Commercial General Liability (CGL) class code 96872 is for jetty or breakwater construction. This code covers businesses that construct or maintain jetties or breakwaters. Jetties and breakwaters are structures that are built in the water to protect shorelines from erosion and to provide safe harbors for ships.
The services that are typically covered under CGL class code 96872 include:
- The construction of jetties and breakwaters
- The maintenance of jetties and breakwaters
- The removal of debris from jetties and breakwaters
- The repair of jetties and breakwaters
- The dredging of channels around jetties and breakwaters
CGL insurance for jetty or breakwater construction provides coverage for bodily injury, property damage, and advertising injury claims. Bodily injury claims are those that are made by someone who is injured as a result of the jetty or breakwater construction company's negligence. Property damage claims are those that are made by someone who has their property damaged as a result of the jetty or breakwater construction company's negligence. Advertising injury claims are those that are made by someone who has their reputation damaged as a result of the jetty or breakwater construction company's negligence.
CGL insurance for jetty or breakwater construction is an important part of protecting your business from financial losses. If you are a jetty or breakwater construction company, it is important to have CGL insurance in place. This will help to protect you from the financial costs of lawsuits and claims.
Here are some additional things to keep in mind about CGL insurance for jetty or breakwater construction:
- The coverage limits of your CGL insurance policy will determine how much you are covered for in the event of a claim. It is important to make sure that your coverage limits are high enough to protect your business.
- Your CGL insurance policy may have exclusions that will not cover certain types of claims. It is important to read your policy carefully to understand what is and is not covered.
- You may need to purchase additional coverage, such as pollution coverage or errors and omissions coverage, to fully protect your business.
If you are a jetty or breakwater construction company, it is important to speak with an insurance agent to get a CGL insurance policy that meets your needs.