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Wednesday March 10, 2010

Contractor's Insurance Coverage

BROADFORM SHOP BUILDING COVERAGE
  • Replacement cost (optional)
  • Accidental breakage of glass and signs

OFFICE CONTENTS COVERAGE
  • Replacement cost
  • Optional theft coverage
  • Optional mechanical breakdown to equipment

BROADFORM INSTALLATION FLOATER
  • Materials on site (Installed and in process) during period of contract
  • Materials in transit to site

BROADFORM TOOL & EQUIPMENT FLOATER
  • Hand tools on a blanket basis
  • Automatic 6 day coverage on short term rental up to $2500
  • Automatic 30 day coverage on new acquisitions up to $2500

COMMERCIAL GENERAL LIABILITY
  • Premises Coverage – Your shop and Job site
  • Completed Operations coverage – when work completed
  • Personal Injury

HIGHLIGHTS ONLY. Actual policy wording govern.
Coverage Availability subject to underwriting eligibility.

Water Problems
Water problems may occur at any time due to melting snow, heavy rainfall, sump pump malfunction or sewer back-up. Check roof shingles to ensure they are in good repair. Ensure your sump pump is functioning - have a back up system or alarm if you experience water problems on a regular basis. .....Full Story
Oil Tanks & Fuel Spills
This area is becoming a huge problem as the required environmental clean up is costly and is also disruptive to the homeowner. Check your oil tank & lines regularly for any possible leak or problem. If you detect an oil odour call your distributor immediately. If you have a spill, our adjuster .....Full Story
Fire
This is a common loss and may also lead to death. Ensure that smoke detectors are in proper working order. Have extinguishers in place in buildings and on equipment. Electricity must be respected. Have electrical wiring work completed by a certified electrician. Ensure that electrical .....Full Story