What Insurance Companies Look For In Their Insured Contractors
Insurance companies are looking for these things:
- Appropriate professional training, resumes, and certifications
- Good standard operating procedures
- Well developed contracts - no warranties regarding mold reoccurence
- Primary and subcontractor contracts
- History of successful work
- Loss runs or loss statement from current and past insurance companies
- Focus of operations
- Samples of proposals to clients
- A fully completed application
- Financial stability