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additional insureds out of control


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Is anyone else seeing a rapid increase in the number of parties who what to be listed as "additional insureds"? The general contractor, the building owner, the building partners, the building property manager. Oh yes, and a round of subrogation waivers too please!

I can pay more money and get the "blanket" additional insured's for everyone like I'm sure many of you do, but it gets to be a gray area when some of these folks are people you do not have a written contract yet. Even with the blanket there is paperwork involved to make sure each of these parties actually qualifies for it as per your policy.

All this is driving up the costs for the end buyer. I know it's not limited to electric sign work, but it seems like people are asking for ALL work from ANYONE who does ANYTHING to be zero risk and to insure not just themselves but everyone else too.

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  • Board Patron

Is anyone else seeing a rapid increase in the number of parties who what to be listed as "additional insureds"? The general contractor, the building owner, the building partners, the building property manager. Oh yes, and a round of subrogation waivers too please!

I can pay more money and get the "blanket" additional insured's for everyone like I'm sure many of you do, but it gets to be a gray area when some of these folks are people you do not have a written contract yet. Even with the blanket there is paperwork involved to make sure each of these parties actually qualifies for it as per your policy.

All this is driving up the costs for the end buyer. I know it's not limited to electric sign work, but it seems like people are asking for ALL work from ANYONE who does ANYTHING to be zero risk and to insure not just themselves but everyone else too.

Welcome to the club my friend.

Everyone wants to be indemnified by everyone for everything. The question is then, who is going to pay for all of this?

Best of Luck going forward in the brave new world............

"Don't be afraid to see what you see" - President Ronald Reagan

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I don't have a problem with insuring risk. It is always there. But it seems as if ALL risk (even 2nd and 3rd-party negligence) is being transferred to contractors. If you can transfer risk you get lower insurance rates. But the person assuming the additional risks (that would be people like us) are paying higher rates.

As long as we can buy it, bill it, and people are willing to pay it I guess there is not much problem. But at some point it could make electric sign work seem so egregiously expensive that folks start looking at other advertising means that do not have such high costs.

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