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Q: Does a fictitious name need to be shown as a named insured on a General Liability policy?
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What is an insured contractor?

An insured contractor is a contractor who carries a Commercial General Liability Insurance Policy.


Does a builders risk policy provide liability?

It depends if the builder's risk policy is just for property or for property and liability. You can have a builder's risk policy, which includes general liability. If the insured is owner of the building, the general liability exposure is the cost of the project and will classes under subcontractor.


What does general liability cover?

The amount of coverage and the specifics of coverage will vary from policy to policy. In general liability insurance will cover damages to individuals or entities other than the insured individual. For example, in auto insurance liability insurance will provide for individuals injured in an accident excluding the policy holder.


What does general liability insurance cover?

The amount of coverage and the specifics of coverage will vary from policy to policy. In general liability insurance will cover damages to individuals or entities other than the insured individual. For example, in auto insurance liability insurance will provide for individuals injured in an accident excluding the policy holder.


Who is a professional when referring to the exclusion under a commercial general liability policy for professional fees?

The "Professional",, would be the person or entity "Insured" under the contract.


Can a named insured be an excluded driver on an automobile liability policy in New Mexico?

A named insured person can be an excluded driver on an automobile liability policy in New Mexico, if the policy holder wishes to remove a driver from the policy. The policy holder will have to notify the insurance company to make the changes.


What is a Liability Policy?

Broadly, a liability insurance policy provides a source of recovery for a third party who or which is injured or sustains monetary damages due to the negligent act or omission of the insured. The corollary is that a liability inurance policy provides protection to the insured for the risk of financial loss to a third party as a result of the insured's negligence. Assuming that tje damages sustained by the third-party results from a covered cause of loss, the policy will answer for the damages which would otherwise payable by the insured, up to the coverage limit. That is, there may be some amount that the insurer will not pay if that amount exceeds the policy limits.Another very important benefit of a liability policy is that if the insured is sued for an occurrence that is covered by the policy, the insurer will hire a lawyer, at its own expense, to defend the insured, and will pay costs related to that defense. In some forms of liability policies, such as professional liability policies (those issued to physicians, lawyers and some other categories of professionals), the amount paid by the insurer toward the conduct of the defense reduces the amount available for the indemnity payment.


Do you have to provide a copy of your insured's liability policy to a claimant's attorney when requested in Ohio?

You don not have to provide a copy of your liability policy when requested. You only have to provide the policy if a court or judge requests it.


Is additional insured the same as insured as used in a business income coverage policy?

An Additional Insured is only used for General Liability coverage. Since Business income is a property coverage, they would not be insured. Also, business income is designed to pay for loss of income to the insured, not lienholders, or contractors they are performing jobs for.


A general liability policy has fire legal liability does this provide any of the property perils say hail or wind damage to the building or space the insured is occupying?

No, the coverage would only apply for losses as a result of a fire.


Can you extend liability ins to vacation home in fl?

If both properties are insured under the same policy, Yes. If each property is insured separately under a different policy then you will need to contact the insurer of the pertinent property to address liability coverage issues.


Why can't you name and additional insured on Workers Compensation?

Because this form is designed for general liability policies because the insurer is obligated to defend and indemnify that additional insured in accordance with the policy terms and conditions. Generally, the insurer remains obligated to fulfill its obligations under the policy even if the additional insured's negligence is the sole cause of the liability for which damages are being sought. Insurers, however, always try to limit their exposure as to additional insureds and the intent is not to cover other company's employees. Coverage for those employees should be provided by their employer and most General Liability specifically exlude coverage for employees.