Contractual liability insurance pays for bodily injury or property damage that arises as a result of liability assumed by contractual agreement. This coverage is automatically included as part of a ...
The sidetrack agreement is an agreement between a property owner and a railroad company that adds specific exclusions to the coverage provided by a liability insurance policy. The "sidetrack" refers ...
What do contractual limitations on liability mean for your business? Just about every commercial contract you sign has a contractual limitation on liability. And, even if you do not sign a contract, a ...
Understanding Construction Contract Insurance Requirements: How to Avoid Costly Gaps and Legal Risks
It is critical for contractors to understand the insurance requirements in construction contracts, as these projects carry very high levels of liability and risk. Construction involves moving ...
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What is risk in business insurance?
Insurance risk is the probability of an adverse event that causes an insurance claim. Learn how business insurance risk is ...
Businesses that provide services for a fee should have professional liability insurance, which is widely available. Many, or all, of the products featured on this page are from our advertising ...
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