Posts Tagged ‘general’

Plumbers Insurance

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Plumbers Insurance
Plumbers Insurance

How To Hire A Plumber

Plumbers are necessary for new construction of homes to install pipes and water systems. However, most people need a plumber for their existing pipes when something breaks. Unfortunately, this usually occurs at an inconvenient time and often necessitates an emergency call to fix the problem quickly. Costs for this can be high so there are several things to consider before hiring one.

Plumbers usually specialize in either repair or new construction. If you need a plumber for new construction, get quotes from those who specialize in this area. If you are looking for repair work, hire a plumber who specializes in repair. It is always wise to get multiple bids on your project, but in an emergency situation this may not be feasible. Ask what the costs will be up front, including any after hours or emergency service fees. If the plumber works on an hourly basis, find out up front how the time is calculated and keep track of the amount of time spent.

Discuss the scope of work with the plumber so you are familiar with the type of work that needs to be done and how it may affect existing systems. Compare what each plumber told you so you can be assured you have a consistent diagnosis of the issue. If you feel a plumber is increasing the scope of work unnecessarily, do not choose them for your work. Go with someone you feel comfortable with and who can get the job done efficiently.

Always get a contract for plumbing work whether it is new construction or repair. There are several pieces of information that should be included on a contract. Plumbers must be licensed so ensure you have their license number and verify it. Make sure they have proper insurance in case there is damage to your home caused by work they did. Ensure they will take responsibility for any damage done while working or get details of any exceptions. The contract should include a detailed accounting of the work to be done and a bottom line price. If the plumber is bidding on the project, there should be one price for the entire job. If a plumber works by the hour, the hourly rate should be clearly identified along with any additional fees. There should also be an estimated time that the work will be completed. Always make sure there is a guarantee of at least a year for the work performed.

Hiring a plumber for new construction allows you to take a bit more time in the hiring process. Check references and interview plumbers. Ask for referrals from trusted sources.

If you need a plumber in an emergency situation; however, you will have to get information much more quickly. You may not have time to check around before choosing a plumber. After all, if your basement if filling up with water you don’t want to be on the phone calling several plumbers for quotes. In an emergency situation like that, try to choose someone you have worked with in the past whose work you were pleased with or a well known company in the area.

Insurance claim – plumbing?

Right we left the tap on in the Bathroom and it flooded and brought the ceiling down on the kitchen! The insurance company wants a plumbers report to say the tap was actually on to pay out. How much odes this cost? Any plumbers do it for cheap there is nothing wrong with the plumbing just need the report
Well yes i am a retard obviously – just an accident in which the tapo was left on with the plug. Loss adjuster came out and asked for plumbers report. Explained etc etc we are covered for accidental damge hence them paying out for my stupidity – but was told to get the report before they pay out

1sty u are a maniac who doesnt have control over his own house
2ndly its ur bluddy fault
3rdly the insurance company shhudnt even b payin u coz of ur a retard

Effect on Home Improvements Act could view any improvements to their home work new home will be affected by a law that cracks on Contractor if lead paint is present.

General Liability Policy

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General Liability Policy

How to buy California contractors general liability insurance

1) Look up your contractors license number at www.cslb.ca.gov
Write down your license number, the year you were licensed and your license classification(s).

2) Draw up a list of ALL of your operations (i.e, plumbing, electrical, painting, remodeling, home building, etc)

3) Determine what percentage of your work is residential, commercial, and industrial.

4) Determine what percentage of your work is new construction versus existing construction (including remodels and room additions)

5) Determine your estimate for gross sales, payroll, and subcosts for the upcoming year

6) If you are a larger contractor with current insurance AND paying more than $7500 per year in liability premium, you will need to obtain loss runs from your prior agent.

7) Call an experienced insurance. broker specializing in California construction contractors insurance. Call 800-353-9292, Ask for John Glover and request a free, no obligation quote

 

TIPS AND WARNINGS

The best rates often go to owner only operations doing painting, electrical, and remodeling/handyman work. Most insurance companies offer a payment plan. Some brokers also take credit card payments to help spread out the cost of the insurance. Always call your insurance agent to discuss the insurance requirements of one of your potential customers BEFORE you sign the contract. If your customer has stringent requirements, your current policy may not be sufficient. Find a broker who specializes in construction contractors insurance. Just as contractors can specialize in their trade, brokers who specialize in construction insurance often find the best deals and give better advice. Remember that General Liability does not cover your tools. If you already have insurance, insist that your current broker send you your renewal proposals at least 30 days before your policy expires. This will give you more time to shop the market to see if you are still getting a competitive quote. Not all liability policies are alike. Cheaper policies may have some critical coverages stripped out. Ask your agent for details. Beware of high deductibles. Higher deductibles can lower the premium costs but if you can’t afford the deductible when a claim hits, you may be in trouble. Low cost carriers do not want to insure any contractor who has worked on a new home tract subdivision in the last 10 years.

General Liability Policy
Chartis Introduces Executive EdgeSM, Next Generation D&O Policy for Public Companies
NEW YORK—-Chartis today announced the introduction of Executive EdgeSM, a policy developed by its Executive Liability Division to address the unprecedented risks facing directors and officers of public companies.