Park & Associates Inc Blog: liability
View the latest blog posts from Park & Associates Inc.
Tuesday, April 5, 2022Many condo owners ask why they need a condo policy for their unit when there is a Condo Association Master Policy. The master policy generally covers the building structure and its surrounding property. However, the master policy does not provide individual coverage for units and it’s recommended that a condo policy, known as a HO6, be purchased. READ MORE >>
Monday, April 5, 2021The request to be added to a General Liability policy as an additional insured is very common and in many cases the policy will provide a Blanket Additional Insured endorsement.
It is very important to understand the Blanket Additional Insured endorsement since with most endorsements a contract... READ MORE >>
Friday, August 7, 2020Cyber Liability coverage is a very important coverage for any business using computers, while storing any personal identifiable information. When purchasing a Cyber Liability policy, it is important to be sure that the policy includes coverage for cyber extortion and ransomware. READ MORE >>
Friday, May 22, 2020One thing that most anyone who has read how various insurance policies would respond to the Coronavirus pandemic can agree on is this… “pollution” is a tricky word to define. It is also the largest exclusion in most General Liability policies (with some small exceptions). READ MORE >>
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