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Nesgroup address: alt.building.construction - Date & Time for the message: Fri, 12 Aug 2005 20:42:55 GMT
/ Author of the message: Andy Asberry |
Title of the message: |
Re: Are these normal issues with contractor's agreement?
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Text of the message: |
On Tue, 2 Aug 2005 12:52:59 -0400, "Carolina Breeze HVAC" <steve@carolinabreezehvac.com> wrote: >> >> "20. THE COMPANY'S MONETARY DAMAGE LIABILITY FOR ANY CLAIM OF PROPERTY >> DAMAGE >> ARISING OUT OF THE COMPANY'S PERFORMANCE OR NON-PERFORMANCE OF THIS >> AGREEMENTSHALL NOT EXCEED THE TOTAL AGREEMENT AMOUNT." > > >And you checked to see if he had insurance right? What that clause is >stating as I read it, as a contractor, that if you sue, and you already >sound like one that would, HIS outlay of liability isnt going to be more >than the amount you agreed to. >His INSURANCE company on the other hand, isnt listed, and THATS what >insurance is for. I believe you are mistaken here. His insurance company's only obligation is to him, not you. They are only liable for what he is judged liable for. And that has been limited by this clause. Someone else's insurance company doesn't owe you squat until you have |
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Estaplace.com is one the Ceglia Giovanni projects, started on 20 July 2005, and online since 20 August as a real estate platform for listings, mainly operating on the Italian and American/English market in the Internet, Estaplace would like to become the point of referiment for home sellers and home buyers, a site where private owners or real estate agencies can have the possibility to show their offers to the world. Estaplace.com is only one of the Giovanni Ceglia's sites. Everyday Giovanni Ceglia works to improve new Internet tools and services for online marketing and business. Estaplace.com will become the biggest portal for real estate business and investments online.