Using self employed..ins...
i am a self employed builder. On some job i obligation an extra personality, i can't afford a full time wage or the insurance.
If a use a self employed builder near his own insurance, do i obligation to lug out any sort of insurance.
thanks
Answers:
Unless your "self employed" builder provides you near a permit of insurance showing he's carrying standard liability and workers comp, you entail to include what you're paying him as an hand on YOUR GL and WC policies.
Upon audit, if you hold that cert for him, what you pay packet him will be charged below "cost of subs" as defiant "employee", and will put aside you a TON of money. If you don't hold the cert, he's going to be charged (and covered) as an member of staff.
if you enjoy a public liabilty that should cover you
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If a use a self employed builder near his own insurance, do i obligation to lug out any sort of insurance.
thanks
Answers:
Unless your "self employed" builder provides you near a permit of insurance showing he's carrying standard liability and workers comp, you entail to include what you're paying him as an hand on YOUR GL and WC policies.
Upon audit, if you hold that cert for him, what you pay packet him will be charged below "cost of subs" as defiant "employee", and will put aside you a TON of money. If you don't hold the cert, he's going to be charged (and covered) as an member of staff.
if you enjoy a public liabilty that should cover you