June 18, 2008

Commercial General Liability (CGL) Insurance Policy for Alabama Contractors

Before commencing work on any construction project in Mobile, Alabama, you should purchase a commercial (a/k/a comprehensive) general liability (“CGL”) insurance policy. This type of coverage should insure your construction business from damages caused to others by an “occurrence,” as defined under the policy. Prior to selling your business a CGL insurance policy, your local insurance agent should explain to you the coverage afforded under the policy and its exclusions. Also, your local insurance agent should discuss appropriate coverage amounts. Local insurance agents are paid to help you insure your business. Insurance policies are complex documents that require professional help to clearly understand. Unfortunately, upon receipt of a claim, some insurance companies act in bad faith and fail to honor the terms of the insurance policy. If you receive an insurance claim "denial" consult with an attorney who has experience dealing with insurance coverage issues. Do not accept an insurance company's explanation of its insurance policy as accurate information.

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