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Listing ID:116073
Title:General Liability
Description:Auto Liability Insurance: Most construction contracts also require automobile liability insurance. The standard business auto coverage form is sufficiently broad to cover most of the types of exposures of concern to contracting parties, including contractual liability arising out of the use of an automobile. (Although the CGL policy provides contractual liability coverage, it excludes liability arising out of the use of an auto.) Most contractors should include Hired and Non-Owned Auto. Non-Owned & Hired auto liability covers bodily injury and property damage caused by a vehicle you hire (including rented or borrowed vehicles) or caused by non-owned vehicles (vehicles owned by others, including vehicles owned by your employees). It usually does not pay for physical damage to the vehicle itself; that's covered by the owner's insurance. Although this option is sometimes available. Whether you realize it or not, as a business owner, you at least occasionally find yourself in situations where this coverage is needed. Errands and rental situations always come up.
Category:Top » Arts » Architecture
Owner Name:asiskumar
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