If you let your company know this upfront and in advance, they might just exclude personal liability coverage on your homeowners policy.

Usually, if it’s a mixed breed, and it LOOKS at ALL, has ANY physical features of the breed, that counts. THEY don’t have to prove that the dog is a pitt mix – YOU have to prove that it ISN’T. And if you acquire a new dog, even if it’s NOT a pitt mix, if it is at ALL aggressive, they can flat out cancel you anyway, even if it’s not a prohibited breed.

They also find out when the dog attacks someone in the neighborhood or gets loose and chases the mailman and a complaint is filed.

There are plenty of incidents that could take place that would cause the insurance company to come out.

So. You can’t buy workers comp insurance for just subs. But unless you want to be stuck holding the bag, you will need to require your subs to buy workers comp insurance, AND provide you with proof of coverage. Otherwise, YOU will have to pay lost wages and medical costs.

The same goes for professional liability, auto liability, and general liability – YOU, the general contractor, are on the hook, unless your subs are fully insured, naming you “additional insured” on their policies.

See, too many businesses try to get around paying for benefits and coverages for employees, and to get around paying taxes on their payroll, by calling them subs. So the law has reacted, by holding the general responsible for any uninsured subcontractors.

Your agent should be advising this.

If the money passes through your organization, you DO need liability, workers comp, auto liability, professional liability, and likely property coverage.

This is the genius of Mr Fowler’s book. As a businessman and community leader, my experiences have revealed to me, saying this was simply the key to success. Once you start to complicate things, the more likely you are to find themselves in trouble.

The book’s subtitle says it all: “A reasonable guide to building a successful insurance business.” The details of the product clearly indicate that the book is only 54 pages. It would take a bit of paper thick enough to make it look like a novel.

A smart consumer is an informed consumer. When I buy books, I know what I usually get before you buy.

Bottom line. Sometimes we need some common sense in our lives to help us succeed. Ask Thomas Paine.

I love the book and recommend it to anyone looking for an easy way to create order in their lives, most often leads to success many of us want .
Rating: 5.5