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(888) 553-0021
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Phoenix Arizona
Contractor Insurance Glossary
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Supplementary Payments
A turn use in liability policies for the costs associated with the investigation and resolution of claims. Supplementary payments are normally defined to include such items as first aid expenses, premiums for appeal and bail bonds, pre-and post-judgment interest, and reasonable travel expenses incurred by the insured at the insurer's request when assisting in the defense of a claim. Actually settlements/judgments are considered damages rather than supplementary payments. Attorneys' fees may be considered as either damages or supplementary payments, depending on the policy. Commercial general liability (CGL) and business auto liability policies cover supplementary payments in addition to their limits of liability.
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Call us at (888) 553-0021 or
contact us for answers to your Phoenix AZ contractor insurance questions.
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Tell Us About Your Operations
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Work Percentage
(Must Equal 100%)
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Provide detailed description of your contracting
operations. The more complete the description, the more accurate your quote will
be.
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