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In Truck Ins. Exchange v. AMCO Ins. Co. (No. B298798, filed 10/26/20), a California appeals court held that even though the named insured restaurant-lessee was found not liable for premises ...
If you get a certificate from someone with the additional insured endorsement, do you still need your own insurance? Yes. Additional insured status doesn’t mean you don’t need insurance. It only means ...
January 22, 2016 at 02:00 AM 1 minute read By Jason L. Shaw | Updated on January 22, 2016 ...
The additional insured endorsement is helpful because it protects the additional insured, as part of the named insurer's policy, so that a claim can be filed in the event of being sued.
If you decide to add umbrella liability as a requirement of the contract, landlords should strongly consider requiring a primary noncontributory endorsement, as well. A second is having the lessor ...
In contrast, specific endorsements actually name the entities and provide additional insured status to only those entities. Although specific endorsements provide a sense of security by ...
Channel 19 Just say no: One owner-operator's approach to broker/customer demands to be 'additional insured' Todd Dills Jul 6, 2021 Updated Jul 10, 2024 ...
With the current lease, the building management is requesting that I name them as an additional insured party. It seems as though they’re trying to pass on their insurance costs to me.
The company stated that a liability insurance policy covers an “additional insured” only if the liability arises from the negligence of the policyholder, in this case the tenant.