i am fed up with this, but realize it is a necessary evil, at least in NYS it is.
anyone else come across 1 or 5 prospects per year that will give you the $400 job but you are required to add them to your policy as Additional Insured?
costs me about $250 for each company i add to my Additional Insured list
i put it back on them and let them know the deal. yesterday a prospect wanted $136 of halls cleaned. then they remember that i have to list them as Additional Insured. after a lot of irritation i call her back and say the best i can do is if her company pays for half of the $250 it'll cost me. so i'd still have to pay $125 out of my pocket to the Insurance Co., and then i bill her (the Client) $261. she declined.
any one else have to pay this silly fee for adding Client's to the Additional Insured list?
anyone else come across 1 or 5 prospects per year that will give you the $400 job but you are required to add them to your policy as Additional Insured?
costs me about $250 for each company i add to my Additional Insured list
i put it back on them and let them know the deal. yesterday a prospect wanted $136 of halls cleaned. then they remember that i have to list them as Additional Insured. after a lot of irritation i call her back and say the best i can do is if her company pays for half of the $250 it'll cost me. so i'd still have to pay $125 out of my pocket to the Insurance Co., and then i bill her (the Client) $261. she declined.
any one else have to pay this silly fee for adding Client's to the Additional Insured list?