Sentences with phrase «operation coverage»

Such claims may be insured by your general liability policy under products - completed operations coverage.

When a building contractor goes out of business, the owner will need discontinued operations coverage only for the time period during which suits are permitted by state law.

From high risk auto insurance to homeowners insurance to complicated trucking operations coverage should be available.

If there is no completed operations coverage, then the additional insured is not covered for construction defects after the job is complete.

Don't confuse discontinued products and operations coverage with an extended reporting period (ERP).

Discontinued products and operations coverage normally applies on an occurrence basis, so tail coverage is not relevant.

The premium charged for discontinued products and operations coverage falls over time as well.

Discontinued products and operations coverage protects you against lawsuits that arise after your company has gone out of business.

You must have and maintain general liability insurance with complete operations coverage, broad form contractual liability coverage, property damage all with current minimum limits of $ 1,000,000 per person and $ 1,000,000 per occurrence, $ 3,000,000 in the aggregate, and other insurance in the types and amounts as we may require or as required by law.

If you are thinking about closing your business, you should discuss discontinued products and operations coverage with your insurance agent or broker before your company ceases operations.

Michael Melendez discusses the first published opinion of a California appellate court that directly addresses whether the ongoing operations limitation in additional insured endorsements precludes completed operations coverage.

For the first year of discontinued products and operations coverage, your insurer might charge, say 25 % of $ 30,000 or $ 7,500.

Coverage after a project is completed is known as «completed operations coverage.»

For example, if you operate as a car hauler and you store the vehicles you tow, you may need garage and operations coverage to protect your trailers against vandalism, theft or severe weather damage.

Such injuries are covered by products - completed operations coverage, which is included under Coverage A.

Contractors: Provides contractor liability coverage, damage to other's property, business auto, coverage for property loss, contractor tools / equipment, builder's risk and installation, worker's compensation, completed operations coverage, contractor's errors or omissions.

Provides contractor liability coverage, damage to other's property, business auto, coverage for property loss, contractor tools / equipment, builder's risk and installation, worker's compensation, completed operations coverage, contractor's errors or omissions.