What does it mean when your Motor Carrier asks to be listed on your insurance policy as Additional Insured?
In our world of Expediting this is usually requested on the Commercial Auto policy.
When an Owner Operator lists a Motor Carrier as “Additional Insured”, it means the Motor Carrier has certain direct “rights” to that policy. For example, it allows the Motor Carrier to have first dollar Defense costs paid up front in the event they are drawn into a legal battle.
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In our world of Expediting this is usually requested on the Commercial Auto policy.
When an Owner Operator lists a Motor Carrier as “Additional Insured”, it means the Motor Carrier has certain direct “rights” to that policy. For example, it allows the Motor Carrier to have first dollar Defense costs paid up front in the event they are drawn into a legal battle.
READ MORE...