Episode Details
Back to Episodes177 | General Liability Insurance & Subcontractors: What Most Business Owners Are Never Told
Published 6 months ago
Description
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In this episode, we break down how subcontractor choices affect your insurance costs, why certificates of insurance (COIs) matter more than you’ve been told, and how being named as additional insured can protect both your business and your cash flow.
In this episode we cover:
- What “additional insured” actually means (in plain language) and why it matters
- How missing or incorrect COIs can cause subcontractors to be reclassified as payroll during an audit
- Your real options when a subcontractor doesn’t have their own coverage
- Simple quarterly checks that prevent end-of-year audit shocks
- The questions you need to ask your insurance agent and your bookkeeper
- How to regulate your nervous system so you can ask these questions calmly and clearly
- Stepping fully into the CEO role without abdicating financial oversight
- Turning insurance and policy reviews into repeatable, low-drama operating habits
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