Siding Installation

What Does GL Code 98967 Cover?

ISO GL class code 98967 covers contractors primarily engaged in the installation, repair, or replacement of exterior siding on residential and commercial buildings. This class encompasses operations involving various siding materials such as vinyl, wood, fiber cement, and metal, and addresses general liability exposures arising from property damage and bodily injury during installation.

Who Uses This Class Code?

Businesses that fall under this code include residential siding contractors, commercial siding companies, exterior renovation specialists focusing on siding, and general contractors who self-perform siding work. This also applies to individual siding installers and small businesses specializing in exterior cladding.

Common GL Claims for This Class

Common claims for siding installers include property damage to the structure during installation (e.g., puncturing pipes or electrical wires), bodily injury to third parties from falling debris or tools, and water intrusion claims due to improper flashing or sealing.

Coverage Tips for Code 98967

• Ensure your policy includes adequate coverage for 'Damage to Work Performed by Subcontractors' if you utilize third-party labor, as standard GL policies often exclude this.
• Verify that all subcontractors carry their own General Liability insurance with limits equal to or greater than yours, and require them to name your business as an Additional Insured.
• Be aware of potential audit exposure related to gross receipts; maintain meticulous records of all income to avoid unexpected premium adjustments.
• In Florida, ensure compliance with local building codes and obtain all necessary permits for siding projects, as non-compliance can lead to coverage disputes in the event of a claim.