Liability Extending Over Seas?

May 17, 2016

  1. insurance1822
    Offline

    insurance1822 Guru

    Posts:
    1,635
    Likes Received:
    25
    State:
    Alabama
    Is it a standard that carriers WILL NOT extend coverage outside of America, it's territories/possession & Canada?
     
  2. LA_Exec
    Offline

    LA_Exec Expert

    Posts:
    20
    Likes Received:
    0
    State:
    California
    In my experience, most standard carriers will not. So many factors go into your question. The type of risk itself, the current geo political climate of where the insured needs to operate. The duration of the insured operating overseas. ACE (now Chubb) has a product I believe for insureds that need to travel overseas for a period. If you can give more insight into the operations of your client. That would be helpful.
     
    LA_Exec, May 17, 2016
    #2
  3. InsCommentary
    Offline

    InsCommentary Guru

    Posts:
    432
    Likes Received:
    112
    Liability under what policy?
     
  4. insurance1822
    Offline

    insurance1822 Guru

    Posts:
    1,635
    Likes Received:
    25
    State:
    Alabama
    under home & auto.

    chubb does & so does Encompass (except they won't extend coverage to mexico.)
     
  5. InsCommentary
    Offline

    InsCommentary Guru

    Posts:
    432
    Likes Received:
    112
    Most HO policies provide worldwide liability coverage. Most personal auto policies limit the territory to the U.S., territories and possessions, Puerto Rico, and Canada.
     
  6. Dave864
    Offline

    Dave864 Expert

    Posts:
    25
    Likes Received:
    0
    Safeco umbrella will cover worldwide but won't cover liability at international properties owned by the insured.
     
    Dave864, May 19, 2016
    #6
  7. Matt37
    Offline

    Matt37 Super Genius

    Posts:
    188
    Likes Received:
    1
    State:
    Florida
    on the commercial side.. yes it is a standard exclusion .. UNLESS suit is brought in the US.. then its covered.
     
    Matt37, May 20, 2016
    #7
Loading...