Depending on who the Customer is that your Prime Contractor is working for. Power companies want close to $10 mil. Don't be discouraged, the Umbrella Policies are inexpensive enough and if your present insurance carrier doesn't offer one, go to the Hartford. Yes, it can get expensive, but perhaps the pay scale on your contract is fair enough to help cover the costs.
Bottom line.....you have to match the insurance requirements on the contract, wether you're the prime or a sub of a sub. Good luck...at least you got a job to go to. Sucks to have all this insurance and no project to work.
Re: Anyone carry a 3 million GL policy
Member #: 2057
Registered: 1996-2001
Posted:
27
Name:
Carol A Larson
Name:
Carol A Larson
Company:
Telecommunictions Design & Management
Occupation:
Utility Field Data Collection
Location:
Nationwide, USA
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