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On an occurrence based policy if insured sales his commercial property 11012002 and a liability claim is reported 152007 for a slip fall that took place on 5-15-02 would there be coverage under the l?
Wiki User
∙ 16y ago
This question cannot be answered, because the policy period is unknown in this story problem. In an occurence based liability policy, the insurance will pay on all claims that were caused by events that orrurred during the policy period regardless of when the claims are made. The date that the property was "sold" is immaterial to the question.
Wiki User
∙ 16y ago
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Does Foreign Commercial General Liability include Foreign Business Auto Liability?
It can be, but it just depends on the extent of coverage you purchase. Commercial Auto is not automatically included with Commercial General Liability. If you purchase the Commercial Auto coverage along with the Commercial Liability then you will have the coverage. If you purchase only the commercial General Liability then you won't have coverage for commercial auto.
Does a commercial general liability policy also provide excess vehicular liability coverage beyond the coverage in the driver's separate mva policy?
No. A commercial liability policy specifically excludes liability arising out of the ownership, maintenance or use of a motor vehicle.
What does commercial general liability insurance cover regarding contents liability?
The commercial general liability policy provides coverage for liability not contents. If you only have the CGL then there is no contents coverage. Commercial policies are generally put together by adding different policies as needed for particular coverages. There are many different commercial policies that you can combine to become your complete commercial insurance coverage. Discounts are given for combining the policies. Some of the commercial policies available are commercial general liability, commercial auto, commercial property, commercial boiler and machinery, commercial property floaters, and many more to customize the coverages needed.
What are the benefits of a commercial liability umbrella insurance?
Commercial liability umbrella insurance has many benefits to the company. The liability umbrella insurance is pretty inexpensive compared to other coverage policies. It also provides better protection and coverage.
What is the best insurance for a commercial vehicle?
The best insurance for a commercial vehicle is a comprehensive plan that provides not only liability coverage, but also includes coverage for cargo, and the vehicle itself.
Is there a professional liability insurance for a Residential contractor in SC?
What your looking for is Commercial General Liability Insurance for contractors, not professional liability insurance.And Yes. Almost any Commercial lines carrier will provide CGL coverage as well..
Where do you buy General liability insurance?
General Liability insurance is purchased through any insurer that provides commercial insurance lines coverage.
Can a commercial building be insured for just liability?
Yes, but the problem will be finding a carrier who will write liability coverage a building with no property coverage on it. It would probably have to be an acceptable property risk for a casualty underwriter to consider writing just liability on it and there would have to be a good reason why you didn't want property coverage on it. Nobody wants to write liability insurance on a dump anymore than they want to write property coverage on it.
What companies offer the cheapest commercial liability insurance?
"Many companies offer cheap commercial liability insurance. About every company has the same coverage at around the same price. Allstate, CApotial one."
What is the right insurance coverage for an HVAC service and maintenance contractor?
"Commercial General Liability" is the appropriate coverage policy type for an HVAC service technician or company.
What is liability coverage?
LIABILITY COVERAGE Refers to coverage for liability that an individual has if he or she should negligently injure another person or another person's property.
Is professional liability covered under a commercial general liability policy?
Normally it is not covered by a CGL policy. However some carriers can add this coverage by endorsement. The recomendation would be to buy a stand alone professional policy. they normally provide broader coverage. Review the policy carefully as these can be very complicated and are normally written on claims made basis instead of a occurrence form. Make sure you clearly understand the differences or you could be caught without coverage at some point in time.
