I'm currently hiring someone to take down a tree, remove the stump, lay sod, fix my sprinkler, and plant some bushes, all for $13K, which seems reasonable compared to other quotes. My only concern is that the landscaper added my name as the certificate holder on their commercial liability insurance policy. They mentioned it's for my protection, but since I've never dealt with this before, I'm wondering if it's standard practice or if it could cause problems down the line if an insurance claim needs to be filed. The policies in question include one for personal property worth $20K and another for $1 million / $2 million for commercial general liability.
3 Answers
Definitely a common practice! This is part of what they call a general liability endorsement. It's like a safety net for both you and them. If their insurance lapses or anything goes sideways during the job, you'll be notified, and you’ll have the coverage you need. It's good that they’re being proactive about this!
You've got nothing to worry about! It's actually a good sign when a contractor adds you as the certificate holder. It means they’re looking out for you and ensuring that their insurance will cover you if anything goes wrong during the job. This is pretty standard practice in the industry, so you're in good hands!
Yeah, this is totally normal. When they list you as an additional insured, it means that if something happens while they’re working, you can directly file a claim with their insurance. You're protected without having to deal with your own insurance first, which is a huge plus!