If your business signs contracts with customers, landlords, property managers, or general contractors, you’ve likely been asked to add someone as an Additional Insured. While this request is common, many business owners don’t understand what an Additional Insured endorsement actually does. At Prosperity North Advisors, we review contract insurance requirements every day and help clients ensure their policies satisfy contractual obligations without creating unnecessary surprises.
Topics Covered
- What is an Additional Insured?
- Why contracts require it
- Additional Insured vs. Certificate Holder
- Blanket vs. Scheduled endorsements
- Primary & Non-Contributory wording
- Waiver of Subrogation
- Common contract requirements
- Common mistakes
- Risk transfer strategies
- Annual contract reviews
PNA Pro Tip
Never assume a Certificate of Insurance alone satisfies a contract. Many agreements require specific policy endorsements that must be issued by your insurance carrier.
Call to Action
Need help reviewing contract insurance requirements? Prosperity North Advisors can review your agreements, explain endorsement requirements, and help ensure your insurance program supports your contractual obligations.
About Prosperity North Advisors
Prosperity North Advisors specializes in commercial insurance for assisted living facilities, pest control companies, contractors, and service-based businesses across the United States.