Technical Knowledge

An agent insures a small general contractor that is considering performing work for a large local school system. The school is requesting that a clause be added to the certificate of insurance.

The endorsement protects an insured’s building and contents, including business property in a basement, while also providing coverage for business interruption/extra expense and costs associated with moving property to safety or removing debris.

What are the risks and advantages of insuring a commercial property with 100% coinsurance?

A client’s policy includes an endorsement which provides “blanket additional insured” status to the entity with whom they have a written contract, but the certificate holder still insists that the certificate of insurance must specifically list both it an

An insured was performing excavation work on a private residence and hit the septic tank, causing damage. The carrier is denying the claim because the insured did not contact a locator service prior to performing the work.

An insured is leaving her house in an employer-owned company car and backs into her fence. She files a claim with the business auto policy carrier, but the carrier denies it.

A burst city waterline causes water damage to the common area of a mall, which is insured under a proprietary Special Cause of Loss form. Can the carrier deny coverage based on the water exclusion?

An insured has an ISO CGL policy with additional insured forms attached, specifically listing the general contractor as an additional insured. Does a named insured need to be named in a claim to trigger coverage on the policy for the additional insured?

Is there any reason an individual would need the Drive Other Car endorsement if they also have a personal auto policy?

After a cat-heavy year, many commercial lines are gearing up for significant rate increases. But commercial excess isn’t necessarily one of them—which makes it a good time to have a conversation about changes in these insureds’ operations.