Legal Question in Real Estate Law in Georgia

I guess I didn't get to my point... If a tenant had a liability suit against the owner (us) and the property manager what is the purpose of the "additional insured" in legal issues.

I own rental property. My property manager is requiring me to add them to the "additional insured" for the insurance policies. I have read the reasoning for it and see how it would work and agree with it, however my insurance company refuses to do this. They have their legal reasons...And it's not as simple as to change insurance companies as I have an outstanding policy that is grandfathered in right now and I would not be able to insure it for the outstanding coverage I have now.


Asked on 3/19/12, 10:22 am

1 Answer from Attorneys
Glen Ashman Ashman Law Office also dba Glen Ashman Attorney

The answer is exactly the same as before. You do not have a legal problem. You do have an insurer you have to fire. Reputable insurers have no problem adding a property manager as an additional insurer. If your agent is incompetent you do not have "outstanding" coverage.

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Answered on 3/19/12, 3:27 pm


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