How much insurance should one want/expect a general contractor to have for a major brownstone renovation?
Yes, there are legal requirements and the DOB requires proof of insurance – and proof of numerous other business documents – from any contractor registering with them. Once approved, a registration card is issued and the contractor is entered into the BIS system. I carry my card with me at all times.
masterbuilder
in Insurance 14 years and 3 months ago
2
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11231 | 14 years and 3 months ago
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How much insurance should one want/expect a general contractor to have for a major brownstone renovation (not a gut, but moving kitchen, putting in bathroom, doing structural work). Are there legal requirements on this? Thanks.
bullfrog | 14 years and 3 months ago
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Any legitimate general contractor should be carrying a minimum of 2 million in liability plus the required comp and disability.