Tag: Contractor Certificate of Insurance
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Subcontractor’s Warranty Endorsement
Those who are contractors, construction companies, maintenance companies, or other companies that use subcontractors may encounter “Subcontractors’ Warranty Endorsement” on their Commercial General Liability policies. This endorsement requires contractors to obtain additional insured status on the CGL policy of their subcontractors and to make their policies secondary to their subcontractor’s. In addition, contractors may face…
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In the construction industry, what does an “Additional Insured” do and what is the “Additional Insured Endorsement”?
Many construction contracts require contractors to sign pages containing detailed insurance requirements, coverages, and minimum dollar amounts. Review any contract’s insurance requirements carefully before signing to ensure that your current insurance complies with the contract’s requirements, including coverage types and financial limits. Your contractor insurance specialist is a great resource for help in this regard,…