We have provided a fun video which at the end answers the question: Are associations covered for incidents off-premises?
YouTube link: https://youtu.be/JZcU4HmkZIw
Deborah Gerelli, CIRMs from Gerelli Insurance Agency, Inc. answers:
“Some associations may sponsor off-premise trips and/or events. In this case, not all insurance policies are created equal. If the associations policy includes a “designated premise” endorsement than there is NO liability coverage for off premise events unless the location is specifically listed. However, if the association purchases a policy that does NOT have that endorsement, then liability coverage extends beyond the association’s address. Keep in mind that the insurance companies will require that the off premise transportation be subcontracted and the risk transferred.”
Deborah Gerelli Gerelli Insurance Agency, Inc. Cold Spring, NY 10516 (845) 265-2220 • www.gerelli-insurance.com • firstname.lastname@example.org
Raymond Dickey AssociationHelpNow Brainerd Communications, Inc. www.AssociationHelpNow.com
Answers and advice do not constitute legal or other professional advice. Consult your regional or state legal, accounting and other professionals to assess any situation before taking action.
2021 12 07 AHN WEB