Other remedies: If the contractor tricked or forced you into signing the contract, you might convince a court to terminate the agreement or amend its terms. Failure to fulfill the terms of aninsurance policymay constitute a breach of contract. An insurance policy imposes obligations on both you ...
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HOW TO HIRE A CONTRACTOR.Presents tips on how to hire a reliable contractor. Places to go to ask for references; Amount of general liability insurance that a contractor should have; Importance of detailed estimates; Other tips.EBSCO_AspUAndrewsMichelleSilverMarc...
s insurance in place. A COI can also be used to show a GC or owner that you’ve named them by endorsement as an additional insured on your contractor’s liability insurance. In these respects, a COI is a summary of important information included in an insurance policy— and therein lies...
General liability,which covers any damage he does to your home. Workers' compensation, which covers you if the contractor or any of the subcontractors get injured on the job. You can contribute to the cost of insurance if you wish, but make sure you're saving more on the cost of the jo...
Can you send me a copy of your W-9 and a copy of your certificate of liability insurance fororrcords? 相关知识点: 试题来源: 解析 【解析】No. Form W-9 is used to gather information only from US persons and businesses. If you have a foreign contractor working for you, thatperson will...
faulty work on the part of the subcontractor, usually the general contractor is held liable for such problems. The general contractor may attempt to seek redress with the subcontractor, or have defined terms in the contract with a subcontractor stipulating that the liability would be more evenly ...
a16.5.4 CONTRACTOR shall provide general third party liability insurance with a combined single limit of EUR 5,000,000 in aggregate, for bodily injury and property damage. Third party property damage deductible shall not be more than RMB10,000. 16.5.4 承包商在聚集体将提供一般第三者责任保险以...
Without a COI, a business owner or contractor may have difficulty winning contracts. Because many companies and individuals hire contractors, the client wants to know that a business owner or contractor has liability insurance so that they will not assume any risk if the contractor is responsible ...