Friday, January 26, 2018
Condo Boards, Condo Owners - Contractors - Insurance
Hello, thinking about renovations to your condo? Are you on a condo board or a property manager?
If yes and you are involved in approving or selecting a contractor - Be prudent and complete your due diligence
Contractors must have at least 3 types of insurance coverage - general liability, workers compensation and commercial auto
Contractors and their sub contractors must be covered as well.
Workers Compensation - do not accept the following as valid excuses "we are exempt and not required to have it" True not required in some cases. However you, the condo board and the association can face the dilemma where a worker gets injured or dies and now you are a first party plaintiff to an injury or wrongful death law suit. Damages, lost salary and attorney fees included !
Have the contractor produce the certificates of insurance. Ask them to provide the certificates issued in your name or condo association. Optimally request to be additional insured.
Here is a golden link for verifying workers compensation in Florida, search the proof of coverage database by entering the contractors name, if you see "cov" then you know they had been or are covered, if current coverage is then indicated after you click the name of the contractor. You will the insurance company name and effective dates of the policy.
https://apps8.fldfs.com/proofofcoverage/Search.aspx
Be safe and do not act rash - like the lowest price wins the job.
Wednesday, January 10, 2018
Mail Delivery Issues?
Wednesday, January 10, 2018
Mail Delivery Issues?
Hello, Happy New Year... If you ever wonder if the mail is getting to you, you can at least have a quick look sent to your email with images of what is coming, useful if you are expecting something like a renewal notice for insurance. This is part of the USPS (It's FREE) and you check to see if this available to you and or set up an account. Today's Useful Tip !
https://informeddelivery.usps.com/box/pages/intro/start.action
https://informeddelivery.usps.com/box/pages/intro/start.action
Monday, January 23, 2017
With bad weather upon us, if you are traveling out of state of Florida and are going to rent a car, please please get the LDW insurance and add medical payments to your own coverage. If you do rent a car and it is wrecked or damage the car rental company has the right to have you pay for lost time that rented car is not in service.
Friday, January 8, 2016
Car Damage - at mechanic or being towed
Hey just a quick tip, always use your smart phone to take front back and side photos of your car when it is left off at the mechanics or is going to be towed. This will help record the existing condition of your car when it is in the care,custody and control of those services. You may even take a picture of the inside too. Date and time the photos. Just because a shop or valet posts "not responsible for damage" sign means nothing legally.
Wednesday, November 4, 2015
Thursday, October 1, 2015
Home Insurance - update your roof - lower your premium
Your home insurance in Florida uses windstorm mitigation credits to lower your home insurance premium, review your last windstorm mitigation inspection. Section 4 roof to wall connections may indicate "toe nails", you can lower your premium if the photos indicate a nail is missing and only 2 or 3 nails needed in a certain nailing pattern. Single wrap or double wrap credits are significant and in many circumstances you can add that valuable third nail. Consult with your agent and see what is needed and how much you could save. check out a site like http://www.thirdnail.com
Tuesday, June 17, 2014
Car Insurance - Reporting
So you have a new roommate and you do not even think about telling your car insurance company about it, are you going to be safe should you file a claim? Maybe. Any changes to the vehicles you have, lease, store and who drives them, has access to them, lives in your house need to be disclosed to your insurance company. If you think that not reporting saves you money in premiums, you may stand to lose much more if a claim is denied becasue you did not report. Review your policy today and make sure it reflects what is accurate. This is also a cahnce to see that you are getting as much discounts as possible, are you getting homeowner, education,job,member of an association, married discounts?
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