Fla. CPCU Speaker Outlines Certificates of Insurance Terms, Provisions
Southeast News • February 2, 2006
"Certificates of Insurance: The Second Most Dangerous Piece of Paper," including specifics about various insurance contract terms and provisions, and what to do and not to do with certificates of ...
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Subject: Certfifactes
Posted On: February 3, 2006, 8:30 am CST
Posted By: JR
Comment:
The simple things here is to make contractors insure themselves and not require the subs they hire to insure the GC. The hold harmless provisions, additional insureds status, and contractual liability and other lengthy clauses are none other than a way to push blame, liability and costs onto other parties. Why should an electrician need to be responsible for the work done improperly by the plumber, other then the GC does not want to deal with it. It has become normal today for people to shrug off responsibility and look for someone else to blame, I think Lawyers are responsible for this attitude, since they are the only ones that benefit monetarily.
A certificate of Insurance is not meant to inforce a contract between a GC and sub, nor should it be used as leverage for the weazel GC that wants to screw subs by not paying them. GC's should not let anyone perform work until they qualify to be on the job site. If a claim occurs and the sub is not really insured the GC is responsible, that is a risk the GC is taking.
Subject: Certfifactes
A certificate of Insurance is not meant to inforce a contract between a GC and sub, nor should it be used as leverage for the weazel GC that wants to screw subs by not paying them. GC's should not let anyone perform work until they qualify to be on the job site. If a claim occurs and the sub is not really insured the GC is responsible, that is a risk the GC is taking.