Commercial Insurance: Liability
What We Offer
Protection for third-party bodily injury and property damage claims may be insured under a
Commercial General Liability Coverage Form which includes coverage for both premises and products-completed
An umbrella serves two purposes. First, it provides excess liability limit over the scheduled
underlying policies. Second, it fills some gaps in the underlying coverage. There is no standard umbrella policy.
Therefore, coverage comparison is a must. Key areas of comparison are exclusions, deductible, whether a follow-form
is offered over unusual underlying exposures, limits, and defense cost (in or out of the limits).
Business Auto coverage insures vehicles that are owned, leased, hired or borrowed by businesses,
whether they are associations, corporations, partnerships or sole proprietorships. Business Auto coverage may be
used to insure private passenger autos and all types of trucks, trailers, semitrailers and commercial vehicles
designed for use on public roads.
Business Owners Policy
This policy is designed like a commercial homeowners policy. It provides property, liability,
inland marine, crime and hired/non-owned auto in one neat package. While customization is permitted the options are
fairly limited when compared to the commercial package policies.
May be written to cover the pollution exposure associated with the insured's property and
operations, including costs of cleanup and remedial (corrective) action at third party demand or government order.
The pollution exclusion in general liability insurance effectively eliminates coverage for damages for bodily
injury, property damage and cleanup costs arising from most types of pollution release. Consequently, tailor-made
protection for the pollution exposure of numerous insureds in this category is essential. There are specific
policies for remediation operations or abatement contractors. Coverage can address lead-based products, asbestos or
numerous other hazardous substances.
Professional liability coverage is designed to protect the professional from actions that stem
from their professional capacity and training. The coverage is called "professional" for some and "errors and
omissions" for others depending on the particular coverage form and the company issuing the coverage.
Director's and Officer's Liability
Insures corporate directors and officers against claims, usually by stockholders, alleging loss
arising from mismanagement. Claims may also be made by other than stockholders against the corporation for
mismanagement, which would also be covered.
Employment Practices Liability
Covers lawsuits brought by employees (past, present or prospects), or governmental entities
against the insured employer, alleging wrongful discharge, discrimination or certain types of