Posts by Insurance News Editor
Early COVID-19 Liability Suits Raise Employment Practices Liability Insurance Issues
The COVID-19 pandemic has forced employers across the country to rapidly make numerous and significant decisions about how to manage their business in this unprecedented time. Employers have had to quickly develop and implement policies and procedures addressing remote work, layoffs, furloughs, pay cuts, workplace conditions, and a host of other issues. Not surprisingly, we’re…
Read MoreWhat Is Blanket Additional Insured Endorsement?
A blanket additional insured endorsement is an insurance policy endorsement that automatically provides coverage to any party to which the named insured is contractually required to provide coverage. A blanket additional insured endorsement is most commonly found in liability insurance policies, though it is typically not a feature of the policy language. KEY TAKEAWAYS A blanket additional…
Read MorePitfalls of Additional Insured Endorsements
Looks can be deceiving when it comes to additional insured endorsements. They may not be as broad they seem. Many contain exclusions or limitations that aren’t apparent until a loss occurs. Here are some pitfalls to watch out for if your business is covered, or is covering another party, under a liability policy as an additional insured. Ongoing Operations One…
Read MoreIN: What are Additional Insured Endorsements in Construction?
Dear Valued Customer, This month “—————” reports on “Contractors additionally insured endorsements.” Additional insured means anyone beyond the policyholder who is covered by the policy. This coverage could be provided for a single event, or for the lifetime of the policy. An additionally insured endorsement can be provided to an individual or a group with…
Read MoreAdditional Insured Endorsements in Construction
To get on a job, contractors often have to show proof of insurance and name the individuals hiring them as additional insureds on the contractors’ commercial general liability (CGL) policies. By doing this, the individuals hiring the contractors hope that the additional insured endorsement will defend them in case they get sued for something relating…
Read MoreIN: How Can I Save Money On My Home Insurance?
Dear Valued Customer, In this issue of the “———————“ we focus on how you can save money on your home insurance. There are smart ways to save on home and auto insurance; however, there are also mistakes that can result in being dangerously underinsured. Mistakes like: 1. Insuring a home for its real estate value…
Read MoreFive Insurance Mistakes To Avoid & Still Save Money
Avoid these pitfalls when buying auto, home, flood and renters insurance. Saving money feels good. And shopping around when you’re looking for insurance coverage is a great way to do it. However, simply reducing your coverage or dropping important coverages altogether is like diet without exercise—focused only on numbers, not on results. Don’t risk ending…
Read MoreHow Much Homeowners Insurance Do I Need?
If disaster strikes, you’ll want enough homeowners insurance to rebuild the structure of your home, to help replace your belongings, to defray costs if you’re unable to live in your home and to protect your financial assets in the event of liability to others. Use these guidelines to help determine the coverage and amounts you…
Read MoreHome Buyers Insurance Guide
14 Things to consider before you sign on the dotted line Shopping for your dream house? There are many considerations when looking at real estate, like property taxes, school district, the appeal of the neighborhood—and, of course, the bottom line. Don’t overlook the financial implications of homeowners insurance as part of your overall investment. Use…
Read MoreFive Insurance Mistakes To Avoid… And Still Save Money
Avoid these pitfalls when buying auto, home, flood and renters insurance. Saving money feels good. And shopping around when you’re looking for insurance coverage is a great way to do it. However, simply reducing your coverage or dropping important coverages altogether is like diet without exercise—focused only on numbers, not on results. Don’t risk ending…
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