General Liability Insurance Policies and What You Need to Know to Keep Customers Safe — Jared Banes - a podcast by Brett Sutton, ESQ.
from 2020-06-02T01:54:59
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Jared Banes is a Reno native and a fully-licensed insurance broker specializing in commercial insurance. He currently holds a Construction Risk and Insurance Specialist (CRIS) designation. Jared shares what business owners need to look out for in their general liability policies and to really read the fine print when renewal comes around because insurance companies may be putting in language that could limit your COVID-19 coverage.
Highlights:
- Now that things are opening back up. What happens if you have a visitor in the facility?
- How do general liability policies protect businesses?
- Every claim will be unique, but Jared hopes to help provide you with a starting point.
- What classifies as ‘bodily injury’ inside your insurance policy?
- There will be a pollution inclusion in your general liability policy.
- COVID-19 is a virus, not a bacteria or mold, so you might not fall under a ‘mold exclusion.’
- Because each policy is different, you want to identify if yours has a mold or disease exclusion.
- Some insurance companies are allowing for insurance changes during the crisis.
- Make sure your insurance company is not adding exclusions that might limit coverage for COVID-19 during your renewal.
- Make sure you’re following your local state and federal guidelines as you begin opening your doors to the public.
- Document what you’re doing. Be proactive.
Resources:
Further episodes of CalNeva Law Podcast
Further podcasts by Brett Sutton, ESQ.
Website of Brett Sutton, ESQ.