Pile Driving--Building Foundation Only

What Does GL Code 98413 Cover?

ISO GL class code 98413 specifically covers contractors engaged in pile driving and foundation work for buildings only. This class applies to operations involving the installation of piles, caissons, and other deep foundation systems to support structures, excluding bridge or marine work. It classifies the specialized and high-risk activities associated with preparing stable ground for construction.

Who Uses This Class Code?

Businesses classified under this code include specialized pile driving contractors, foundation construction companies, and geotechnical firms focused solely on building foundation installation. This also encompasses operators performing drilling, excavation, and concrete pouring for structural support elements of buildings.

Common GL Claims for This Class

Common claims include property damage to adjacent structures caused by vibrations during pile driving, structural damage due to improper foundation installation, and bodily injury to workers or third parties on the construction site.

Coverage Tips for Code 98413

• Ensure your General Liability policy includes coverage for "Subsidence" or "Earth Movement" as standard policies often exclude damage caused by ground shifting due to pile driving.
• Verify that your policy's limits are adequate for potential property damage claims, as vibrations from pile driving can cause significant damage to adjacent structures.
• Always obtain certificates of insurance from any subcontractors, ensuring they carry sufficient GL coverage and name your company as an additional insured.
• Be aware of Florida's specific construction defect laws, which can extend liability for foundation work long after project completion; consider extended completed operations coverage.