Liability paid by contractor ???

Discussion in 'Business Operations' started by OEY3, May 23, 2008.

  1. OEY3

    OEY3 LawnSite Member
    Posts: 18

    I have been offered to bid on an installation of sod (1.5 acres) for a building contractor. This is the first time I have ever not dealt with the property owner. I have no liability insurance...yet. The contractor says that he wants me to do the work, however when I told him I had no insurance he said he would have to cover it and charge it against my bid. ??? What does this mean?

    Its so much easier to deal with a client myself, but I may have never had the opportunity to land this job if it weren't for him.

    Why does he need for me to have insurance and should I just run out today and shop for some? I will need to discuss with insurance agent, but wanted to get your feedback first.

    Thanks
     
  2. CLARK LAWN

    CLARK LAWN LawnSite Silver Member
    Posts: 2,526

    he needs u to have insurance incase you screw up something. like loose control of a tractor and run over sombody. u can call an agent but i think it takes 30 days from when you sign till you are coveredmine cost me less than a thousand dollars a year for a million dollars of coverage. its just stupid to run without it.
     
  3. MountainMan

    MountainMan LawnSite Member
    Posts: 12

    You should just get your own liability insurance, I have 2 mil in coverage and it cost around 450 a year!
     
  4. VBsnow

    VBsnow LawnSite Member
    Posts: 241

    First, there are no more companies that allow him to hire uninsured subs. Second, it will most likely cost more. Go buy it. It's cheap. It's smart.
     

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