Contractual liability insurance pays for bodily injury or property damage that arises as a result of liability assumed by contractual agreement. This coverage is automatically included as part of a ...
Few provisions in general liability insurance policies are more misunderstood than contractual liability coverage. A scan of the basic insuring agreement in a CGL policy does not say that the insurer ...
What do contractual limitations on liability mean for your business? Just about every commercial contract you sign has a contractual limitation on liability. And, even if you do not sign a contract, a ...
The sidetrack agreement is an agreement between a property owner and a railroad company that adds specific exclusions to the coverage provided by a liability insurance policy. The "sidetrack" refers ...
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What is risk in business insurance?
Insurance risk is the probability of an adverse event that causes an insurance claim. Learn how business insurance risk is ...
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