What it does
Names an additional insured (for example, a co-owner or a land-contract seller) for its interest in the described location.
Who needs it
Rental properties owned jointly or with financing parties who need to be shown.
Quoting and selling notes
- For liability, the additional insured must also be added to the liability policy (DL 24 10 on the personal liability supplement).
Editions and availability
Current edition 12 02, replacing 07 88. Carriers adopt ISO editions state by state, so the edition on a given policy can lag the newest one.
Program notes
Dwelling policies are written for the property owner, not the occupant, and are the usual vehicle for landlords of one- to four-family dwellings. Because the forms carry no liability coverage, review every dwelling file together with DL 24 01 (or the homeowners or commercial policy that provides premises liability), and with any personal umbrella the client carries.
