Certificate of Insurance Requirements for Greenville General Contractors
Greenville general contractors typically require every subcontractor to deliver a Certificate of Insurance showing $1,000,000 per occurrence and $2,000,000 aggregate general liability, $1,000,000 commercial auto, statutory South Carolina workers compensation, and additional-insured wording naming the GC, before the sub can start work on a Greenville job site. SC contractor licensing also requires minimum $100,000 GL for fire sprinkler contractors per SC Code 40-11.
What limits do Greenville GCs require on a subcontractor COI?
Most Greenville general contractors require subs to carry $1,000,000 per occurrence and $2,000,000 aggregate general liability, $1,000,000 commercial auto, $1,000,000 employer's liability inside the workers comp policy, and statutory workers comp in South Carolina. Larger commercial GCs working on hospital, school, or BMW Manufacturing projects sometimes require $5 million umbrella excess on top of those limits.
What does additional insured mean on a Greenville subcontractor COI?
Additional insured means the general contractor is added to the subcontractor's liability policy and protected if a claim is brought against the GC because of the sub's work. Greenville GCs usually require both ongoing operations and completed operations additional-insured wording (ISO forms CG 20 10 and CG 20 37 or equivalent). Without this wording, the COI will be rejected at most Greenville sites.
Does South Carolina require workers compensation on a Greenville job site?
South Carolina requires almost every employer with four or more employees to carry workers compensation, including subcontractors. On Greenville commercial sites, the GC will require statutory workers comp on every sub regardless of headcount because the GC is otherwise exposed to the sub's injuries. Sole proprietors who waive coverage in writing through the SC Workers' Compensation Commission can sometimes work without it.
What is a waiver of subrogation on a Greenville COI?
A waiver of subrogation means the subcontractor's insurance company gives up its right to seek reimbursement from the general contractor after paying a claim. Greenville GCs require waiver of subrogation on general liability and workers comp so that a sub's injured employee cannot drive the sub's insurer to sue the GC. Most South Carolina commercial policies allow waivers for a small additional premium.
How quickly can a Greenville subcontractor get a COI issued?
Through an independent agency in Greenville, a Certificate of Insurance can usually be issued same day if the underlying policy is already in force and the additional insured and waiver of subrogation endorsements are already on the policy. If new endorsements are needed, expect 1 to 3 business days for the carrier to process. The Morgano Agency handles COI requests at /coi-request/ for active clients.
About The Morgano Agency
The Morgano Agency Inc is an independent insurance agency in Greenville, South Carolina, founded in 1998 by Vic Morgano. The agency compares rates from multiple carriers including Travelers, Liberty Mutual, Progressive, Hartford, Safeco, and Hagerty for families and businesses across Greenville County and the Upstate. Visit our contractor insurance page or call (864) 609-5285 for a quote. Find the agency on Google Maps.