The premiums for your general liability and workers compensation insurance policies are based on payroll. If you do not have a copy of their certificate, the insurance company will assume they are uninsured and include them in your total payroll thus increasing your premiums. If they are insured, always get a copy of their certificate of insurance.
What happens if I do not get a certificate of insurance from my sub-contractors?
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About the Author: Tom Wiecek
President of the award winning protection team at Paramount Insurance Agency since 1997. As independent agents, Tom Wiecek and his team work for their clients, not for an insurance company. They focus on finding the right protection designed specifically for your needs at the lowest cost.