Youtor
Why Companies Need Contractors Liability Insurance
>> YOUR LINK HERE: ___ http://youtube.com/watch?v=7NL-jbDdLNI
Learning Objectives: Be able to identify the types of contractors, learn the important underwriting criteria for these types of contractors, recognize what coverages are needed for contractors, and understand how contractors are rated and what effects the premium for contractors liability. • Timestamps: • 00:00 Start • 02:01 Artisan Contractor Definition Underwriting • 03:18 Artisan Contractor Coverages Available • 04:06 Licensed Unlicensed Artisan Contractors • 04:51 General Contractor Definition Underwriting • 09:10 General Contractor Coverages Available • 11:36 Important Things to Remember • Artisan Contractors tend to specialize in one or two types of artisan trades – i.e. painting, drywall, plumbing. • The majority of work will be conducted by the owner and/or their direct employees. Although, minor work may be subcontracted to others (less than 40%). • May be engaged in new construction or remodeling work. • General Contractors: • Contractors who have administrative or managerial responsibility for construction projects and exercise supervisory control of operations • Contractors may directly handle some of the construction work or handle it indirectly through subcontractors • Residential and/or commercial construction • Questions? Need a Quote? Contact us at [email protected] • -- • Check out our other previously recorded webinars, they are all uploaded here on our YouTube channel. • You can also register to watch one of our next ones live. Get your questions answered by the experts: https://www.cidinsurance.com/resource... • Get everything else you need on website here: https://www.cidinsurance.com/ • CID Insurance Programs is a Wholesale Brokerage specializing in commercial insurance products designed for the business clients of independent and captive insurance brokers. Our wholesale insurance products encompass a broad range of preferred risks to manageable hard-to-place risks. We have gained success and recognition in helping insurance brokers build their commercial book of business.
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