Contractors face myriad liability exposures—and the commercial general liability policy is unique in how it handles those exposures. It is important for agents to understand the different ISO endorsements that may be added to a contractor’s policy and to be aware of the nonstandard endorsements that insurance companies use. Often, these endorsements take away some of the coverage a contractor expects to find under its CGL.
These endorsements include those that limit coverage to a particular operation or to certain general-liability classifications. Did you know that residential exclusions can cause problems on a CGL policy? And that cross-liability exclusions can create many issues? It’s imperative to understand the Separation of Insureds Condition in the CGL, and how limiting coverage in this area can be a problem for the contractor.
And, let’s not forget about subcontractors—general contractors often are left exposed because their coverage can be contingent upon the type of contract that’s in place and the kind of coverage their subcontractors have.
You can learn about all of these issues (and more) when you attend Contractors: Commercial General Liability Coverage Issues, taught by Cathy Trischan, CPCU, CIC, CRM, AU, AAI, CRIS, ARM, MLIS, TRIP, on Wednesday, April 7, 2021, from 9 a.m.-noon. This class has been approved for continuing-education credits.
For more information, or to register for this class, log on to the PIA Northeast education schedule.
Cathy Trischan
Cathy Trischan, CPCU, CIC, CRM, AU, AAI, CRIS, ARM, MLIS, TRIP, is the director of commercial underwriting at the E&K Insurance Group in Eatontown, N.J. She is a regular speaker for PIA Northeast and in The National Alliance’s CIC, CISR and Ruble programs.
