Masonry Magazine February 1980 Page. 40
COVERAGE CHECK LIST
GENERAL LIABILITY continued from previous page
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1. Broad Form Property Damage Liability Coverage amending the "Care, Custody, Or Control" Exclusions.
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2. Personal Injury Liability Coverage, Including Employees' Claims.
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3. Owned or Non-Owned Aircraft Coverage.
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4. Coverage for Newly Formed or Acquired Entities.
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5. Adequate notice of cancellation by carrier.
AUTOMOBILE LIABILITY
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1. New Comprehensive Policy Form (as of 7/1/78).
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2. Limits of liability consistent with General Liability Coverage.
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3. Medical Payments Coverage; Designated Persons Coverage.
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4. Uninsured Motorists' Coverage.
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5. Use of Other Automobiles Coverage Requirements-Limited Form, Broad Form.
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6. No-Fault Benefits.
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7. Non-Ownership Liability-Partnerships.
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8. Complete and accurate schedule of vehicles, garage locations, vehicle weights, radius of use-additional units picked up at audit.
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9. Additional Insureds-Lessors.
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10. Coverage for Newly Formed or Acquired Entities.
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11. Adequate notice of cancellation by carrier.
AUTOMOBILE PHYSICAL DAMAGE
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1. Fleet Automatic Coverage (5 or more power units).
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2. Distinct coverages and deductibles by classification of automobiles.
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3. Comprehensive Coverage-Actual cash value-State amounts-Deductibles.
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4. Collision Coverage-Deductibles.
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5. Complete and accurate schedule of vehicles, garage locations, values.
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6. Leased Automobiles Coverage.
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7. Adequate notice of cancellation by carrier.
UMBRELLA EXCESS LIABILITY
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1. Complete and accurate schedule of underlying Primary Liability Policies.
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2. Minimum underlying policy limit requirements.
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3. Status of Following-Form Excess Limitations-Contractual Liability, Completed Operations, "Care, Custody, or Control" Property Damage, Explosion, Collapse, Underground Damage, Others.
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4. Status of "Wrap-Up" exclusions or limitations.
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5. Status of Joint Venture exclusions or limitations.
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6. Primary Defense Coverage not provided by underlying policies.
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7. Amount of self-insured retention.
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8. Fire Legal Liability Coverage.
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9. Owned, Non-Owned Aircraft Coverage.
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10. Owned, Non-Owned Watercraft Coverage.
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11. Adequate limit per occurrence, aggregate limit.
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12. Adequate notice of cancellation by carrier.
CONTRACTOR'S EQUIPMENT FLOATER
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1. Protection for interest of lessors.
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2. Provision for newly acquired equipment.
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3. Provision for rented equipment.
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4. "All-Risk" Perils.
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5. Deductibles applicable.
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6. On-Premises coverage.
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7. Equipment in Transit coverage.
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8. On-Jobsite coverage.
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9. Report of value requirements to be followed.
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10. Complete and accurate inventory of current equipment.
BUILDER'S RISK
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1. Policy requirements in contract specifications.
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2. Specified-Peril versus "All-Risk" coverage.
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3. Responsibility for loss deductible.
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4. Coverage for water damage.
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5. Coverage for equipment in transit responsibility.
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6. Waiver of subrogation against mason contractor, subject to Builder's Risk carrier approval.
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7. Complete and accurate names of all insureds.
INSTALLATION FLOATER
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1. "All-Risk" coverage including water damage.
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2. Deductibles applicable.
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3. Coverage for materials and equipment in transit.
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4. Coverage to operate as excess over any applicable Builder's Risk insurance.
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5. Report of values or gross receipts requirements to be followed.
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6. Complete and accurate names of all insureds.
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7. Acceptability of certificates of Installation Floater coverage in lieu of Builder's Risk.
CERTIFICATE REQUIREMENTS
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1. Certificates of insurance from all Subcontractors and Suppliers, with provision for adequate notice of cancellation.
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2. Certificates of Automobile Liability Insurance from all employees regularly using personal vehicles for business purpose.
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3. Certificates of insurance from lessors of automobiles or equipment, where lessor provides insurance.