Advanced Insurance Services

Property liability insurance claim example: Property damage lawsuit. A remodeling contractor is completing a room addition on a residential property. Unfortunately, one of his (W2) employees (properly classified on his insurance policy) forgets to shut off the water to the kitchen. The water seeps into the floors and the walls of the finished basement that includes a home office and two bedrooms. The homeowner sues them for $190,000 in damages to their house. This is where the minor details. (How many employees, what jobs do they perform, etc.) really come into play. There is no point in purchasing a product that will not cover you in a legitimate claim. Get the details right and you will benefit most from the insurance you purchase.

Property liability insurance claim example: Property damage lawsuit. A remodeling contractor is completing a room addition on a residential property. Unfortunately, one of his (W2) employees (properly classified on his insurance policy) forgets to shut off the water to the kitchen. The water seeps into the floors and the walls of the finished basement that includes a home office and two bedrooms. The homeowner sues them for $190,000 in damages to their house. This is where the minor details. (How many employees, what jobs do they perform, etc.) really come into play. There is no point in purchasing a product that will not cover you in a legitimate claim. Get the details right and you will benefit most from the insurance you purchase.

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When hiring any outside operation for a service make sure they are insured and provide you with a certificate of insurance (call and verify their coverage, the information to do this is on the insurance certificate under the section labeled "producer"). Examples electricians, handymen, plumbers, the pest guy, drywall, janitorial services, flooring basically anyone you hire to preform a service for you that is not your W2 employee. Make sure that the insurance they carry allows them to perform the work being done. .