What does the general liability class code 99986 mean?

Answer 1

The general liability class code 99986 is typically used for businesses that do not fit neatly into standard classifications, often referred to as "miscellaneous" or "unclassified" risks. This code can apply to a wide range of businesses or activities that may not have a specific classification, making it a catch-all for unique or diverse operations. It's important for businesses assigned this code to accurately assess their risks and coverage needs, as it may not always reflect the specific nature of their activities. Always consult with an insurance professional for precise interpretations and implications.