5 Contractor Coverage Concepts Every Agent Must Understand
Author: Chris Boggs
This 48-page Big "I" Virtual University Risk & Reality Report was created by Christopher J. Boggs, CPCU, ARM, ALCM, LPCS, AAI, APA, CWCA, CRIS, AINS, Executive Director of the Big "I" Virtual University. Contractor risks are unique regarding their risk profile, exposures, and coverage needs. Agents must understand these unique risks, exposures, and coverages to properly manage their contractor clients.
This report focuses on five of the most common contractor risk exposures:
1. Contractual Risk Transfer
2. Properly Extending Insured Status
3. Business Auto Issues
4. Misuse of the Absolute Pollution Exclusion
5. Professional and Pollution Exposures Faced by Contractors
What is a Big "I" Virtual University Risk & Reality Report?
Our Risk & Reality Reports are white papers adapted from various Big "I" Virtual University webinars and articles written by some of the industry's leading experts.