Brief presentation about why New York contractors pay 10X what similar contractors pay in other states.

1. GRBMTHE CONTRACTORS INSURANCE AGENCY
Why Is New York
Contractors
Liability So
Expensive?
Written By Rob McCarthy

2. WORKER
SAFETY
GEAR
GRBM
Insurance is 1000% more expensive but
construction costs are typically only 55%
more than other states.
New York contractors typically pay 10X what
contractors in other states pay for general liability
insurance.
In 1885 New York passed laws designed to protect
the workers on skyrise projects. This was long
before Workers' Compensation laws were passed.
Overtime the 1885 law has been interpreted to
hold contractors to a near impossible standard. In
short making the construction company financially
responsible for injured workers even if the
employee is the primary cause of the injury. The
only way off the hook is to prove the employee was
100% responsible. Which is nearly impossible!
10X
WHY
TIPS TO SAVE ON LIABILITY INSURANCE
OSHA
TRAINING
AVOID
NYC
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INSURANCE
CARRIER
COOPERATION

3. GRBM w w w . G R B M I N C . c o m
IF THIS LAW IS DRIVING UP INSURANCE COSTS
WHY IS IT STILL IN EFFECT?
TRIAL LAWYERS
A quick google search shows tons and tons or lawyers advertising for scaffold law
cases. Some even claiming an honor of "New York Magazine Top Settlements."

4. GRBM w w w . G R B M I N C . c o m
IS THERE ANYTHING I CAN DO?
YES!
Contractors need to get involved and let the state know that something needs to
be done. Insurance premiums shouldn't be driving your out of business.
HOW CAN I GET INVOLVED?
Reach out to your state representatives, and let them know you don't support
scaffold law 240.
Encourage your friends in the construction industry to do the same.
Support http://www.scaffoldlaw.org/ and the effort to amend the law.

5. GRBM
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THANK YOU!