As a contractor in a litigious state I have always been stickler for hiring only licensed contractors who provide me with proof of insurance. Except once…. I hired someone for cash and they may have caused as much as $15,000 or more in damages. Has anyone filed a claim against their liability insurance before? What am I in for? I’m guessing they’ll probably cancel my policy afterwards. What else?
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I'll be interested to hear what others think, but my first reaction is that you knowingly violated the terms of your policy and will get no $ at all.
k
fink....
how are you going to explain no certificate of insurance ?
what did the ???sub??? do ?
$15K is a lot of moolah
Its really a hypothetical situation for discussion sake. I'm curious what people's experiences have been in dealing with insurance, since I've payed all this money over the years and never made a claim.
Well heck since we are dreaming here.... They will pay it in full and reduce your premiums because you are a nice guy.
i cut down the wrong tree one time...
before my insurance company would cover me and defend me, they first had to make a determination that my action wasn't "willfull"Mike Hussein Smith Rhode Island : Design / Build / Repair / Restore
the worst one was when i was named in a 3d party suit about a trip & fall in a new home we had built
my insurance company had gone belly-up and my new one wouldn't cover the occurrence
i was finally let out of the suit, but i still had a legal bill to pay... later i was reimbursed by my insurance agent.... thru their errors & ommissions insuranceMike Hussein Smith Rhode Island : Design / Build / Repair / Restore
I would guess your agent then dropped you as a client. That happened to me in a situation like that a few years ago
yes, he did..... best thing ...
i found a great agency after thatMike Hussein Smith Rhode Island : Design / Build / Repair / Restore
25 years with the same liability company(and fleet) good working relationship.....don't call me... I won't call you. Keith C
I would be very leery about making that claim. You might end up with no insurance an no ability to buy a policy. That 15k might be better off coming out of your pocket directly. Either way, you will pay but the hard way may be far worse.