Email: Password: Retrieve lost password | Subcontractor Registration
Home › Subcontractors

Insurance Requirements

Addison Inc. has implemented new insurance requirements. Addison Inc. requires that the certificates of insurance have the following limits and coverage’s, and our office prior to commencing work must receive your insurance certificates. If you cannot adhere to these requirements you need to get pre-approval.

General Liability:

1.
 Limits of Liability
 General Aggregate
 $2,000,000


Products comp/Op Agg
 $2,000,000


Personal & Adv. Injury
 $1,000,000


Each Occurrence
 $1,000,000


Fire Damage
 $50,000


Med. Exp.
 $5,000



Automobile Liability:

1.
 Limits of Liability
 Combined Single Limit
 $1,000,000
2.
 Coverage's:
 Owned automobiles or
A. Schedule auto
B. Hired auots
C. Non-Owned Auto Autos



Umbrella Liability:

1.
 Limits of Liability
 Each Occurence
 $2,000,000


Products comp/Op Agg
 $2,000,000
2.
 Coverage's:
 Umbrella Liability Form
 Project Specific



Addtional Provisions:

  1. All policies must contain a 30-day notice of cancellation.
  2. Addison Inc. must be named as an additional insured. A copy of
    the additional insured endorsement must be attached to the certificate.
    ISO endorsement CG 20 10 10 01 is acceptable.
  3. Any manuscript exclusions or limitations of coverage shall be
    specifically listed. These should include, but not be limited to, the
    following:
    1. EIFS
    2. Subsidence
    3. Mold and fungus
    4. Contractractual liability
    5. General Liability Deductable or SIR (if none state)
  4. The general liability coverage should specify the aggregate limit
    of liability applies on a “per project” basis.
  5. It is a requirement that the additional insured endorsement
    include coverage for completed operations. ISO endorsement CG 20 37 10
    01 is acceptable. An individual company Blanket additional insured
    endorsement is acceptable if coverage is extended to include completed
    operations.
  6. Additional insured shall apply as primary insured and that any
    other insurance carried by certificate holder will be excess only and
    will not contribute with this insurance.
  7. The general liability coverage should be endorsed to include a
    waiver subrogation.

If there are any questions, about any insurance items, please contact Tracy Brailsford at: 702-740-9655.