If I get Occupational/Accident (OCC/ACC) insurance does this protect me from uninsured guys that I hire?
outdooreventsinc asked:
I hire friends to help my company set up event sites. I am incorporated and have each sign a contract stating that they are not employees and are free to work for whom ever. They must use their own tools and know the field.
I hire friends to help my company set up event sites. I am incorporated and have each sign a contract stating that they are not employees and are free to work for whom ever. They must use their own tools and know the field.
My main question here is we are not a construction company building houses. BUT if these guys get hurt I want to protect all my assets. I have heard of OCC/ACC but does this cover me if something should happen. Is this enough protection that I don’t ever need to worry about someone saying they should have been employees on workmen;s comp. In this field no one is an EE. These guys will work for two companies at the same time. I have General Liability insurance but they just charged me a huge fee for hiring unlicensed, uninsured contractors. I’m trying to do everything I can to do it right. Will this insurance work? HELP!!! ASAP!!!
I have heard of this insurance for truck drivers but it is like Work Comp that you buy for yourself. There is a group version, but I think it is for employees only…if you don’t meet the minimum requirements for work comp to be mandatory for you…this can sometimes be a cheaper alternative. You should really require that your guys be insured and bonded and have Certificates of Insurance adding you as additional insured with a Waiver of Subrogation to you. However, those laws vary state to state…you may want to seek guidance from a local agent or attorney.
hey boss, your qns required professional to answer, could check with the insurance company or lawyer. it is best to have them to ans u