General Liability Endorsements for subcontractors

Three primary endorsements to note when applying for General Liability, let's take a look at each in succession:

• Waiver of Subrogation (def: to put something in the place of another in respect of a right or claim)
• Example: A subcontractor drops a cigarette in a paper bin and the house is destroyed. The adjustor finds that the sub was the direct reason for the ruination. A waiver of Subrogation, signed in advance, insures that the insurance company will pay for damages, and not sue the sub for the damages. 
• The Sub endorses for the waiver to negate the carrier's lawsuit
• These are typically $100 each, but if not in force, damages that a sub causes will be impervious from litigation.
• Additional Insured:
• Example: A subcontractor is working for a General and leaves a roof exposed overnight. Rain causes drywall damage. If the general is sued, the Subs' policy, with an A/I endorsement, will negate the suit.
• What contracts require this and how many are typical? A/I's will lower premiums in the future of the General's GL policy, since less claims will be filed against the general's policy. In the case above, the Sub's GL policy covers, instead of the Generals'.
• Special Wording:
• Example: A company has an insurance policy that is used over the general contractor's policy for extra coverage, where the general's policy is then the excess coverage.
• What contracts require this and how many are typical? Often, bids for government jobs require special wording for subcontractors.