Contractor Reports

Busiest Time Of The Year For Contractors   The spring, summer, and early fall months are the busiest time of the year for contractors, especially those that do most of their work outside.   Even the interior contractors tend to be busier during this time, should a homeowner decide to do an upgrade, and the contractor needs a place to store the items being removed from the home until they can be discarded.   This would be a bit difficult if there is snow on the ground.   You want to make sure you have the proper general liability coverage in place prior to starting the job.   Just because a homeowner, or business, does not ask for proof of coverage, does not mean you do not need it.   In the course of your work, you could accidentally damage something in the home or business, which could be costly to repair or replace.   Who would responsible for repairing or replacing the damaged item?   The homeowner and/or business owner would expect YOU to repair or replace the item.   If this is

 Whether you are an experienced contractor, or a new venture, you need to be aware of the different policy forms and endorsements available for your business.   Contractual Liability Liability imposed on an entity by the terms of a contract . As used in insurance, the term refers not to all contractually imposed liability but to the assumption of the other contracting party's liability under specified conditions.   Action Over Coverage / 3 rd Party Action Over An “action over” (also called a “third party over action”) is  a type of action in which an injured employee, after collecting workers compensation benefits from the employer, files a tort claim against a third party whose negligence allegedly caused the employee's injury .   For an Action Over policy, this is not an endorsement that can be added to a policy. This would be a policy form type.   If you have a policy does not have Action Over on it (no exclusions for injury to employees), your policy would need