Cg2001 2025

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  1. Click ‘Get Form’ to open the cg2001 endorsement in the editor.
  2. Review the title and ensure you understand that this endorsement modifies your policy. Familiarize yourself with the Primary and Noncontributory Insurance section.
  3. Locate the fields related to additional insureds. Ensure that any additional insureds are clearly identified as Named Insureds under other insurance policies.
  4. If applicable, include any written agreements or contracts that specify your insurance will be primary and will not seek contribution from other insurances.
  5. Once all necessary information is filled out, review your entries for accuracy before saving or exporting the completed form.

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There is also a risk of being under-insured or uninsured as additional insureds. Second, there is the risk of breaching a contract, thus potentially becoming the insurer of the other party when they are the party obligated to provide additional insured coverage.
The CG 20 10 covers the additional insured with respect to liability caused by your ongoing operations. Ongoing operations does not include completed operations. Therefore, the current form CG 20 10 does not include completed operations coverage for the additional insured.
Defense Coverage: The main reason shippers want to be named as additional insured is for defense coverage. If a legal issue arises (like a lawsuit), they want to be assured that the freight brokers insurance will cover their legal defense.
A non-contribution clause, also known as an escape clause, is designed to prevent the insurer from contributing where another insurance has been triggered. Such clauses can be effective.
As important as stipulating the amount of liability insurance to carry is the requirement that the lender be named as an additional insured on the borrowers policy.

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A policy with a primary and noncontributory endorsement ensures that it takes precedence over other policies and provides the initial insurance coverage in the event of a claim. Only after the policy limits have been fully utilized will other insurance policies involved in the claim begin to contribute.

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