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Showing posts with the label policy

A Vehicle Policy is a Must for Company-owned Vehicle Operation

Contractors have many options when it comes to establishing vehicle policies for their business. They may choose to allow employees to take vehicles home or they may decide that vehicles are for business use only and must be locked in at the office each night. There is not one set policy that works for every roofing contractor, but no matter which type of policy you choose to implement, it’s important to have one in place.  Your business can be legally liable if you allow a bad driver on the road. If you fail to take reasonable steps to determine that the driver is qualified to drive one of your vehicles and he or she causes an accident, you could be liable under negligent entrustment. A negligent driver may also damage the company vehicle or incur a ticket, fine, or penalty that costs your business money and/or increases your insurance premiums. Get started by spelling out the basics of your policy, which might include: Requiring employees to have a valid driver’s license a...

Conditions Precedent to Insurance Policy Payment

Homeowner’s claim for breach of contract was unsuccessful against an insurer because homeowner failed to meet certain conditions precedent to payment under the policy.  The homeowner failed to submit to an examination under oath and provide requested documents that reflect the amount of the claimed loss.   Edwards v. State Farm , 2011 WL 2496625 (Fla. 3d DCA 2011). Trenton H. Cotney Board Certified in Construction Law Trent Cotney, P.A. 1207 N Franklin St, Ste 222 Tampa, FL 33602 (813) 579-3278 www.trentcotney.com