Labor Force Insurance

Dallas Contractors Insurance general liability 972-217-8907, well it is  sunny two days in a row, for one am impressed. Hello and good day to all the contractors at large here is our metroplex Dallas/Fort Worth and North Texas. We are here today and will be at our service until 6PM answering our phones today. Today let’s talk about the quote and things that you may or may not know concerning how total annual premium generated. Now, generally speaking there are two way that this calculation is done. One is by Payroll and the other by total gross run or receipts and sometimes there may be a third component used for calculating your blanket addition insured and/or waiver of subrogation. Ok, here we go into Dallas contractors insurance general liability.

Start with the payroll

Now, your payroll can be tricky because in the contracting world you may be using subcontractors. Remember you might want to ask you agent how they (subcontractors) are covered on your policy. There is more. The Subcontractors may be insured, now I understand that there is a lot here to go over so this will be a three part series. Now, the uninsured subcontractor: you want to check with your agent and be sure that your policy will cover uninsured contractors and there is a possibility that a company will not allow you to have both uninsured and insured subcontractors. Again I am not trying to be confusing here. Now, let’s assume that the company that is issuing your policy will allow employee’s, insured subcontractors and non-insured subcontractors. You will need the amount that you pay for your subcontractors or labor cost and you will need your labor cost if you have employees. You may have

• Flooring Subcontractor
• A supervisor
• Cleanup person
• Concrete Subcontractor
• Landscape Subcontractor

You may have a lot more that the list above this is just an example. How to break down the codes for your subcontractors and your employees can make a difference as to how much you pay for your Dallas contractors insurance general liability and do keep in mind that this is going to be a three part series today through Thursday.

Your agent

Like a good mechanic you might want a good agent to work with you on your commercial general liability. Also you may want to look around to different agents to see which agency and agent is the best fit for you and your company. Like most things NFL quarterbacks, NASCAR drivers not all are equal. The same might be said for Commercial insurance Agents. It’s all up to you the consumer but this might not be the worst idea in the world.

Disclaimer

Now, this is my opinion and nothing else. So, don’t take anything here as fact work with your agent that sold you, your policy. This blog roll/website/and everything here offers no warrantee nor guarantee whatsoever. The above is work of fiction, meaning that this was not based on an actual case so again ask questions of your agent. If you want more information on our disclaimer click here.