What is a CG 2010 form in insurance?

What is a CG 2010 form in insurance?

The CG 20 10 covers the additional insured with respect to liability caused by your ongoing operations. Therefore, the current form CG 20 10 does not include completed operations coverage for the additional insured. If that coverage is required you will also need the CG 20 37 endorsement.

What is a hostile fire exclusion?

Hostile Fire Exception—f. The “hostile fire” exception also applies away from the premises—if bodily injury or property damage arises from heat, smoke, or fumes from a hostile fire away from an insured’s premises, coverage applies.

What is a hostile fire endorsement?

Essentially every pollution event is excluded by this endorsement. The CG 21 55 gives back coverage for injury or damage caused by pollution resulting from a hostile fire. A “hostile fire” is defined in the CGL as a fire which becomes uncontrollable or breaks out from where it was intended to be.

What is the difference between CG 2010 and CG 2033?

A significant difference between the CG 20 10 and CG 20 33, is CG 20 33’s requirement that there must be a written contract or agreement between the additional insured and the named insured. As a way to explain the significance of the written contract requirement, imagine a custom home building project.

What is a CG 2015?

The General Liability endorsement entitled “Additional Insured-Vendors” (CG2015) is commonly referred to as a vendor’s endorsement. The purpose of a vendor’s endorsement is to provide Products Liability to vendors who sell or distribute your product.

What does CG 24 26 do?

A new endorsement, CG 24 26—Amendment of Insured Contract Definition, imposes a new restriction on the most important category of “insured contracts.” Category (f) of the “insured contract” definition provides contractual liability coverage with respect to hold harmless agreements in contracts pertaining to the named …

What does CG 2426 do?

Amendment of “Insured Contract” Definition Endorsement — a standard commercial general liability (CGL) endorsement (CG 24 26) that alters the policy’s definition of “insured contract,” which determines the scope of coverage for contractually assumed liabilities, to require that the injury or damage for which coverage …

What is a covered location?

Covered location means any location or premises where “you” have buildings, structures, or business personal property covered under this coverage.

What is a CG 2037 endorsement?

The CG 20 37 – Additional Insured – Owners, Lessees or Contractors – Completed Operations has been specifically written to provide coverage to the additional insured for certain bodily injury or property damage claims that occur after the project is finished.

What is a CG 2038?

ISO amended the 2013 form CG 20 38. This form is used to add a blanket additional insured to a policy. We all know that it is a common practice in construction for an owner and general contractor to require a subcontractor to name the owner and general contractor as additional insureds under the sub’s CGL policy.