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POLICY NUMBER: |
COMMERCIAL GENERAL LIABILITY |
|
CG 20 10 12 19 |
THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY.
ADDITIONAL INSURED – OWNERS, LESSEES OR
CONTRACTORS – SCHEDULED PERSON OR
ORGANIZATION
This endorsement modifies insurance provided under the following:
COMMERCIAL GENERAL LIABILITY COVERAGE PART
SCHEDULE
Name Of Additional Insured Person(s)
Or Organization(s)
Location(s) Of Covered Operations
Information required to complete this Schedule, if not shown above, will be shown in the Declarations.
A. Section II – Who Is An Insured is amended to include as an additional insured the person(s) or organization(s) shown in the Schedule, but only with respect to liability for "bodily injury", "property damage" or "personal and advertising injury" caused, in whole or in part, by:
1.Your acts or omissions; or
2.The acts or omissions of those acting on your behalf;
in the performance of your ongoing operations for the additional insured(s) at the location(s) designated above.
However:
1.The insurance afforded to such additional insured only applies to the extent permitted by law; and
2.If coverage provided to the additional insured is required by a contract or agreement, the insurance afforded to such additional insured will not be broader than that which you are required by the contract or agreement to provide for such additional insured.
B. With respect to the insurance afforded to these additional insureds, the following additional exclusions apply:
This insurance does not apply to "bodily injury" or "property damage" occurring after:
1.All work, including materials, parts or equipment furnished in connection with such work, on the project (other than service, maintenance or repairs) to be performed by or on behalf of the additional insured(s) at the location of the covered operations has been completed; or
2.That portion of "your work" out of which the injury or damage arises has been put to its intended use by any person or organization other than another contractor or subcontractor engaged in performing operations for a principal as a part of the same project.
CG 20 10 12 19 |
© Insurance Services Office, Inc., 2018 |
Page 1 of 2 |
C. With respect to the insurance afforded to these additional insureds, the following is added to
Section III – Limits Of Insurance:
If coverage provided to the additional insured is required by a contract or agreement, the most we will pay on behalf of the additional insured is the amount of insurance:
1.Required by the contract or agreement; or
2.Available under the applicable limits of insurance;
whichever is less.
This endorsement shall not increase the applicable limits of insurance.
Page 2 of 2 |
© Insurance Services Office, Inc., 2018 |
CG 20 10 12 19 |
Common mistakes
Filling out the CG 20 10 07 04 Liability Endorsement form can be a straightforward task, but many individuals make common mistakes that can lead to complications down the line. One frequent error is neglecting to provide accurate information regarding the additional insured. This section requires specific names and details of the persons or organizations that will be covered. Omitting or misnaming these parties can result in a lack of coverage when it is most needed.
Another mistake often encountered is failing to specify the location(s) of covered operations. This detail is crucial because it defines where the coverage applies. If the locations are not clearly outlined, it may create confusion about the scope of the insurance, potentially leaving certain operations unprotected. Always double-check that the locations are complete and accurate.
People also frequently overlook the importance of understanding the contractual obligations tied to the endorsement. If the coverage for the additional insured is mandated by a contract, the insurance provided cannot exceed what is stipulated in that agreement. Ignoring this can lead to misunderstandings about the extent of coverage, which could leave both parties exposed in the event of a claim.
Another common pitfall is misunderstanding the limitations of the coverage. The endorsement explicitly states that the insurance does not apply to "bodily injury" or "property damage" occurring after certain conditions are met, such as the completion of work. Failing to recognize these exclusions can result in unexpected gaps in coverage, which can be detrimental when claims arise.
In addition, individuals often rush through the form without thoroughly reviewing the limits of insurance section. This section clarifies that the maximum payout for the additional insured will be the lesser of the contract requirements or the available insurance limits. Misinterpreting this can lead to unrealistic expectations about the coverage provided, which may not align with actual policy limits.
Finally, many people neglect to sign and date the endorsement. While it may seem like a minor detail, an unsigned form can render the endorsement invalid. Always ensure that all necessary signatures are included to avoid any administrative issues that could complicate claims processing in the future.
Dos and Don'ts
When filling out the CG 20 10 07 04 Liability Endorsement form, it is crucial to follow specific guidelines to ensure accuracy and compliance. Here’s a list of do's and don'ts:
- Do read the entire form carefully before starting.
- Do provide accurate information for all additional insured persons or organizations.
- Do ensure that the locations of covered operations are clearly stated.
- Do check that the details match any related contracts or agreements.
- Don't leave any sections blank; all required fields must be filled out.
- Don't provide information that is inconsistent with your existing policy.
- Don't assume that previous endorsements apply; each form must be filled out independently.
- Don't submit the form without reviewing it for errors or omissions.
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