How Protected Are You?
Here are some important facts that you should know.
Did you know that an Injured worker on your property without Workers Comp Insurance leaves you, the property owner, at risk?
- If workers on your property are not covered by an actual workers comp policy, the property owner’s have a liability exposure for: medical bills, lost wages, negligence lawsuits and legal expenses (Liability Insurance does NOT provide coverage).
- A workers’ certificate of exemption still leaves the property owners liable.
- Having your handyman sign a waiver does NOT protect the property owners.
- A handyman or “contractor” presenting that they are “Licensed & Insured” usually means they have only an occupational license and liability insurance. Using a contractor without a registered or certified contractor’s license is illegal and not having workers comp insurance leaves the property owner liable if a worker gets injured.
- Most Property Management Companies do not verify or have knowledge of these facts! This leaves the property owner completely liable if there is an accident.
Did you know that it is illegal work on your investment or rental properties without using a licensed contractor?
Florida Statutes, Chapter 489.103
"I understand that I may build or improve a one-family or two-family residence or a farm outbuilding. I may also build or improve a commercial building if the costs do not exceed $75,000. The building or residence must be for my own use or occupancy. It may not be built or substantially improved for sale or lease. If a building or residence that I have built or substantially improved myself is sold or leased within 1 year after the construction is complete, the law will presume that I built or substantially improved it for sale or lease, which violates the exemption.
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