T&T: Named vs. Named as additional insured.
Greg Bowers
gregb at jgbowers.com
Wed Jan 2 11:13:55 EST 2008
Thought I would weigh in here. I'm sure other professionals are able to add
to this as well but what I suspect is that most would want to be 'named' at
the very least so that they would receive notifications. Policy expiring,
premium unpaid notices etc will go to the parties 'named'. A law suit
against the insured would also involve the 'named insured' (if the marina
got sued, then you could be liable to the limits of your policy as well) but
it would not involve the 'named' party.
Greg
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