Cg2503 2025

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The document is an endorsement for a Commercial General Liability policy that establishes a separate General Aggregate Limit for designated construction projects. It outlines how damages and medical expenses related to ongoing operations at these projects are covered, specifying that payments under certain coverages will reduce the respective limits without affecting the overall General Aggregate Limit. Additionally, it clarifies the treatment of liability arising from products-completed operations and addresses scenarios involving project abandonment or deviations.

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We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

What does a per project aggregate endorsement mean?

So, if you have a $2,000,000 general aggregate limit with a per project aggregate, that means that you have $2,000,000 of coverage for each project you work on, subject to the each occurrence limit. If you have a per policy aggregate, that means that you only have $2,000,000 across all ten projects that you work on.

What is a CG 20 33 endorsement?

The CG 20 33 07 04 endorsement, entitled Additional Insured-Owners, Lessees or Contractors-Automatic Status When Required in Construction Agreement With You, provides coverage to any person or organization for whom you [the named insured] are performing operations when you and such person or organization have agreed

What is the best insurance for a contractor?

General liability insurance helps protect your contracting business from claims that it caused bodily injury or property damage to someone else. Commercial property insurance helps protect the owned or rented building, tools, equipment, inventory and materials that you use to operate.

What is a cg 25-03 endorsement?

Common Endorsement: Designated Construction Project(s) General Aggregate Limits (CG 25 03) This endorsement was designed to make a separate general aggregate limit available for each construction project/site that the insured was involved in and listed in the endorsement.

What is a cg2503 endorsement?

The CG 25 03 endorsement establishes a separate aggregate limit of liability for covered losses pertaining to a specific construction project, protecting the policys overall limit.