I Choose Business Auto
This is abbreviated in a Commercial Auto Policy as "CSL".
What is Combined Single Limit?
The baseline standard Employers Liability Limits.
What are $100,000 / $500,000 / $100,000?
This legal term refers to when one party is held liable for the negligent acts or omissions of another party.
What is Vicarious Liability?
What is a Pollution Exclusion?
Coverage for these categories of losses is provided in the ISO CGL Coverage Form under "Coverage A".
What are "bodily injury" and "property damage"?
This symbol represents coverage for Specifically Described Autos only.
What is Symbol 7?
If purchased, this is the PA statutory minimum UM/UIM coverage limit.
This hazard describes an insured whose position regarding loss is careless, reckless, or indifferent.
What is a Moral Hazard?
Call the Insurance Police! This is needed when an adjuster denies a claim, but coverage was already purchased to include an exposure outside of the standard coverage form.
What is Endorsement Enforcement?
This ISO CGL form provides Additional Insured status to state/government etitites.
What is CG 2012?
This exclusion applies when one employee sues another employee for a work-related accident.
What is Fellow Employee Exclusion?
With some exceptions, this is the maximum limit offered for Cyber Crime coverage (i.e. Funds Transfer Fraud).
What is $250,000?
This Risk Control expert's fourth quarter touchdown catch in the "Fog Bowl" in 1991 has been long revered as one of the greatest plays in Millersville football history.
Who is Bill Burke?
The part of the auto policy that spells out your vehicle vs vehicle coverage conditions.
What is a Collision Provision?
This sublimited GL coverage is often described as "Pay To Go Away", providing minimal payout in the hope of avoiding future litigation.
What is Medical Expense?
This form is a federally mandated surety/indemnification to ensure the public is compensated for environmental or bodily injury claims regardless of policy coverage.
What is MCS-90?
In NJ, it is limited to 10 years. In PA, it's 12. In MD, it's up to 20! As ruthless as NY is to contractors, it doesn't have one...
What is the Statute of Repose?
Officially called the "Log of Work-Related Injuries and Illnesses", contractors are required to complete this reporting form for an organization under the Department of Labor.
What is the OSHA 300?
A refusal to buy motor truck coverage from a particular carrier.
What is Cargo Embargo?
What are Per Project and Per Location Aggregates?
While often provide elsewhere in the policy, the CA2048 offers this specific coverage.
What is Designated Insured?
A standard ISO Commercial Property Policy provides a $2,500 limit for furs/fur garments, but only for this specific cause of loss.
What is Theft?
Abbreviated as IRMI, this organization is widely considered the "gold standard" of insurance reference material.
What is the International Risk Management Institute?
What happens when a bunch of policies with the same coverage trigger do a Mummers Strut down Broad Street.
What is a Claims-Made Parade?
GL Class Codes 91581 and 91585 pertain to this type of exposure.
What are Subcontractor Costs?