Tell us before the change, not at renewal. Limits, locations, vehicles, and coverages are all adjustable mid-term by endorsement. The reason to do it in advance is that several lines are audit-rated, so payroll and revenue are trued up after the term and an unreported increase arrives as an audit bill. A new location, a new vehicle, or a new service line can also fall outside the coverage as written until it is added. Most of what goes wrong here is timing rather than coverage.
Related FAQs
Not typically, since the property portion generally excludes them. Those may be arranged separately, and we can discuss options.
Growth in revenue, locations, vehicles, or property, or a change that affects eligibility, are common signs. We will review whether a CPP fits better.
Yes, that flexibility is a key reason businesses choose a CPP. We will help you decide what to include.
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