If you have employees in the state of New Hampshire, you are legally required to secure workers’ compensation insurance, which provides coverage in the event of a work-related injury. However, business owners aren’t the only ones who must keep New Hampshire workers’ compensation considerations in mind. In fact, workers’ compensation insurance represents a crucial concern for homeowners as well as other types of property owners, especially when hiring others to work on their property.
From replacing floors to remodeling entire buildings, the need to hire a contractor to work on your property at some point in time is nearly inevitable. Whether it be a general contractor, engineer, architect or surveyor, it’s important to ensure that any type of contractor hired to work on your property has proper workers’ compensation insurance in place. Without this type of coverage, you could be held liable if the contractor sustains an injury while working on your property.
To eliminate this exposure, it’s crucial to require that any contractors working on your property present you with a Certificate of Insurance to prove that they have met the New Hampshire workers’ compensation coverage requirements. Before work begins, you should also have a signed written construction contract or service and maintenance contract with any and all contractors. To further protect yourself and your property in the event of a contractor’s injury, this contract should include an Insurance Requirements Agreement detailing the type of insurance coverage the contractors must obtain in order to complete work on your property.
Whether you require assistance on a large project or need to hire contractors for general maintenance and upkeep, it’s important to ensure that they have proper workers’ compensation insurance in place, and your independent insurance agent can help you accomplish this task. At Eaton & Berube, the protection of your property and other valuable assets is our priority, and our agents are here to assist you with any New Hampshire workers’ compensation concerns or questions you may have.
For additional information, or to get a free New Hampshire workers’ compensation insurance quote for your business, please contact us or submit our online quote form.