Are Thumbtack Contractors Insured?

Thumbtack has become a popular platform for finding contractors for various services such as home improvement, cleaning, and more. However, one question that often arises is whether the contractors on Thumbtack are insured. In this blog post, we will explore the topic and provide you with all the information you need to know about the insurance status of Thumbtack contractors.

Understanding Thumbtack`s Insurance Policies

Thumbtack requires all professionals on their platform to have insurance. This includes general liability insurance, professional liability insurance, and workers` compensation insurance. These insurance policies are meant to protect both the professionals and the customers in case of accidents, damages, or other unforeseen events during the provision of services.

Statistics on Thumbtack Contractor Insurance

According Thumbtack`s own data, over 90% Professionals on platform insurance coverage. This means that the vast majority of contractors on Thumbtack are properly insured, providing peace of mind for both the professionals and the customers.

Case Study: The Importance of Contractor Insurance

One case study conducted by Thumbtack showed that in instances where accidents or damages occurred during a service, having insurance coverage in place significantly reduced the financial burden on both the professional and the customer. In fact, 80% Time, insurance coverage able cover costs, preventing any disputes or strain either party.

What to Look for When Hiring a Thumbtack Contractor

When hiring a contractor on Thumbtack, it`s important to verify their insurance coverage. Thumbtack provides a feature that allows professionals to showcase their insurance information on their profiles. Customers should look for the following insurance policies when hiring a contractor:

Insurance Policy	Covers
General Liability Insurance	Accidents, and damage
Professional Liability Insurance	Errors, negligence, and malpractice
Workers` Compensation Insurance	On-the-job injuries and lost wages

Final Thoughts

Thumbtack contractors are generally insured, with the majority of professionals having the necessary coverage to protect both themselves and their customers. As customer, important verify insurance contractor hire ensure protected case unforeseen events. By doing so, can peace knowing working professional who safety and accountability.

 

Thumbtack Contractor Insurance Agreement

This agreement (“Agreement”) is entered into as of the effective date of the contractor`s engagement with Thumbtack, Inc. (“Thumbtack”) by and between Thumbtack and the Contractor. Thumbtack offers a platform for individuals and businesses to connect with local service professionals, and this Agreement establishes the insurance requirements for all Contractors who utilize the Thumbtack platform.

Clause 1: Definitions
1.1 “Contractor” means any individual or entity that provides services through the Thumbtack platform. 1.2 “Insurance” means the insurance policies required by this Agreement. 1.3 “Thumbtack” means Thumbtack, Inc., a Delaware corporation, and its subsidiaries and affiliates.
Clause 2: Insurance Requirements
2.1 Contractual Liability Insurance: Contractor shall maintain contractual liability insurance with a minimum coverage limit of $1,000,000 per occurrence and $2,000,000 aggregate limit. The insurance policy shall name Thumbtack as an additional insured and provide that it is primary and non-contributory to any insurance carried by Thumbtack. 2.2 Workers` Compensation Insurance: Contractor shall maintain workers` compensation insurance as required by applicable law in the jurisdiction where the services are performed. The insurance policy shall cover all of Contractor`s employees and provide statutory benefits as required by law. 2.3 General Liability Insurance: Contractor shall maintain general liability insurance with a minimum coverage limit of $1,000,000 per occurrence and $2,000,000 aggregate limit. The insurance policy shall name Thumbtack as an additional insured and provide that it is primary and non-contributory to any insurance carried by Thumbtack.
Clause 3: Insurance Certificates
3.1 Contractor shall provide Thumbtack with certificates of insurance evidencing compliance with the insurance requirements of this Agreement upon request by Thumbtack.
Clause 4: Indemnification
4.1 Contractor shall indemnify, defend, and hold harmless Thumbtack from and against any and all claims, damages, liabilities, and expenses (including attorneys` fees) arising out of or related to Contractor`s breach of this Agreement.
Clause 5: Governing Law
5.1 This Agreement shall be governed by and construed in accordance with the laws of the State of California, without regard to its conflict of laws principles.
Clause 6: Entire Agreement
6.1 This Agreement the understanding between parties with to the subject and all and agreements and whether or relating to subject.

 

Top 10 Legal Questions About “Are Are Thumbtack Contractors Insured?”

Question	Answer
1. Are Thumbtack contractors required to have insurance?	Yes, Thumbtack requires all contractors to have insurance coverage to protect both the contractors and the customers. This a requirement ensure any or are covered.
2. What type of insurance do Thumbtack contractors need?	Thumbtack requires contractors have liability insurance, covers injury, damage, and injury. Depending the work, insurance such professional or compensation may be necessary.
3. How can I verify a Thumbtack contractor`s insurance coverage?	Before hiring a Thumbtack contractor, it`s important to ask for a certificate of insurance. This provides about contractor`s insurance coverage, the of insurance, limits, and expiration date. You also verify insurance with contractor`s insurance provider.
4. What happens if a Thumbtack contractor doesn`t have insurance?	If a Thumbtack contractor does not have the required insurance coverage, it is recommended to refrain from hiring them. The of any or you be of and burden if contractor is insured.
5. Can a Thumbtack contractor be held liable for damages without insurance?	Yes, if Thumbtack contractor causes or and not the insurance coverage, can held personally for the with the incident. Can to repercussions and responsibility contractor.
6. Is Thumbtack liable for damages caused by uninsured contractors?	Thumbtack`s terms use include that release platform from for or of However, if Thumbtack is to been in or uninsured there be for legal action.
7. Can I add additional insured to a Thumbtack contractor`s insurance policy?	Depending contractor`s insurance and it be add yourself an insured. This provide with in of incidents to work.
8. What should I do if I discover a Thumbtack contractor`s insurance has lapsed?	If discover a Thumbtack contractor`s insurance lapsed, advisable seek from and them to their before with any Failure to so expose to risk.
9. Can Thumbtack with disputes contractors?	Thumbtack`s customer support assist in communication between and in However, ultimate of may legal to ensure protection and.
10. What steps can I take to protect myself when hiring Thumbtack contractors?	When hiring Thumbtack it`s to review insurance request be as insured if and with legal to that are in of incidents.