Mike Zitek, the owner of Ragnar Group, has recently been featured in the latest edition of the Radon Reporter published by AARST. His article titled “The Top 3 Radon Insurance Questions Asked By Radon Contractor” provides valuable insights for radon contractors looking to understand radon insurance better. In the article, Mike Zitek addresses the three most common questions raised by radon contractors regarding their insurance coverage.
The first question delves into the importance of having General Liability, Pollution Liability, and Professional Errors & Omissions Liability. Mike stresses that comprehensive coverage is crucial because radon-related claims can take various forms. Having all three types of coverage ensures protection for both the contractor and their business.
The second question centers around radon measurement businesses questioning why they pay the same insurance premium as mitigators. Mike explains that insurance companies prioritize profits and cater to larger markets. Since the radon industry is relatively new and smaller in their eyes, it’s challenging to obtain specialized insurance products and rates for measurement and mitigation businesses.
Lastly, the third question, Mike tackles the issue of radon contractors winning bids from state/county/housing authorities and needing to comply with General Contractor (GC) insurance requirements. Meeting these requirements can lead to additional premiums, which contractors should be aware of. GCs’ insurance demands are usually tailored to structural subcontractors, and this can significantly impact the cost of the job for non-structural subcontractors like radon contractors.
Mike Zitek underscores the significance of understanding radon insurance to make informed decisions about coverage. He invites radon contractors to reach out for further discussions on these questions or any related topics.
By reading the full article, radon contractors can gain a comprehensive understanding of the common insurance queries and obtain practical advice from a knowledgeable Radon Insurance Agent like Mike Zitek. For more details and insights, I encourage you to check out the complete article in the Radon Reporter at https://aarst.org/TheRadonReporter/Radon-Reporter-2023-Issue-1/30/index.html