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Does the CG2010 1185 provide coverage for completed operations?
Wiki User
∙ 15y ago
The CG2010 11/85 edition has been INTERPRETED as providing completed operations coverage to the Additional Insured. Subsequent editions of the CG2010 have removed the "your work" verbiage and replaced it with "ongoing operations" which is intended to remove completed ops coverage for the additional insured. ISO does have endorsement available - the CG2037 - that specifically provides completed operations coverage to the additional insured and can be used in conjunction with the CG2010 later editions. These two forms provided essentially the same coverage the 11/85 edition does. However, not many insurance carriers are eager to provide the CG2037 endorsement.
Wiki User
∙ 15y ago
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Does the CG2010 1001 exclude completed operations?
The ISO form CG 2010 10/01 does not provide completed operations in Part A. Section II where it states "...but only with respect to liability arising out of your ongoing operations performed..." The ISO form CG 2037 10/01 would provide the completed operations coverage.
What liability problems arise with ISO form CG2110 1185 and why do insurance companies not like to use the form?
Hi Deborah here, you are thinking of the cg2010 1185 form. This form affords the additional insured status for completed operations as well as ongoing operations. Insurance company's don't like to have additional insured's for completed operations for the most part. The more recent versions of the cg2010 only offer addtional insured for ongoing operations; once the sub leaves the job site, the GC is no longer an additional insured on the policy. There is a different ISO form, CG 2037, which is solely for affording additional insured status for completed operations. If you have a new version of the 2010 and the 2037, it'svirtually the same as having the 2010 1185 version. Take care, DeborahCRIS
What are the implications of having a Contractual Liability Limitation endorsement - CG2139 - on a GL policy for a contractor?
Hi Deborah here, I am insurance broker with the CRIS designation specializing in contractors needs. I have a client who has had that same situation, here is the advise: The CG2139redefines the ‘Insured Contract’ to remove it’s f. point (page 13 of 16 on ISO CG0001 1001 .. is the version I have here handy.. that states an ‘Insured Contract’ is points a through f. ) Here, the f. point is basically a contract a sub would sign to work for a GC & it would include a hold harmless/indemnity agreement for tort and operations coverage. This hold harmless agreement would be worthless unless the sub is independently wealthy as his insurance company would not defend or indemnify or anything. So it can be bad for subcontractors to have this endorsement but worse for the GC’s if they were to enter into a normal business contract w/hold harmless et al with a sub who has the cg2139. Subcontractors with this endorsement need to work for GC’s that simply want to be named as additional insured on the subs’ policy. If there is no contract and the GC is named additional insured on the subs’ policy, that should be sufficient for the GC to be covered for operations and tort of the sub by the subs insurance company. If I have a client with the cg2139 in a GL quote, I just make sure to ask them if they are going to be signing a contract with a GC/developer et al and/or to let me know if they plan on it at any time in the future. If they say they won't enter into any contracts with a hold harmlessthen the cg2139 is irrelevant and being on the policy/quote is immaterial. I think insurance company’s issue this endorsement to limit the scope of work a contractor can do.They want to be sure it knows the entities it would be indemnifying ie AI endt cg2010 or equivalent. They don’t want their ‘little’ contractors getting out there and playing with the big kids without permission. ~ dmc 6-12-07 previously suggested by someone else: I suggest you to go the IIABA website. If you are a member, you can access the Virtual University, then go to "Ask an Expert" and ask your question. This is a great resource.
