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1 month ago · by · Comments Off on ADDITIONAL INSURED – Additional insured endorsement allows a person or organization to enjoy the benefits of being insured under an insurance policy, in addition to whoever originally purchased the insurance policy.

ADDITIONAL INSURED – Additional insured endorsement allows a person or organization to enjoy the benefits of being insured under an insurance policy, in addition to whoever originally purchased the insurance policy.

Additional insured endorsement allows a person or organization to enjoy the benefits of being insured under an insurance policy, in addition to whoever originally purchased the insurance policy.

It is beneficial for a party to be covered as an additional insured on the policies of other parties because it allows the additional insured to file a claim if sued under the named insured’s policy. This will reduce the loss history of the additional insured and lower its premiums. The losses will be posted against the policies of the party providing the additional insurance and their premiums will rise accordingly.

Another benefit is the additional insured will be notified of intent to cancel or cancellation at the same time as the named insured.

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Texas Commercial Liability Services
John Wycoff

615 E Abram St Suite C
Arlington, TX 76010

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