Is Your Landscaper or Deck Builder Insured? Does it Matter in CNY?

Are you considering a home improvement project this summer? As you navigate the process of hiring contractors, it's crucial to verify they're properly insured.

At the Horan insurance agency, we understand that making informed decisions about insurance can be challenging, especially when you're uncertain about the risks involved. You want to protect your home and assets, but you're worried about choosing the wrong policy for your situation.

That's where we come in. As an independent insurance agency serving Central New York, we work with multiple carriers to provide you with an informed perspective others don't have.

In this article, we'll guide you through the importance of contractor insurance and how to verify that your landscaper or deck builder is adequately covered. We'll also share tips on protecting yourself from potential liabilities, so you can enjoy your newly improved home with confidence.

The Hidden Risks of Uninsured Contractors

Summer is in full swing, and with it comes the bustling season of home improvements. As contractors arrive at your doorstep, armed with estimates, plans, and ideas for your new patio, deck, or weekly lawn maintenance, there's one crucial question that should be at the top of your list: Are they insured?

As a homeowner, it's essential to understand that you're ultimately responsible for what happens on your property. Don't be fooled by fancy truck graphics or professional business cards. These don't guarantee that a contractor carries an active insurance policy. Without proper coverage, you're left exposed to potential liabilities.

Deck Collapses: A Startling Reality

It's easy to underestimate the risks associated with seemingly straightforward projects like building a new deck. However, a quick Google search for “deck collapse statistics” reveals the alarming frequency and severity of such incidents.

If your contractor is insured, any injuries resulting from poor craftsmanship would be their responsibility. But without coverage, you'd be left to bear the consequences, financially and legally.

Protect Yourself by Verifying Contractor Insurance

Making certain that your contractor is properly insured is a simple process. During the bidding stage, or before any work commences, request a certificate of insurance with you listed as a certificate holder. This is something most contractors are used to and it accomplishes two critical objectives:

1. Confirming the policy is active, as an expired or canceled policy cannot produce a current certificate with your name.
2. Revealing the actual amounts of liability coverage the contractor carries.

The Added Security of Being an Additional Insured

For added composure, consider requesting to be listed as an Additional Insured, especially for long-term or ongoing projects like lawn maintenance. This status ensures you'll be notified if the contractor's policy is canceled.

While it doesn't grant you authority over the policy, and differs from being a named insured, this extra layer of protection is invaluable. Most insurance carriers won't charge the contractor for this service, though some may impose a small fee. Don't let this deter you. It's a standard cost of doing business.

Subcontractors: An Often Overlooked Liability

If your contractor employs subcontractors, it's crucial to obtain insurance certificates for each of them as well.

If an uninsured subcontractor sustains an injury while working on your property, the burden falls squarely on your shoulders, both financially and legally.

Properly Safeguard Your Home By Verifying the Insurance Status of Your Contractors

As a homeowner, it's your responsibility to protect your property and mitigate potential risks. By verifying that your contractors and their subcontractors are adequately insured, you're taking a proactive step in safeguarding your assets and overall security.

Don't let the excitement of a new project overshadow the importance of due diligence. Request those certificates of insurance and enjoy the comfort of knowing you've done your part to shield yourself from unforeseen liabilities.

In the end, the question isn't whether your landscaper or deck builder is insured, but rather, can you afford the consequences if they're not?

Prioritize your protection and make contractor insurance a non-negotiable aspect of your home improvement journey.

If You’re Ready to Protect Your Home, Horan is Here to Help

As you embark on your home improvement journey this summer, remember that verifying your contractor's insurance is a critical step in protecting your property and assets.

By following the advice outlined in this article, you can approach your project with composure and security, knowing that you've taken the necessary precautions to safeguard yourself from potential liabilities.

At Horan, we understand the challenges and concerns that come with making informed insurance decisions. As an independent agency serving Central New York, we work tirelessly to be your trusted advocate, providing the guidance and expertise you need to navigate the complex world of contractor insurance.

Our experience working with multiple carriers gives us a unique perspective, enabling us to help you find the right coverage for your specific situation.

Don't let the excitement of a new project overshadow the importance of due diligence. Click the Get a Quote button below to discover how we can help you protect your home and assets with confidence.