USX Corp. v. Liberty Mutual Insurance

645 N.E.2d 396 | Appellate Court of Illinois | 1994

enforcedCited 8 timesSTANDARDTexas
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What This Case Means for Subcontractors

USX, a steel subcontractor, promised to self-insure instead of buying traditional insurance and naming the general contractor as an additional insured. The Illinois court ruled that self-insurance is just a private promise to pay for losses, not actual insurance. This means a subcontractor's self-insurance promise cannot replace the insurance requirements in a contract—the general contractor loses the protection of being named on a real insurance policy.

Key Takeaways

  • Never offer self-insurance as a substitute for traditional insurance policies. Courts will not enforce it as a valid insurance arrangement.
  • If you want to self-insure, get it approved in writing before signing the contract and understand you're making a personal indemnity promise, not providing insurance coverage.
  • General contractors will not accept self-insurance in place of named additional insured status on real policies. Expect to buy actual insurance or lose the job.

Self-insurance is in fact a mere private promise to indemnify.

Appellate Court of Illinois, 1994

Frequently Asked Question

Can I promise to self-insure instead of buying insurance for my subcontract?

No. Illinois courts treat self-insurance as a personal promise to pay losses, not actual insurance. Your general contractor won't be protected as an additional insured, and the contract requirement for insurance won't be satisfied. You must purchase a real insurance policy or renegotiate the contract terms before signing.

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