Quote:
Originally Posted by retiredguy123
I would add that "proof of insurance" is not just a simple letter from an insurance company. If you really want proof of insurance you need:
1. The name of the insurance company, policy number, and a point of contact
2. The policy premium paid and when does the policy expire?
3. The dollar limit of coverage
4. Can the homeowner file a claim against the policy for the contractor's wrongful actions, "independent" of the contractor?
If the policy is just a personal liability policy to protect the contractor, it is worthless to the homeowner. What good is an insurance policy if the contractor either refuses to file a claim or disappears?
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Exactly ! In the past we've found the state dept. of consumer affairs VERY helpful with providing us with information given to us by various contractors and trades people. We have found some FRIGHTENING information on some, including vans with the state licensing number painted in large letters ON the van, as well as on the business cards. But when checking with the state we found the number was an actual state issued number.... HOWEVER, the business only paid for the license or filed the insurance policy for ONE year, never renewed, yet KEPT the state license number on their vehicles and cards. Seems the state has no procedure for shutting such people down ! ? They DO send out a letter, but then it's up to the business or trades person to renew license and insurance ! State "police" do no visit the business personally, and there is no penalty for not renewing a license or an insurance policy, so many just keep telling people they have these, and leave them on their cards and vehicles long after expired.