How to work with outsourced companies?
How to work with outsourced companies? It is quite common for small businesses to need to outsource to other companies to fulfill certain projects, be it an electrician, a company specializing in roofing, a hauler, or a plumber, just to name a few examples.
But hiring these services always carries the risk that these contractors lack adequate insurance and their mistakes are our responsibility.
Therefore, it is key when outsourcing to a transporter or electrician to make sure they have workers’ compensation insurance and adequate liability insurance.
For example, if the project you are doing needs to remodel the roof and the contractor you bring in lacks or has insufficient liability insurance, any claim for defects in the project is up to you. Or, if one of the workers of the outsourced company suffers an accident, it is your responsibility.
It is advisable to ask the outsourced company to present a Florida Certificate of Liability Insurance. Once you have the document in your hands, verify its validity, verify the name of the company, check if the coverage is sufficient to ensure the job and if the workers are protected.
Avoid falling into the trap of choosing a company because it does the job cheaper. If you lack adequate coverage and something fails, the responsibility is yours. Most often, your own insurer refuses to take on the damage caused by another company or agrees to cover damages from a job for which you are not certified. How to work with outsourced companies?
If you need cheap and effective commercial insurance, call Univista Insurance.