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<br />, \ <br />j <br /> <br />SPECIAL NOTE REGARDING ADDITIONAL INSUREDS <br />General Liability coverage provided to a named insured (you) by an insurer could be modified to <br />extend to other parties. 'These other parties are commonly referred to as addftional insureds. <br />Modifications (endorsements) to the named insured's policy could be used to provide similar <br />benefits enjoyed by the named insured to the additional insured. Because of changes to these <br />endorsements, the additional insured may no longer enjoy the same benefits. Under these new <br />endorsements, liability that is based on the sole negligence of the additional insured may no <br />longer be covered. The State of Florida's Office of Insurance Regulation approved changes to <br />these policy endorsements effective July 1, 2004. <br /> <br />The absence of insurance coverage and the agreement to contractual terms may not free you of <br />the responsibility to pay on behalf of the additional insured liability arising out of their sole <br />negligence. <br /> <br />Florida law allows you to assume liability on behalf of another party by way of a contractual <br />agreement. In fact, the law allows you to assume the liability for suits that may be the result of <br />the sole negligence of the other party in the contract. In other words, contractually you would be <br />accepting and paying for claims that may arise from situations that are not even your fault. <br /> <br />While we are not necessarily aware of the individual contracts you may have entered into, we <br />feel it is our duty to notify you that there is a possibility you could have a claim that is not <br />covered by insurance. Our recommendation to you would be to have your contracts reviewed <br />by your attorney to determine if you have assumed such liability and what your legal options <br />are. <br /> <br />Brown & Brown of Florida - Miami Division <br /> <br />22 <br /> <br />Proposal No. 11-08-01 <br />