When entering into a new vendor contract, it is important to understand any insurance requirements. Typically, contracts will require that their contractors provide evidence of adequate and appropriate insurance coverage in the event of an unforeseen loss or claim. It is critical to ensure that the necessary coverage is provided prior to signing any agreement, as failure to do so can leave both parties in a bind. To avoid any issues just shoot over a copy of the insurance requirements to your agent and we will double, triple, quadruple check your requirements and make sure you are able to make the vendor requirements work!
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