As economic problems continue, insurance industry experts say there still is plenty of financial capacity to insure, but some firming of insurance markets already is taking place. The next two years could see a tightening of pricing and terms with more disciplined underwriting.
Now is the time to take a look at your commercial general liability (CGL) policy. There are several areas where you still may be able to broaden your coverage beyond the standard Insurance Services Office (ISO) endorsements.
Who is an insured
Review your policy for complete details but, generally speaking, Section II of the CGL—Who Is an Insured—covers the following: