As a professional stucco and plaster contractor, it is likely that one day you will be involved in an accident or another incident that may require you to seek the services of Stucco Contractors Tampa FL. Since someone being injured by you is quite a possibility, you must guard yourself before any problems arise. Therefore, purchasing a stucco and plaster contractor insurance policy specifically designed for stucco and plaster contractors is certainly the way to protect yourself and your company from potential financial loss due to litigation. Below are some of the most important things you should know about stucco contractors and their insurance policies.
Insurance can help you avoid huge losses if your company cannot pay for the repair or replacement work of a property damaged by you or a third party. In many cases, buildings or properties do not have any financial reserve to absorb high costs such as damages caused by negligence or accidents. It can be a real challenge to develop a strategy that can effectively cover all the costs incurred in dealing with repairs. A good stucco and plastering contractor insurance policy can help you limit your losses to the value of the actual costs incurred and the replacement costs if any. With this in mind, you will not have to worry about the huge financial loss incurred due to negligence on your part.
When it comes to protecting yourself from lawsuits, an excellent stucco contractor’s insurance policy must include general liability coverage. It is quite likely that your competitors or other individuals who may cause harm to you have insurance policies covering them. As such, you may not need to purchase separate commercial general liability insurance policies to cover yourself, as many people mistakenly believe. As long as your building and property are properly insured, you will be protected from lawsuits.
Stucco and plaster are very difficult to install, requiring skilled labor. If a licensed or certified professional does install it, they may not be fully protected from liability claims. If he or she creates a faulty job, he or she may be held liable for all damages or costs resulting from that job. A plastering contractor insurance policy will ensure that you do not become a victim of such negligence.
Stucco is composed of a mixture of cement, sand, and water. The composition of stucco, when mixed with water, becomes hard. When this mixture is exposed to heat, it becomes brittle and may break. When this happens, a high chance that a professional who is not properly trained will damage your property. In addition to having legal fees to pay, you also have the costs associated with repairs. Professional stucco contractors can be costly to retain, but you will be better protected in the long run.
Stucco and drywall contain large amounts of water and excessive amounts of toxic gases. If these substances are not adequately vented, they can create toxic mold growth. Black mold is a serious health risk. Stucco and plaster contractors who do not properly protect their employees from harmful exposure to these emissions will be responsible for the health problems of their employees.
A significant portion of stucco and drywall contained asbestos. If this substance leaks from its container, the particles can become airborne, affecting people breathing them in. Exposures of asbestos can lead to lethal health problems such as asbestosis and lung cancer. Professional low-cost construction companies should not expose their employees to this hazardous material without providing adequate protection. You can find out more about affordable construction company options to protect your staff and home by reviewing online directory listings.
If you are interested in obtaining low-cost building and remodeling services, contact a professional stucco and drywall contractor to discuss your project. You can request free estimates from several contractors to help determine your best options. You may also want to request information on their licensing and certification status. Some of the options available include UIAA and NAIA accreditation. You may also want to review the contractor’s website to learn additional information. By staying informed about your contractor’s performance history and credentials, you will be better informed about your materials and finances.