Contractual Liability Coverage

It is common in construction and other agreements (written or oral) for one party to assume” the liability of another. This is sometimes referred to as a “hold harmless” agreement. The extent to which one holds another harmless varies from contract to contract; job to job; etc. ??To assume the liability of another; regardless of extent; is a voluntary undertaking which increases your exposure to loss. A standard Commercial General Liability policy does cover this additional exposure subject to certain exclusions.”

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