Get Managers Or Lessors Of Premises

By adding the property manager as Additional Insured, they are able to share in the legal defense provided under your policy. You do not want to be held liable for negligent acts or errors committed in the management of the property, and therefore require your property manager to carry proper insurance.

This form covers the interest of any leasing company from whom equipment is rented by the contractor when a written contract is involved, and it does so without having to endorse the policy each time to name the rental firm. ...

Additional Insured a person or organization not automatically included as an insured under an insurance policy who is included or added as an insured under the policy at the request of the named insured.

To acknowledge the landlord's ownership interest in the property being insured and to provide the landlord the same type of coverage that the tenant receives, the landlord must be shown on the policy as an additional named insured.

Certificate holders possess proof of insurance on commercial general liability policies, while additional insureds are other parties coverage has been extended to, beyond the initial policyholders.

To be included as an additional insured under a liability policy, a person or entity must have a business relationship with the policyholder (named insured). Here are some common business relationships that create a need for additional insured coverage: Landlord and tenant. General contractor and subcontractor.

This endorsement modifies insurance provided under the following: COMMERCIAL GENERAL LIABILITY COVERAGE PART. ... WHO IS AN INSURED (Section II) is amended to include as an insured the person or organization shown in the Schedule, but only with respect to liability arising out of "your work" for that insured by or for you.

An additional insured extends liability insurance coverage beyond the named insured to include other individuals or groups. An additional insured endorsement protects the additional insured under the named insurer's policy allowing them to file a claim if sued.