When the policy is delivered, a long cover letter is included that delineates the important coverages included in the policy as well as warnings about what is not covered and what actions policyholders need to take if there are any changes in their circumstances. He also lets clients know how much rental income protection is included and the amount of personal liability protection. Admittedly, all this information is available in the policy, but having it spelled out simply and directly helps a lot. The letter also warns the policyholder of the importance of notifying Johnson if the dwelling ever becomes vacant. Another warning points out that personal property at the residence is not covered and advises the policyholder to purchase additional coverage if they have any personal property at the dwelling.
Workers compensation is another important area that is covered by the letter.
Many people don't even think about this when they hire someone to do repairs on their building. But it can be very important. If an uninsured contractor is injured because the person who owns the building would be responsible for the medical bills and salary continuation of the injured person. And this can be the case even if the contractor or subcontractor has their own workers comp coverage. It depends on the business structure of the contractor or subcontractor.