A Better Way to Track Sub Insurance
Collecting, reviewing, and validating subcontractor insurance policies can be an administrative challenge for GCs with a packed schedule. That’s why we offer Subcontractor Policy Management through Docutrax. As a leading verification and document management company, Docutrax takes on the burden of managing all your subcontractor policies—giving you time to focus on the build at hand.
Who’s it for?
Luxury Home Builders and Remodelers, Specialty Trade Contractors, and MetroBuilders who are too busy to manage their subcontractor insurance and want to delegate the task to professionals who can help ensure proper coverages are in place.
Why would you use it?
When you’re working on a construction project with a discerning client, the last thing you need is inadequate sub coverage that could impact site safety, damage your reputation, or cost you time and money. Docutrax helps improve compliance by tracking and reviewing all your subcontractor policies so you always know where your subs stand:
- Collects and tracks subcontractor policies, insurance certificates, endorsements, and agreements
- Reviews compliance of specific insurance coverages, exclusionary language, expiration dates, additional insured language and endorsements, and waivers of subrogation
- Can identify the following exclusions: third-party over action, subcontractor/employer injury, height limitations, residential exclusions, and designated ongoing operations exclusion
- Identifies gaps in subcontractor coverage for the hired scope of work
- Tracks and notifies upcoming renewals to verify that subcontractors’ renewal coverages are compliant
- Real-time status and reporting through a 24/7 online portal
- Timely and responsive communications
How do you get it?
Since every construction project has unique needs, we made sure Docutrax offers scalable pricing for its Subcontractor Policy Management service to fit the needs of varying GC budgets. Contact your agent to enroll.