Exception ledger
Sorted by severity, then by the contract value standing behind the finding. A rule either fires or it does not; there is no score and nothing is ranked by a model.
Umbrella limit is $5,000,000 against a required $10,000,000
Why it matters Excess limits are what respond to a serious injury or a structural loss. A short umbrella is the single most common way a subcontract's insurance exhibit is quietly not met.
Umbrella limit is $2,500,000 against a required $5,000,000
Why it matters Excess limits are what respond to a serious injury or a structural loss. A short umbrella is the single most common way a subcontract's insurance exhibit is quietly not met.
Additional insured endorsement is required by the subcontract and is not shown on the certificate
Why it matters Without additional insured status the owner has no direct right to the subcontractor's policy and must tender through indemnity, which is slower and contestable.
Certificate holder reads "Meridian Builders" rather than the contracting entity
Why it matters A certificate issued to the wrong entity does not put the contracting party on notice of cancellation and is evidence of coverage for someone else.
Workers compensation each-accident limit is $0 against a required $1,000,000
Why it matters Employer's liability limits below the subcontract requirement expose the owner to an action-over claim brought by an injured worker.
GL per-occurrence limit is $1,000,000 against a required $2,000,000
Why it matters The certificate on file carries a lower per-occurrence limit than the subcontract requires. The shortfall is uninsured exposure the owner assumed without agreeing to it.
Workers compensation each-accident limit is $500,000 against a required $1,000,000
Why it matters Employer's liability limits below the subcontract requirement expose the owner to an action-over claim brought by an injured worker.
Additional insured endorsement is required by the subcontract and is not shown on the certificate
Why it matters Without additional insured status the owner has no direct right to the subcontractor's policy and must tender through indemnity, which is slower and contestable.
State contractor license expired 41 days ago
Why it matters Work performed while unlicensed can be unrecoverable by the subcontractor and can expose the owner to permit and inspection problems.