Teton Insurance Group

To all the GCs out there!

Just wanted to share some insights on the significance of subcontractor agreements, particularly the additional insured and waiver of subrogation endorsements, from an insurance perspective. Depending on your specific operations, there may be other endorsements worth discussing with an insurance professional.

Subcontractor agreements, when combined with additional insured and waiver of subrogation status, extend a safety net beyond standard insurance coverage. By having subcontractors designate the primary contractor as an additional insured on their policies, both parties are protected in the event of unexpected incidents during a project for the subcontracted work.

The best part is that this added protection can be obtained at ZERO cost to your business and helping save you money on insurance every year. It's a proactive way to transfer risk to the subcontractor responsible for the work. Summary. Minimize your exposure and reduce your overall insurance costs.