Waterproofing--By Pressure Apparatus
Waterproofing contractors using pressure apparatus.
System
ISO
Code
99952
Basis
gross receipts
State
Florida
Florida Note: In Florida, waterproofing contractors may need to hold specific construction licenses depending on the scope and nature of their work, often falling under general contractor or specialty contractor categories. The state's high humidity and frequent heavy rains make robust waterproofing crucial, influencing market demand and carrier underwriting considerations.
What Does GL Code 99952 Cover?
ISO GL class code 99952 covers contractors specializing in waterproofing services performed using pressure apparatus. This includes operations such as injecting sealants, coatings, or other materials under pressure to prevent water intrusion in structures. The code classifies businesses primarily engaged in these specialized pressure-based waterproofing techniques for commercial and residential properties.
Who Uses This Class Code?
Businesses that fall under this code include specialized waterproofing contractors, concrete repair companies utilizing pressure injection methods, foundation repair specialists employing pressure-applied sealants, and building envelope consultants offering pressure-based moisture barrier solutions.
Common GL Claims for This Class
Common claims for pressure waterproofing contractors include property damage due to improper application leading to further water intrusion, damage to existing structures during the pressure injection process, and bodily injury from slips and falls on wet surfaces during or after work.
Coverage Tips for Code 99952
- Ensure your policy includes coverage for damage to property in your care, custody, or control, as waterproofing often involves working directly on client structures.
- Verify that your general liability policy explicitly covers completed operations, as water intrusion claims can emerge long after the waterproofing project is finished.
- Maintain meticulous records of all materials used, application methods, and project specifications to defend against potential claims of faulty workmanship.
- If utilizing subcontractors, always require them to carry their own general liability insurance and name your business as an additional insured to prevent coverage gaps.
Basis of Premium: Gross receipts
GL policies rated on gross receipts use your total annual revenue as the exposure base. Your carrier will apply a rate per $1,000 of gross receipts to calculate your premium. At policy expiration, your carrier will audit your actual receipts and adjust the final premium.
Get a GL Quote
We work with multiple admitted carriers to find the best GL rate for code 99952.
Get a QuoteCall (239) 323-0785Code Details
- Code
- 99952
- System
- ISO
- Category
- Contractors & Trades
- Basis
- gross receipts
- FWC Eligible
- Check with agent
Ready to Get Covered Under Code 99952?
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