What is the definition of Completed Operations Coverage?

Completed Operations Coverage provides the business owner with protection against liability due to property damage or bodily injury for a completed job. This primarily protects businesses that provide a service from claims that may be made by their customers.

For example, a contractor builds a house for his client. Several months later, a portion of the roof falls down and causes injury to the client. Upon investigation, it was discovered that the contractor failed to properly attach some roofing materials that caused a portion of it to collapse. The client may sue for damages that he incurred because of a completed product that the contractor provided.

The coverage has the condition that the damage or injury must happen in another place aside from the business owner's place of business. The only exception to this is that the business involves the sale and distribution of the product to be used or eaten within the premises (like in a restaurant).

• Reinstatement
• Registered Principal
• Liquor Liability
• Businessowners Policy (BOP)
• Directors and Officers Liability Insurance