Why do I have to list my landlord as an “additional insured” on my general liability policy?
Total Comments: 9
Posted: Fri Apr 09, 2010 08:33 pm Post Subject:
In the event someone is injured at your place of business, the injured party may file suit against you as the tenant and also against your landlord as the owner of the building. Many commercial leases will require the tenant to provide some insurance coverage to the landlord in the event they are named in a suit. This can be accomplished by listing the landlord as an "Additional Insured" on your general liability policy.
Posted: Tue Oct 26, 2010 06:41 pm Post Subject:
Many insurance companies DO charge a flat fee or a percentage based fee to name an additional insured.
I don't think that's accurate. It's a formality, not a change to the risk that would require an adjustment of the premium.
However, in addition to what's been stated in other posts above, another reason for naming a landlord (or lender) as an additional insured is the fact that in the event the primary insured is unable to file a claim (as in the case of arson committed by the insured with the intent to collect the insurance money), the additional insured's right to file a claim is not impaired. Though the damage was due to arson, the landlord would be able to collect (as the primary insured would have been if he was the victim and not the perpetrator. Unless, of course, the landlord was also a participant (co-conspirator) in the crime.
Posted: Tue Nov 16, 2010 05:34 am Post Subject: commercial general liability insurance
This is so interested! Where can I find more like this? Thanks for shearing..
I don't think that's accurate. It's a formality, not a change to the risk that would require an adjustment of the premium.
I've seen some that do. A club I belong to has a GL policy. In order to have an event on someone else's property they require to be listed as an AI. It cost the club $75 or $100 to list them.
Posted: Tue Nov 16, 2010 10:02 am Post Subject:
That fee is probably the cost to issue a "Certificate of Insurance" for the AI as a one time event. When I do a catering event, if the venue needs more than proof of insurance via a copy of my liability policy dec page -- to actually be named as an additional insured for a one-time event -- then I may be charged up to $50 for that -- it's an administrative charge, not a bump in the premium/rate. My broker generally gets me the certificate at no cost on the rare occasion that I need it.
But the post I replied to was talking about a landlord-tenant exposure, and I don't know of any insurance company that charges extra to name the landlord as an additional insured. Having a landlord as an AI does not change the nature of the risk, just puts them in a position to make a claim if the insured cannot (such as in an arson event).
Posted: Fri Jan 14, 2011 11:47 pm Post Subject:
Sometimes a carrier will charge for the AI. It's really a service charge b/c they have to keep scheduling different AI's. Many BOP's automatically include a blanket AI for lessor's of leased premises. If it's blanketed they don't usually charge, if they have to schedule a bunch of AI's they will charge in some instances. The landlord does have some protection under the contractual liability provision in the GL The AI is request primarily so the cert holder is provided defense outside the policy limits just like the insured is.
Posted: Sat Sep 17, 2011 11:50 pm Post Subject: What should I do with my life?
I'll start off saying that I have no idea what to do with my life. I had aspirations to be a video game designer when I was 11 or so, but a few years later my Dad finally proved to me that going into such a competitive, fast paced field isn't the wisest move. Other than that, I've never had an overall goal for my life.
So now I'm almost 23, and I'm finally gritting my teeth making that big push towards getting my life going. I'm at absolute zero as far as life goes. Single, no debt, unemployed, clean record, average GPA, High School Diploma...so maybe that isn't exactly zero, but that's about where I'd place myself.
My current plans are to join the Air Force and take advantage of the GI Bill, which covers up to 4 years of college after serving a minimum of 2 years, or 3 years for full monetary benefits. It's at this point I realized I need a heading, a goal...and fast.
I have a considerably high IQ, I just never really applied myself to anything. I can't list much for my interests. I love the English language, reading, writing, poetry. I love philosophy and psychology, and who doesn't love technology and video games? But I don't know if I'm interested enough for a career in those fields. Basically, I wrote that out to help you help me, but please don't confine your ideas to those boundaries.
With the military, I can get a Bachelor's Degree. I think this is the most realistic end-game goal. Maybe I could push for a higher degree in the future, but I don't have to plan that far, and who knows what the future holds?
There's always the idea of owning my own business when all is said and done. I've never liked the idea of people making money off of my work, but everyone has a price right?
I wanted to post this on this forum because this website is a great resource for job trends, but I don't even know what to type in the search engine, and I really want a 6 year projection. The job market is constantly changing and evolving, so where's it going?
Posted: Mon Sep 19, 2011 01:48 am Post Subject: my husband kidnapped my babies
Im exhausted trying to do this on my own. I need other moms to talk to. Everyday is a struggle for me. I havent seen my two younger babies since dec 3rd. and have only been allowed to talk to them 1 time in jan. I don't even know if there ok.
This is my story, i fell in love with a marine. shortly after I found out we were expecting. Little did I know that this man I was having children with was a con man. He was unfaithful from the beginning but I didn't want to believe it. After our 2nd child together things really began to change he got worse when it came to other females. Began treating our daughter like a step child and focused on our son.
In Nov 2009 he got military orders to Cherry pt, NC. I was relieved. I thought for the 1st time I can emotionally get back on my feet and face the demon he was. Little did I know that once he left he was gonna completely forget about me and our children. Left me with no water months upon months and power. giving me 160 dollars a month to feed 3 children. The stresses of this finally had gotten to me. After a 6 month battle with his command with no help I thought to myself maybe my kids were better off without me, seeing I couldn't provide for them in the way they deserved. I brought my children next door and went back home and took a knife to my wrist, as I slid it across my childrens faces rushed before me, the goofy times we had I relived in a sec. I regretted what I had done. But this was the ticket that allowed him to remove the children from my care. I was admitted into a 72 psych hold but quickly released that day told I DID NOT belong there. I returned home and my kids were with my neighbor whom had contacted my husband and of course he quickly came to Ca to get them. I couldn't even tell them good bye.
Ive spoke to law enforcement, lawyers what he did was legal. The police said my house was not safe for them because I had no water or power for them, which apparently was MY fault. His command refuses to get involved told me that the state of Ca took my rights from me, and they have this form. However I never received this form. In fact I was told that I could see them and talk to them, but once they were in their fathers care it would have to go to family law. Which I don't have the money for the "retainer" and money is so tight for everyone its hard to find one who will help for free.
And as the time goes by, he isnt allowing my children to speak to their own sister, or anyone from my family. He has completely removed me from their lives. My oldest daughter talked to them April 5th and my two little ones think I don't want them and dont love them. ( which breaks my heart ) what kind of heartless monster tells an innocent child that?
So at this point, I don't know what to do. I know that this past mother's day was the 1st mothers day in 10 yrs I was utterly alone. I don't know what to do, im literally fighting the devil.... any advice would be great. Thanks for reading this....
The reason I don't have my oldest is because my 1st husband served me custody papers with the wrong date on it, and I was out of state for the holidays and couldn't afford to go back to ca for the court date so he of course won by default.
Was I not meant to be a mom??
Posted: Tue Sep 20, 2011 05:50 am Post Subject:
try to back your children by fighting with the help of state laws, if you wanna be with them. you should also be able to get child support from your partner. consult a non-profit organization to get help in your present situation and reason out for your suicide attempt as depression related to infidelity and poor financial condition. giv it your best shot and try to get back your children and become a responsible mother to them.
Posted: Fri Apr 09, 2010 08:33 pm Post Subject:
In the event someone is injured at your place of business, the injured party may file suit against you as the tenant and also against your landlord as the owner of the building. Many commercial leases will require the tenant to provide some insurance coverage to the landlord in the event they are named in a suit. This can be accomplished by listing the landlord as an "Additional Insured" on your general liability policy.
Posted: Tue Oct 26, 2010 06:41 pm Post Subject:
Many insurance companies DO charge a flat fee or a percentage based fee to name an additional insured.
I don't think that's accurate. It's a formality, not a change to the risk that would require an adjustment of the premium.
However, in addition to what's been stated in other posts above, another reason for naming a landlord (or lender) as an additional insured is the fact that in the event the primary insured is unable to file a claim (as in the case of arson committed by the insured with the intent to collect the insurance money), the additional insured's right to file a claim is not impaired. Though the damage was due to arson, the landlord would be able to collect (as the primary insured would have been if he was the victim and not the perpetrator. Unless, of course, the landlord was also a participant (co-conspirator) in the crime.
Posted: Tue Nov 16, 2010 05:34 am Post Subject: commercial general liability insurance
This is so interested! Where can I find more like this? Thanks for shearing..
commercial general liability insurance
Posted: Tue Nov 16, 2010 07:03 am Post Subject:
I don't think that's accurate. It's a formality, not a change to the risk that would require an adjustment of the premium.
I've seen some that do. A club I belong to has a GL policy. In order to have an event on someone else's property they require to be listed as an AI. It cost the club $75 or $100 to list them.Posted: Tue Nov 16, 2010 10:02 am Post Subject:
That fee is probably the cost to issue a "Certificate of Insurance" for the AI as a one time event. When I do a catering event, if the venue needs more than proof of insurance via a copy of my liability policy dec page -- to actually be named as an additional insured for a one-time event -- then I may be charged up to $50 for that -- it's an administrative charge, not a bump in the premium/rate. My broker generally gets me the certificate at no cost on the rare occasion that I need it.
But the post I replied to was talking about a landlord-tenant exposure, and I don't know of any insurance company that charges extra to name the landlord as an additional insured. Having a landlord as an AI does not change the nature of the risk, just puts them in a position to make a claim if the insured cannot (such as in an arson event).
Posted: Fri Jan 14, 2011 11:47 pm Post Subject:
Sometimes a carrier will charge for the AI. It's really a service charge b/c they have to keep scheduling different AI's. Many BOP's automatically include a blanket AI for lessor's of leased premises. If it's blanketed they don't usually charge, if they have to schedule a bunch of AI's they will charge in some instances. The landlord does have some protection under the contractual liability provision in the GL The AI is request primarily so the cert holder is provided defense outside the policy limits just like the insured is.
Posted: Sat Sep 17, 2011 11:50 pm Post Subject: What should I do with my life?
I'll start off saying that I have no idea what to do with my life. I had aspirations to be a video game designer when I was 11 or so, but a few years later my Dad finally proved to me that going into such a competitive, fast paced field isn't the wisest move. Other than that, I've never had an overall goal for my life.
So now I'm almost 23, and I'm finally gritting my teeth making that big push towards getting my life going. I'm at absolute zero as far as life goes. Single, no debt, unemployed, clean record, average GPA, High School Diploma...so maybe that isn't exactly zero, but that's about where I'd place myself.
My current plans are to join the Air Force and take advantage of the GI Bill, which covers up to 4 years of college after serving a minimum of 2 years, or 3 years for full monetary benefits. It's at this point I realized I need a heading, a goal...and fast.
I have a considerably high IQ, I just never really applied myself to anything. I can't list much for my interests. I love the English language, reading, writing, poetry. I love philosophy and psychology, and who doesn't love technology and video games? But I don't know if I'm interested enough for a career in those fields. Basically, I wrote that out to help you help me, but please don't confine your ideas to those boundaries.
With the military, I can get a Bachelor's Degree. I think this is the most realistic end-game goal. Maybe I could push for a higher degree in the future, but I don't have to plan that far, and who knows what the future holds?
There's always the idea of owning my own business when all is said and done. I've never liked the idea of people making money off of my work, but everyone has a price right?
I wanted to post this on this forum because this website is a great resource for job trends, but I don't even know what to type in the search engine, and I really want a 6 year projection. The job market is constantly changing and evolving, so where's it going?
Posted: Mon Sep 19, 2011 01:48 am Post Subject: my husband kidnapped my babies
Im exhausted trying to do this on my own. I need other moms to talk to. Everyday is a struggle for me. I havent seen my two younger babies since dec 3rd. and have only been allowed to talk to them 1 time in jan. I don't even know if there ok.
This is my story, i fell in love with a marine. shortly after I found out we were expecting. Little did I know that this man I was having children with was a con man. He was unfaithful from the beginning but I didn't want to believe it. After our 2nd child together things really began to change he got worse when it came to other females. Began treating our daughter like a step child and focused on our son.
In Nov 2009 he got military orders to Cherry pt, NC. I was relieved. I thought for the 1st time I can emotionally get back on my feet and face the demon he was. Little did I know that once he left he was gonna completely forget about me and our children. Left me with no water months upon months and power. giving me 160 dollars a month to feed 3 children. The stresses of this finally had gotten to me. After a 6 month battle with his command with no help I thought to myself maybe my kids were better off without me, seeing I couldn't provide for them in the way they deserved. I brought my children next door and went back home and took a knife to my wrist, as I slid it across my childrens faces rushed before me, the goofy times we had I relived in a sec. I regretted what I had done. But this was the ticket that allowed him to remove the children from my care. I was admitted into a 72 psych hold but quickly released that day told I DID NOT belong there. I returned home and my kids were with my neighbor whom had contacted my husband and of course he quickly came to Ca to get them. I couldn't even tell them good bye.
Ive spoke to law enforcement, lawyers what he did was legal. The police said my house was not safe for them because I had no water or power for them, which apparently was MY fault. His command refuses to get involved told me that the state of Ca took my rights from me, and they have this form. However I never received this form. In fact I was told that I could see them and talk to them, but once they were in their fathers care it would have to go to family law. Which I don't have the money for the "retainer" and money is so tight for everyone its hard to find one who will help for free.
And as the time goes by, he isnt allowing my children to speak to their own sister, or anyone from my family. He has completely removed me from their lives. My oldest daughter talked to them April 5th and my two little ones think I don't want them and dont love them. ( which breaks my heart ) what kind of heartless monster tells an innocent child that?
So at this point, I don't know what to do. I know that this past mother's day was the 1st mothers day in 10 yrs I was utterly alone. I don't know what to do, im literally fighting the devil.... any advice would be great. Thanks for reading this....
The reason I don't have my oldest is because my 1st husband served me custody papers with the wrong date on it, and I was out of state for the holidays and couldn't afford to go back to ca for the court date so he of course won by default.
Was I not meant to be a mom??
Posted: Tue Sep 20, 2011 05:50 am Post Subject:
try to back your children by fighting with the help of state laws, if you wanna be with them. you should also be able to get child support from your partner. consult a non-profit organization to get help in your present situation and reason out for your suicide attempt as depression related to infidelity and poor financial condition. giv it your best shot and try to get back your children and become a responsible mother to them.
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