Hold Harmless Agreement Texas With Insurance
Description
How to fill out Texas Waiver, Release Of Liability, And Hold Harmless Agreement Of Lessee In Favor Of Lessor?
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FAQ
An example of a hold harmless clause that uses indemnity language is one stating that one party shall "indemnity, defend, and hold harmless" the other "from and against claims, damages, losses, and expenses, including but not limited to attorney's fees, arising out of or resulting from negligence or misconduct in ...
Hold-harmless-agreement-texas A disclaimer filed in Texas may apply to both parties in a contract or simply apply to one of them. This contractual clause is often used in construction contracts to release one of the parties involved from any liability or consequence arising from the actions of the other party.
A hold harmless agreement protects a business from claims or lawsuits. These insurance clauses are often used in businesses where the main company providing a service wants a secondary party to assume the risk of property damage, financial loss or bodily injury.
How to fill out a hold harmless agreement The date of the agreement. The name of the person held harmless or protected, with their address. The name of the other party to the agreement, with their address. Details about the activity or event the agreement is about, such as horseback riding or country club membership.
You can add the company that has asked to be held harmless as an additional insured. The additional insured endorsement makes the party an insured on your policy and protects them if they are sued for your negligence. The endorsement helps you meet your obligation to either hold that party harmless or indemnify them.