What is contractual liability insurance?

Answer Contractual liability is commonly covered by the Commercial General Liability (CGL) insurance policy and is incorporated automatically without the need for an endorsement. More specifically, the in... Read More »

Top Q&A For: What is contractual liability insurance

Contractual Liability?

The contract is one of the more basic structures of the law. Through the signing of a contract, individuals and institutions agree to take on certain legally binding obligations and debts. If they ... Read More »

What Is Contractual Liability Coverage?

A type of insurance for businesses, contractual liability coverage protects companies from financial losses that may arise due to a lawsuit filed against someone with whom the company has a busines... Read More »

What type of liability insurance can you get to lease a commercial building for personal non-business use or is an umbrella policy from your homeowners liability insurance enough for the landlord?

Umbrella policies are often written as "following form" which means it only provides coverage if your primary (i.e. homeowners policy) provides coverage. Ask your insurance agent if you need to add... Read More »

What is the difference between farm liability insurance and vacant land general liability insurance?

Farm Liability is often a Farm Comprehensive Personal Liability coverage form and generally covers the land on which you farm as well as the products which you produce as a farmer. It covers the pe... Read More »