Seguros y GravámenesPregunta 1560 de 1605
Requiring a subcontractor to provide a certificate of insurance BEFORE it starts work is a best practice primarily because it:
a.Makes the GC the policyholder
b.Extends the mechanics lien deadline
c.Guarantees the sub will never be canceled
d.Confirms required coverage is in force before the sub creates any exposure on the job
Explicación
Obtaining the certificate before work begins verifies the sub's required coverage is in place before any liability-creating work occurs. It is a front-end risk-management control, though the GC should also require additional insured endorsements for actual coverage.
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Preguntas relacionadas de este tema
- After an owner records a lien release bond of 125%, an unpaid subcontractor who wants to be paid must now pursue:
- 'Employers' liability' coverage, usually part of a workers' compensation policy, protects the employer against:
- A direct contractor completed a private remodel on March 1. No notice of completion was ever recorded and the owner never occupied. The contractor's last day to record a mechanics lien is approximately:
- Which best describes the difference between the payment bond and the performance bond on the SAME project?
- A mechanics lien on a private project should describe the property with:
- 'Additional insured' status is most valuable to an upstream party (like an owner or GC) because it:
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Revisado por Abraham Chen — Licensed California General Contractor (CSLB License #1101856 — verificar)