Renovating--Outside Surfaces of Buildings

What Does GL Code 98640 Cover?

ISO GL class code 98640 specifically covers contractors engaged in renovating the outside surfaces of buildings, including activities such as exterior painting, siding replacement, stucco application, window and door installation, and roof repair or replacement. This code applies to operations that primarily focus on enhancing or restoring the external appearance and structural integrity of existing structures. It encompasses the general liability exposures associated with on-site work, property damage, and potential bodily injury to third parties during renovation projects.

Who Uses This Class Code?

Businesses that fall under this code include exterior painting contractors, siding installation companies, stucco and EIFS applicators, window and door replacement specialists, and roofing contractors performing renovation work. General contractors overseeing projects focused solely on exterior building renovations would also be classified here. This code is for those whose primary work involves altering or improving the external facade of buildings.

Common GL Claims for This Class

Common GL claims for exterior renovation contractors include property damage caused by falling debris or tools, water intrusion due to improper sealing or flashing during window/siding installation, and bodily injury to pedestrians from scaffolding or construction materials.

Coverage Tips for Code 98640

• Ensure your policy includes coverage for 'Damage to Work Performed by Subcontractors' if you utilize other trades for parts of the renovation.
• Verify that your general liability policy has adequate limits for 'Completed Operations' coverage, as defects or issues often arise after the project is finished.
• Always obtain certificates of insurance from all subcontractors, ensuring they carry sufficient GL coverage and name your business as an additional insured.
• Be aware of Florida's strict building codes and permitting requirements for exterior renovations, as non-compliance can lead to significant liability.