KIA&B 2018 Vol 23 No. 4 | Page 12

| COMMITTEES’ CORNER | INSURANCE COVERAGE COMMERCIAL General Liability Most CGL policies exclude coverage of repairs or replacement for contractor’s own faulty work. Anybody insure a contractor that has an exposure to performing faulty work? I suspect most folks reading this do. Over the years, many claims involving faulty work performed by a contractor have been denied due to certain exclusions found in general liability policies. The most prevalent of these exclusions are known as the “your product” and “your work” exclusions. These exclusions remove coverage for losses that involve the contractor’s time, material, and work performed, but aren’t considered part of the “bodily injury” or “property damage” the contractor’s work caused. Here is the actual wording from most ISO Commercial General Liability (CGL) policies; Under the exclusions section, j.5 states, “That particular part of real property on which you or any contractors or subcontractors working directly or indirectly on your behalf are performing operations, if the “property damage” arises out of those operations.” Further, j.6 states, “That particular part of any property that must be restored, repaired or replaced because “your work” was incorrectly performed on it.” To put it in simplest terms, these exclusions endeavor to separate the bodily injury or property David Vogel Insurance Coverage Committee Member damage suffered by a 3rd party from the cost to replace or repair the contractor’s own work. To cover the cost to redo the contractor’s work would be indemnifying the contractor back to himself. An example would be if an HVAC contractor is installing a new furnace in a home and during the installation the contractor starts a fire and the house burns down. Included in the loss would be the cost to replace the new furnace. The CGL policy endeavors to pay for the property damage caused by the contractor (the house, contents, etc) but removes the furnace from the loss settlement. The furnace represents “that particular part of real property…” which is referenced in exclusion j.5. These exclusions can cause some real heartburn for contractors because it’s such a confusing limitation of coverage. Oftentimes, the majority of a “loss” can be excluded because of this wording in insurance contracts, and the contractor may have the expectation that his insurance company is going to fully indemnify his customer. It’s prudent to disclose this limitation in coverage to your clients and seek out coverage, if possible, to fill this gap. Perhaps a Contractors E&O policy can address this exposure or the CGL carrier will offer a small buy back in coverage to at least partially fill this gap.