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The CG 20 10 07 04 Liability Endorsement form plays a crucial role in commercial general liability insurance by extending coverage to additional insured parties, such as owners, lessees, or contractors. This endorsement modifies the existing insurance policy, ensuring that the specified individuals or organizations are protected against certain liabilities that may arise from the actions of the insured. It is important to note that this coverage is limited to specific locations and operations outlined in the endorsement schedule. The form clarifies that liability for bodily injury, property damage, or personal and advertising injury will be covered only if it is linked to the acts or omissions of the insured or their representatives while performing work for the additional insured. However, there are significant limitations. For instance, coverage ceases once the project work is completed or when the work has been put to its intended use by someone other than another contractor. Additionally, if a contract mandates coverage for the additional insured, the insurance provided will not exceed the limits specified in that agreement. This endorsement is essential for businesses looking to protect their interests while working with other parties, but it is vital to understand its terms and exclusions to avoid any unexpected gaps in coverage.
Dos and Don'ts
When filling out the CG 20 10 07 04 Liability Endorsement form, it is essential to approach the task carefully. Here are some important dos and don’ts to keep in mind:
- Do read the entire endorsement carefully before starting to fill it out.
- Do ensure that the policy number is correctly entered at the top of the form.
- Do accurately list the names of all additional insured persons or organizations.
- Do provide the exact location(s) of the covered operations as required.
- Don’t leave any sections blank; if information is not applicable, indicate that clearly.
- Don’t use abbreviations or shorthand that could lead to confusion.
- Don’t forget to review the exclusions mentioned in the endorsement to understand coverage limits.
- Don’t submit the form without double-checking for any errors or omissions.
Document Attributes
| Fact Name | Details |
|---|---|
| Purpose | This endorsement adds additional insured status for owners, lessees, or contractors to the Commercial General Liability policy. |
| Coverage Scope | It covers liability for bodily injury, property damage, or personal and advertising injury caused by your actions or those acting on your behalf. |
| Limitations | The coverage is limited to what is permitted by law and cannot exceed what is required by contract. |
| Exclusions | Insurance does not apply to injuries or damages occurring after the work has been completed or when the work has been put to its intended use. |
| Insurance Limits | The maximum payment for additional insureds is the lesser of the contract requirement or the policy limits, without increasing the overall limits of insurance. |
Key takeaways
Here are key takeaways regarding the CG 20 10 07 04 Liability Endorsement form:
- Policy Number: Ensure you reference the correct policy number, which is Commercial General Liability CG 20 10 12 19.
- Purpose: This endorsement adds additional insureds to your liability coverage, specifically for owners, lessees, or contractors.
- Schedule Details: Fill out the schedule with the names of additional insured persons or organizations and the locations of covered operations.
- Coverage Scope: The endorsement covers liability for bodily injury, property damage, or personal and advertising injury caused by your actions or those acting on your behalf.
- Legal Limits: The insurance only applies to the extent permitted by law, so be aware of any legal restrictions.
- Contractual Obligations: If coverage is required by a contract, it cannot be broader than what the contract specifies.
- Exclusions: Coverage does not apply after all work on the project has been completed or when the work has been put to its intended use.
- Limits of Insurance: The maximum payout for additional insureds is limited to the amount required by the contract or the available insurance limits, whichever is less.
- No Increase in Limits: This endorsement will not increase the overall limits of your insurance policy.
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Example - Cg 20 10 07 04 Liability Endorsement Form
POLICY NUMBER: |
COMMERCIAL GENERAL LIABILITY |
|
CG 20 10 12 19 |
THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY.
ADDITIONAL INSURED – OWNERS, LESSEES OR
CONTRACTORS – SCHEDULED PERSON OR
ORGANIZATION
This endorsement modifies insurance provided under the following:
COMMERCIAL GENERAL LIABILITY COVERAGE PART
SCHEDULE
Name Of Additional Insured Person(s)
Or Organization(s)
Location(s) Of Covered Operations
Information required to complete this Schedule, if not shown above, will be shown in the Declarations.
A. Section II – Who Is An Insured is amended to include as an additional insured the person(s) or organization(s) shown in the Schedule, but only with respect to liability for "bodily injury", "property damage" or "personal and advertising injury" caused, in whole or in part, by:
1.Your acts or omissions; or
2.The acts or omissions of those acting on your behalf;
in the performance of your ongoing operations for the additional insured(s) at the location(s) designated above.
However:
1.The insurance afforded to such additional insured only applies to the extent permitted by law; and
2.If coverage provided to the additional insured is required by a contract or agreement, the insurance afforded to such additional insured will not be broader than that which you are required by the contract or agreement to provide for such additional insured.
B. With respect to the insurance afforded to these additional insureds, the following additional exclusions apply:
This insurance does not apply to "bodily injury" or "property damage" occurring after:
1.All work, including materials, parts or equipment furnished in connection with such work, on the project (other than service, maintenance or repairs) to be performed by or on behalf of the additional insured(s) at the location of the covered operations has been completed; or
2.That portion of "your work" out of which the injury or damage arises has been put to its intended use by any person or organization other than another contractor or subcontractor engaged in performing operations for a principal as a part of the same project.
CG 20 10 12 19 |
© Insurance Services Office, Inc., 2018 |
Page 1 of 2 |
C. With respect to the insurance afforded to these additional insureds, the following is added to
Section III – Limits Of Insurance:
If coverage provided to the additional insured is required by a contract or agreement, the most we will pay on behalf of the additional insured is the amount of insurance:
1.Required by the contract or agreement; or
2.Available under the applicable limits of insurance;
whichever is less.
This endorsement shall not increase the applicable limits of insurance.
Page 2 of 2 |
© Insurance Services Office, Inc., 2018 |
CG 20 10 12 19 |
Detailed Instructions for Writing Cg 20 10 07 04 Liability Endorsement
Completing the CG 20 10 07 04 Liability Endorsement form requires careful attention to detail. This form is essential for adding additional insured parties to your commercial general liability policy. Follow these steps to ensure accurate completion.
- Begin by locating the POLICY NUMBER field at the top of the form. Enter your commercial general liability policy number accurately.
- In the Name Of Additional Insured Person(s) Or Organization(s) section, write the full name of the individual or organization you wish to add as an additional insured.
- Next, find the Location(s) Of Covered Operations field. Provide the specific locations where the additional insured's operations will take place.
- If there is any information required to complete the schedule that is not included above, refer to the Declarations section to fill in those details.
- Review the form for any required signatures or additional information that may be necessary to finalize the endorsement.
- Once all fields are filled out, ensure that the form is signed and dated, if required.
- Make copies of the completed form for your records before submitting it to your insurance provider.
After completing these steps, you can submit the form to your insurance company. Ensure you keep a copy for your records, as it may be needed for future reference or claims. This process helps protect you and the additional insured parties in case of liability issues.
Documents used along the form
The CG 20 10 07 04 Liability Endorsement form is an important document that provides coverage for additional insured parties under a commercial general liability policy. When utilizing this endorsement, several other forms and documents are often referenced to ensure comprehensive coverage and compliance with contractual obligations. Below is a list of these documents, each serving a specific purpose in the overall insurance framework.
- Certificate of Insurance: This document serves as proof of insurance coverage. It outlines the types of coverage, policy limits, and the insured parties. Typically requested by third parties, it assures them that the necessary insurance is in place before engaging in a contract or project.
- Additional Insured Endorsement: Similar to the CG 20 10 07 04 form, this endorsement expands coverage to additional parties. It specifies the rights of the additional insured and the scope of coverage, ensuring they are protected against claims arising from the named insured's operations.
- Indemnity Agreement: This contract outlines the responsibilities of one party to compensate another for certain damages or losses. It is often included in contracts to allocate risk and liability, complementing the coverage provided by insurance policies.
- Motor Vehicle Bill of Sale: A crucial document that serves as proof of the sale and transfer of ownership of a motor vehicle in Texas; for more information, refer to Texas Forms Online.
- Contractual Liability Endorsement: This endorsement modifies a general liability policy to cover liabilities assumed under a contract. It is particularly relevant when a party agrees to take on certain risks as part of a contractual arrangement, ensuring that the insurer will cover these liabilities.
- Exclusion Endorsement: This document specifies certain exclusions from coverage under the insurance policy. It is crucial for clarifying what is not covered, thereby preventing misunderstandings and disputes regarding liability and coverage limits.
Understanding these documents in conjunction with the CG 20 10 07 04 Liability Endorsement form is essential for effectively managing risk and ensuring that all parties involved are adequately protected. Each document plays a vital role in establishing clear expectations and responsibilities, ultimately contributing to smoother business operations.