What Is Auto Liability Insurance?
Commercial auto liability insurance is essential for many businesses to help mitigate financial risks and comply with ...
Posts about Insurance Basics:
What's the Difference Between Occurrence & Claims-Made Insurance?
An occurrence policy offers lifetime coverage for incidents that occur during the policy period, regardless of when the ...
What's the Difference Between Excess and Umbrella Insurance?
Excess liability insurance provides additional limits to an underlying policy, while umbrella liability insurance ...
The Basics of Additional Insured Endorsements
Additional insured (AI) endorsements extend insurance coverage to a third party specified by the policyholder in the ...
What’s the Difference Between a Loss Payee & an Additional Insured?
Although both are entitled to insurance benefits, loss payees receive property loss coverage while additional insureds ...
What Is Commercial General Liability?
Commercial general liability (CGL) is a type of insurance coverage that protects a business from risks such as bodily ...
What Is Workers' Comp?
Workers’ comp insurance helps pay for an employee’s medical care, lost wages, rehabilitation, and other expenses ...
Certificate Holders & Additional Insureds: What's the Difference?
Certificate holders possess proof of insurance on commercial general liability policies, while additional insureds are ...
What's the Difference Between Indemnification & Insurance?
The main difference between indemnification and insurance is that the former represents the process of transferring ...
What Is ACORD & What Does It Have To Do With Insurance?
ACORD is a global non-profit known for its standardized certificate of insurance (COI) forms. These streamlined ...