Restoration Contractor Insurance

Restoration Contractor Insurance Pollution Liability vs. Professional Liability for Restoration Contractors: What’s the Difference? Pollution liability generally addresses covered environmental or contamination conditions, while professional liability addresses allegations that a restoration contractor’s assessment, recommendation, measurement, report, or other professional service was negligent. A single water, mold, or remediation loss can involve both. The distinction becomes…

Restoration & Environmental How Much Umbrella or Excess Liability Should a Growing Restoration Company Carry? For many growing restoration contractors, $1 million is only a starting point. A practical review often compares $1 million, $2 million to $5 million, and $5 million to $10 million or higher umbrella or excess limits based on fleet severity,…

Restoration Contractor Insurance | North Carolina 6 Signs Your Restoration Company Has Outgrown Its Insurance Program Growth changes more than revenue. A restoration company that adds reconstruction, mold work, contents packout, warehouse storage, employees, subcontractors, vehicles and larger commercial contracts can become a materially different insurance risk even when the same policies renew every year….

Quick answer: Commercial property management restoration contracts commonly require general liability, workers compensation, commercial auto, umbrella or excess liability, additional insured protection, primary and noncontributory wording, waiver of subrogation and completed operations protection. Pollution, customer-property and professional exposures may require separate coverage. Restoration Contractor Insurance Insurance Requirements in Commercial Property Management Restoration Contracts Restoration firms…

Restoration Contractor Insurance Contents Packout and Storage: The Bailee Exposure Restoration Contractors Miss Bailee insurance restoration contractors use can become important when customer furniture, electronics, clothing, documents, artwork, and other belongings are packed, transported, cleaned, or stored after a loss. Once those contents enter your care, custody, or control, your general liability policy may not…

Restoration Contractor Insurance Contractors Pollution Liability Insurance for Restoration Companies: Why General Liability May Not Cover Mold, Bacteria, or Contaminated Water Restoration companies are hired to enter buildings after water, sewage, mold, smoke, and other contaminants have already created a problem. That makes pollution liability one of the most important coverage questions to resolve before…