Contract Painter's Insurance Coverage, is this enough? Thanks!

[Mark Updegraff]

Hi All, Still relatively new to the game and want to make sure that this is adequate for an exterior paint job.

The insurance co faxed me the following (and is mailing a hard copy for my records):
Type of Insurance: General Liability
there is a X in the box for Commercial General Liability, and a X next to a box that has Occur (not sure what that means).
For Limits:
Each Occurrence $300,000
Damage to rented premises is blank
Med Exp (any on person) $1000
Personal & Adv Injury is blank also
General Aggregate $1,000,000
Products - Comp/Op Agg $1,000,000

I am named as the certificate Holder.

Does that all seem good? Are the limits OK? I'm not sure what they mean either, if anyone can clarify...

Thanks so much guys and gals, any insight on reading this Certificate of Liability Insurance would be greatly appreciated!!!

Mark

[Jason S.]

The safest "assumption" in this situation is that you will be responsible for the Workers Comp - check with your insurance company to determine how to cover the workers, if this is even something you want to do. Hopefully it is a one story home with 8' walls and no ladders needed. Though paint can still get in their eyes......

Also, if this is a pre-1978 structure then the painter is subject to the new EPA lead based paint rules/license (are they doing any sanding or prep?) - if they do the work after April 22 and it is a pre-1978 structure make certain you are in compliance.