What exactly does it mean when the coop is named as additional insured on a certificate of insurance for a contractor doing work on a shareholders apartment?
Our board has a situation where work being performed in an apartment caused damaged to another apartments walls and floors.
The shareholder of the damaged apartment feels that because the coop is named as additional insured it should cover the balance of the damages that their coop owners policy does not cover because it is an additional insured and then look to recover from the contractor.
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