Steve Grosso, Jim Teal and Adam Warner sat down with Monitor for this year’s roundtable where they covered their experiences from 2018, the technological advances they’re seeing disrupt the industry and both the trouble and potential that could be coming down the pipeline for the industry.
By Steve Grosso, Jim Teal & Adam Warner
LIABILITY INSURANCE: DOES YOURS COVER VICARIOUS LIABILITY FOR LEASED ASSETS?
Liability policies are standard procedure when leasing equipment, but not all policies will cover vicarious liability in the event of an accident caused by the lessee or require the same financial responsibility depending on the state. Jody Green and Bill Mulder provide a basic breakdown of when additional insurance may be necessary and the types of equipment that most need its protection.