Important Information for Contractors

Insurance Claims / History

Legitimate insurance claims that are material should be made so that our clients receive funds to compensate them for damages sustained. On the other hand, it is important to realize that questionable insurance claims can result in a contractor paying higher insurance rates for many years because denied claims can result in an "insurance history report" that attaches to the client for many years. Not even changing insurance companies will result in the elimination of an adverse insurance history because each new insurance company checks with the last insurance company regarding its history of claims.

Certificate of Insurance

A Certificate of Insurance is a document used to provide information on specific insurance coverage. The certificate provides verification of the insurance and usually includes information on the types and amounts of coverage, the name of the insurance company, the policy number, the names insured, and the policies' effective periods. Clients nearly always request a certificate of insurance from contractors.

Additional Insured Status

Additional Insured Status is often required by clients of contractors. It is created by the means of an endorsement to the contractor's liability policy and provides protection to the client if the contractor is named as a defendant in a lawsuit.

Union America
Insurance Agency

A California Corporation

5776 Lindero Canyon Road, Suite D-482
Westlake Village, CA 91362
Direct: 818-292-2118  Office: 818-991-0091
License # 0K01653