Bottoms up! Or, said otherwise, let’s start with the bottom line. ON BALANCE, you’d rather be an additional insured on someone else’s liability policy, not an additional named insured. For one, it isn’t even clear what is meant by “additional named insured.” There is a named insured and there is an additional insured. There are also some people who are automatically insured. Read the rest of the article here.

Many companies engage in business relationships with other firms. These relationships may create the risk of lawsuits.  Negligence committed by one company may trigger a lawsuit against the other. This article explains why additional insured coverage is needed. Read the rest of the article here.

One of the most commonly found clauses in any construction contract is the requirement of one party to name another party as an additional insured. It is found in The American Institute of Architects (AIA) documents, the Consensus DOCS and was inserted in almost all manuscript agreements. Read the rest of the article here.

The insurance industry has several ways of providing evidence of insurance. With automobile insurance for example, the Department of Motor Vehicles accepts automobile ID cards as proof of insurance when registering a vehicle. Mortgage companies and banks often only accept insurance binders. Businesses and contractors are usually issued certificates of insurance as proof of coverage. Read the rest of the article here.

Blanket additional insured endorsements often require examination of a contract between the named insured and the purported additional insured, as many of these endorsements provide insured status contingent on the named insured being required by contract to add the person or entity as an additional insured to an insurance policy. As shown by a recent Court of Appeals decision in Washington, where additional insured status is sought under an excess or umbrella policy, this analysis should include the exact type of insurance required in the insured’s contract. Read the rest of the article here.