____1.

Building coverage?

____2.

Business Personal Property coverage?

____3.

Consider adding spoilage, EDP, ordinance or law, utility services, earthquake, commercial condo unit-owners optional coverage, hired and nonowned auto liability, newly acquired organizations, money and securities, employee dishonesty, or mechanical breakdown coverages.

____4.

Deductible amount.

____5.

Percent of annual increase.

____1.

Valuation: replacement cost or actual cash value?

____2.

Standard property form? (Basic, Broad or Special)

____3.

Specialty (carrier proprietary) property form?

____4.

Review property not covered clauses and provide for separate insurance on any of this type of property that should be insured.

____5.

Review for any new building or renovation plans scheduled for the policy term and determine coverage needs.

____6.

Flood coverage?

____7.

Flood deductible.

____8.

Surface water and sewer back-up covered?

____9.

Earth movement coverage?

____10.

Earth movement deductible.

____11.

Building ordinance or law coverage limit, including increased cost of construction?

____12.

Off-premises power failure, including overhead transmission lines?

____13.

Review exclusions.

____14.

If building is leased, is the insured's interest in leasehold improvements accurately insured?

____1.

Valuation: replacement cost or actual cash value?

____2.

Standard property form? (Basic, Broad or Special Causes of Loss) 

____3.

Special (carrier/proprietary) property form?

____4.

Review definition of business personal property.

____5.

Review property not covered clauses and limitations and determine if any increases in additional coverage limits are needed.

____6.

Flood coverage?

____7.

Flood deductible.

____8.

Surface water and sewer back-up covered?

____9.

Earth movement coverage?

____10.

Earth movement deductible.

____11.

Off premises power failure, including overhead transmission lines, coverage?

____12.

Review exclusions.

____1.

Debris removal limit.

____2.

Review preservation of property coverage and

Fire department service charge limit.

____3.

Review collapse coverage, what is covers and what it doesn't.

____4.

Review water damage, other liquids, powder, and molten material damage coverage.

____5.

Review business income coverage, and extended business income coverage.

____6.

Review extra expense coverage.

____7.

Limit of pollutant clean-up and removal coverage.

____8.

Review civil authority coverage.

____9.

Review money order and counterfeit currency coverage.

____10.

Review forgery and alteration coverage.

____11.

Review increased cost of construction coverage.

____12.

Review exterior glass expenses coverage.

____13.

Review business income from dependent properties coverage.

____14.

Review fire extinguisher systems recharge expense coverage.

____15.

Review electronic data coverage and limit.

____16.

Review interruption of coverage operations coverage.

____17.

Review limited coverage for fungi and wet or dry rot.

____1.

Review coverage for personal property at newly acquired locations.

____2.

Review coverage for personal property off-premises.

____3.

Review coverage for outdoor property.

____4.

Review coverage for personal effects.

____5.

Review coverage for valuable papers and records.

____6.

____7.

Review coverage for accounts receivable.

Review coverage for business personal property temporarily in portable storage units.

____1.

Have values been checked for accuracy/insurance-to-value?

____2.

Is current property appraisal on file and used to set limits?

____3.

Are sprinkler credits current and all systems remain in open position?

____4.

If more than one policy covers the same property, are all terms and conditions of coverage identical and does the total coverage amount of all contributing policies equal 100 percent of the property values?

____5.

Is insured complying with requirements of any protective safeguard endorsements that are attached to the policy?

____6.

Do the policies reflect all insured interests properly?

____7.

Are mortgage and loss payee interests listed properly?

____8.

Is separate crime coverage carried, or is the insured relying on this policy for that coverage?

____9.

Review need for additional crime coverages; computer fraud, employee dishonesty, etc.

____10.

Are possible rating credits or rating plans properly applied?

____1.

Type of business.

____2.

Operations exposures?

____3.

Premises exposures?

____4.

Does the insured have any worldwide exposures?

____5.

Is the limit of liability adequate?

____6.

Obtain premium and loss information for the current experience period, including reserves for open claims. Obain specific information on all large and open claims.

____7.

Umbrella coverage should be considered.

____8.

Has the insured ever filed for bankruptcy?

____9.

Has the insured ever been cancelled or nonrenewed? 

____1.

Are all necessary additional interests named in the policies? Consider such interests as parties with a contractual interest calling for insurance on their behalf, landlords or tenants, as well as affiliated or subsidiary companies, individual partners, or joint ventures. Are appropriate certificates of insurance provided to all additional insureds who require them?

____2.

When additional interests are included, has proper endorsement been used, showing the actual interest and properly limiting the coverage to the intended interest only?

____3.

Check for possible conflict between additional insured's status as an insured and as named insured's indemnitor under a hold-harmless agreement.

____4.

Are there care, custody, or control property damage liability exposures as to premises? As to personal property? 

____1.

If insured depends on suppliers  vendor's coverage for products liability protection, are proper certificates of such insurance obtained? Is the vendor's products coverage adequate as to limits of insurance? Does insured handle other products outside the scope of the vendor's form? Do the insured's activities include handling of the products (e.g., repackaging or relabeling)? Should insured's own products coverage be provided instead of, or in addition to, the vendor's coverage?

____2.

Does insured have a foreign products liability exposure? If so, is the definition of policy territory broad enough to cover this exposure? (Note that under basic CGL provisions product must have been sold in the United States, its territories or possessions, or Canada, and suit must also be brought there.)

____3.

Does the insured with no other obvious product liability exposures have an exposure for the miscellaneous or occasional sale of property, such as the sale of a motor vehicle, boat, airplane, building, office, or plant machinery or equipment? Is product liability coverage provided for this exposure?

____1.

What contracts does the insured have under which the insured may have assumed liability (insured contracts) for the actions of others? Are any certificates of insurance required? Have they been furnished?

____2.

For any hold harmless agreements discovered, does the indemnitor provide liability insurance or only indemnify after other party has paid for defense and judgment?

____3.

For other parties agreeing to hold harmless, are policies or certificates of insurance required? If so, have they been furnished? Do they show coverage in accordance with the contracts requirements?

____1.

Do the insured's operations include performance of any kind of professional services? On a regular or incidental basis? By employees or by others on insured's behalf? For employees or others?

____2.

Is the professional liability exposure covered by the BOP or available endorsement? 

____1.

Does insured have a liquor liability exposure? If so, is adequate dram shop or liquor liability insurance provided to cover this exposure? Consider in this regard the dram shop or liquor liability situation of the individual state(s) of insured's operations, to determine what coverage is appropriate.

____1.

Does insured sponsor sports teams or other activities involving employees or other nonemployee participants? If so, does the liability insurance recognize and cover such sponsorship? Is athletic teams medical payments coverage called for?

____2.

Does the insured have medical payments coverage?

____3.

Partners, officers, directors, or employee benefit trustees may be exposed to liability claims by employees, other partners, officers, or directors, stockholders, or others, not covered by the general liability insurance. Is directors and officers liability or fiduciary liability coverage provided against these exposures? Do any insureds serve in a business capacity as officers, directors, or trustees of other organizations? Are they protected by that organization's D&O or fiduciary liability coverage? If not, do they or should they have individual coverage to protect against these exposures?

____4.

Does insured have any aircraft, watercraft, or automobile exposures, even as little as occasional nonowned or hired exposures? What is done to cover such exposures?

____5.

Does the insured operate any nuclear facility to which the nuclear exclusion applies? Has insured provided necessary separate coverage for this exposure? With maximum available limits?

____6.

Has liability for punitive damages been considered?

____7.

Is insured engaged in any gas, oil, or other underground operations?

____8.

Does insured have a pollution liability exposure? Is environmental impairment liability insurance provided? Is it obtainable for this insured? With adequate limits? Can and should it be offered?

____9.

Does the insured lease employees? Does the insured use volunteers? 

____1.

Does the insured have an active and effective loss control program? If not, is the insured receptive to such a program, with help and guidance from the insurer?

____2.

Has the insured established and maintained adequate records in areas affecting insurance coverage and loss control? If not, a genuine service can be rendered by including in the survey recommendations for adequate record maintenance. This is especially important for insureds with potentially long tail product or professional liability exposures that may require documentation of past coverages or practices long beyond the time that most records are normally kept.

____1.

What property losses has the insured had in the last three years?

____2.

What liability losses has the insured had in the last three years?