contractor insurance
Gulf oil spill rig owner gets $401M insurance payment
NEW YORK – Transocean Ltd. said today that it has received $401 million in insurance payments for an oil rig that…
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Does a Homeowner have to have Workman’s comp insurance if he is going to act as the General Contractor?
I plan on adding on to my house this summer, and would like to do most of the work myself. There are some items that I would like to sub out to other Contractors. Am I required to have Workman’s Compensation Insurance to cover these subcontractor’s?
No the subs should show you a certificate if insurance, cause if they don’t and someone gets injured, you will be liable for the injury. This is common procedure for people bidding in jobs, part of the bid process is showing the prospective customer a valid certificate of insurance.