What is another insured?

The term "other insured" concerns the coverage of the insurance provided if the circumstances require someone other than the policy owner to take advantage of the coverage. The policy owner is insured and this policy specifically states circumstances under which people will be included other than the politics owner. The car owner will ensure insurance coverage and policy will normally cover all legally licensed drivers that the owner allows to operate the car. Without this provision, it would be very complicated to provide a vehicle for employees for the company, because the employee would have to obtain separate insurance coverage for the period of spent by the employer's vehicle. Moreover, it would be almost impossible for private owners to allow anyone else to drive their cars. A related problem is the requirement that some lien holders are appointed as further insured in case of loss.

Another insuredThe provisions are also commonly found in property and victims insurance. For example, someone who rents a property will often be required to obtain the victims and appointment of the landlord as another insured. Therefore, if the person is injured on the assets, the lessee sues for negligence and adds the landlord to the action, the lessee will cover the landlord's liability. Likewise, the owners of real estate who have taken a mortgage for the purchase of real estate are usually obliged to obtain the homeowner insurance and name the creditors as another insured.

Insurance contracts on commercial general liability (CGL) almost always have another insured provision. For example, the CGL policy may be appointed as other insured all officers, employees and agents of the company that cover them for any act that performs a perform in a normal survey of their duties. However, such coverage does not apply to acts outside employment or business relationship. For example, CGL's policy could name all PRodejce as another insured and thus cover sales agents for liability for the company's product. However, sales agents that cause liability as a result of other actions that are not associated with the sale of the company's products cannot count on covered CGL policy.

This type of coverage is not the same in all cases and Emdash; Many politicians clearly explain the limits of such coverage. Therefore, the best instructions are always to read specific policy conditions in determining the scope of coverage of other insured and whether it is necessary to obtain further coverage.