A couple of comments regarding the wrenches' list. Bob O
Schultz is correct - no one should be on the list who will not show up with
equipment to both install and service what they sell, design, specify and/or
contract to install. Wrenches' list implies contracting. The
beginning of the wrenches' list should inform the potential client to ask his
contractor for three types of insurance, all legitimate contractors should
carry: 1) liability insurance which covers homeowner against damage
the contractor might cause while working at the home or site. 2)
workers' compensation this protects the homeowner against liability if
the contractor or his employee is injured while working at the site. In
the south homeowners have lost their homes to lawsuits by lawyers suing the
homeowner after serious injury to an employee who was not covered by his
employer. The contractor may flee to another state - however the homeowner
cannot flee with his property and the responsibility for workers compensation
lies with the homeowner. 3) Completed operations insurance This covers
the homeowner against damage to the home after the job has been completed.
For example, if incorrect mounting procedures cause a leak in the roof and
damage for the contents of the home or an electrical fire causes damage to the
home resulting from the contrator's work.
Insurance companies will not pay for
damages caused to a home when a permit is not pulled for the job or the
contractor is not licensed to perform the work. In Florida recently a
homeowner whose house burned down ordered equipment from a wholesale
distributor in California. The homeowner installed the equipment himself
(perfectly legal) but did not pull a permit. The homeowner suffered a
$100,000 loss because the insurance company discovered that the homeowner did
not pull a permit. If a contractor had installed the job and did not pull
a permit the homeowner would have been covered, however, the insurance company
would a)expect the contractor's completed operations insurance carrier to pay or
b) sue the contractor.
Many contractors businesses are what they
sell for retirement before they move on to the old solar installers' home.
Protect your livelyhood from sharks and lawyers - carry the proper insurance and
let your clients know you are properly insured.
Tom
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