Auto
Refers to autos the named insured leases, hires, rents, or borrows.
What is Hired Auto?
Liability arising out of the actions of others.
What is Vicarious Liability?
Federal workers compensation law that applies to maritime employees who work on or over navigable waters in or adjacent to the United States.
What is USL&H?
Defined in the CGL as an accident, including continuous or repeated exposure to the same general harmful conditions
What is an Occurrence?
Auto symbol for Specifically Described Autos
What is Auto Symbol 7?
States a single dollar limit that applies to any combination of bodily injury and property damage liability claims.
What are Combined Single Limits?
An insured that is not automatically included on the policy, but for whom the named insured is required to add protection under its liability policy.
What is an Additional Insured?
Under MS Work Comp law, the number of employees which require an employer to purchase workers' compensation insurance coverage.
What are Five Employees?
This exposure arises out of the manufacture, distribution or sales of the insured's product.
What is Products Exposure?
A commercial auto policy designed to address the needs of auto repair shops and dealers. Coverages include liability and auto physical damage.
What is a Garage Policy?
Provides nonowned auto coverage under a commercial auto policy in the event the individual designated in the endorsement is driving a nonowned auto for personal use.
What is Drive Other Car Endorsement?
This liability exposure arises out of the ownership or use of property.
What is Premises Exposure?
States set their own insurance rates, do not allow private insurance companies to sell coverage and operate their own state fund for all workers' compensation policies in the state.
What are Monopolistic States?
Includes leased workers, but not temporary workers
What is an Employee?
Automobile insurance coverage that insures against damage to the insured's own vehicle. Coverage is provided for perils such as collision, vandalism, fire and theft.
What is Auto Physical Damage Insurance?
An agreement between two parties in which one party agrees to give up it's rights of recovery against another in the event of a loss.
What is a Waiver of Subrogation?
Lease of Premises, Sidetrack Agreement, Easements, Elevator maintenance agreement
What are Examples of "Insured Contracts"?
A survey of the financial records of an organization conducted at policy expiration to determine actual exposures.
What is an Audit?
Bulldozers, farm machinery, forklifts and other vehicles designed for use principally off public roads.
What is Mobile Equipment?
A person or organization which has possession of the property of others,usually for storage, repair, or servicing.
What is a Bailee?
Coverage provided to an auto repair shop for liability exposures with respect to damage to a customer's auto that has been left in their care for service or repair.
What is Garagekeepers Coverage?
Includes such things as slander, libel, copyright infringement, invasion of privacy, false arrest, wrongful entry onto another's premises, and malicious prosecution.
What is Personal & Advertising Injury?
The entity in which officers are automatically included for coverage unless they choose to be excluded.
What is a Corporation?
Any solid,liquid, gaseous or thermal irritant or contaminent, including smoke, vapor, soot, fumes, acids, alkalis, chemicals and waste.
What is a Pollutant?
A document that an employer is required to put up openly at its premises revealing details of its work comp coverage.
What is a Posting Notice?