Contractors and small business professionals are very familiar with client or general contractor requests for additional insured status.
When your business is asked for Additional Insured what you are doing is extending some of the coverage and rights of your policy to the business or individual that you give Additional Insured Status.
It’s important to ask your independent insurance agent about whether giving additional insured status is appropriate.
Watch this video “What is an Additional Insurance and When Do I Add Additional Insured to My Policy?” for more details:
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This is video #88 of a one hundred insurance video series that The Murray Group is producing to provide insurance consumers with quick, valuable answers to their everyday insurance questions.
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created by Ryan Hanley