Welcome home contractor
Dallas contractors insurance general liability, we not here on Sunday but we did want to say hello before we head off to church. Today, Dallas/Fort Worth has 7 plus million people and we are a bustling collection of diversity that wants protection from the elements. Contractors we need you and you may want to have coverage to help protect your fiscal assets. Contractors, men and women working with their hands have built America. The roads we enjoy every day here in North Texas and all across our country were built by the working class people, the contractors of this great country. Dallas contractors insurance general liability, let’s talk about applications for coverage.
Let’s start with price
When applying for coverage you will most likely engage in a series of questions that are directly related to your particular type of company. There are a lot of factors that go into these questions that you may be asked. The most obvious will be, what kind of work does your company perform? You may be a…
- A Small General Contractor
- A Painter
- A Flooring Contractor
- A Plumber
- A Handyman
- A Remodeler
As an example, you will most likely not ask the flooring contractor if he is painting while using scaffolding and using common sense the agent will most likely understand that a painter will not have an electrical fire. Also, you will most likely have the foresight to see that an electrician may not have an exterior painting overspray exposure.
The underwriter
The underwriter is not evil; underwriting is more like the refereeing….with a hammer. Generally speaking an underwriter is looking for things that may have been missed on the application. As an example of this, you may have a website that explains things about your company such as what type(s) of contracting your company engages in. Here is where things can get interesting, you will need to have an……
Application
Your website and your application must match, meaning that the scope of work that is listed on your application must match what is displayed on your website. Seems really simple, until someone say’s “I don’t do concrete.” Yet, somehow….just somehow, concrete construction is alive and well living on their company website. Not disclosing that you have a concrete exposure on your application could generate a problem.
We don’t know
What we cannot tell you is what happens next. I do want to say that in most every case that something is going to take place when an underwriter sees this oversight. Personally I think that the worst scenario is this: you have a concrete construction claim and your claim is denied because this exposure was not disclosed on your application. No one wants to be in the middle of that mess, well I don’t think so anyway. This is just my way of saying…
Be honest on your application
Your application may be your protection in the end or come time to pay a claim. Nothing is perfect. Dallas contractor’s insurance, general liability is not a FORCE FIELD its insurance. This coverage is something you may want to take time and go over with your agent.
Disclaimer
This is my opinion and my opinion only and nothing more. On this web blog and website I/we and all assigns offer no warrantee or any kind of a guarantee whatsoever and never will. The information found on this site is for informational and entrainment purposes only. For more information on our disclaimer click here.