Magnolia Construction requires that subcontractors provide us with a Certificate of Insurance that names us as “additional insured.” Listed below are the minimum requirements for coverage:
All Subcontractors:
General Liability: $500,000
Automotive Liability: 100/300/100
Workers Compensation: $500,000
Subcontractors that are working on New Construction:
General Liability: $1,000,000
Automotive Liability: $1,000,000 is acceptable
Workers Compensation: $1,000,000
Please review the Sample Insurance Certificate listed below along with other common documents for subcontractors:
Sample Insurance Certificate
NC Sales and Use Tax
Conditional Final Lien Waiver
Conditional Partial Lien Waiver
Unconditional Final Lien Waiver