Primary and Noncontributory Wording: Avoid Insurance Disputes Now
Let's address a critical aspect of insurance contracts that often leads to costly disputes: primary and non-contributory (PNC) wording. Understanding this clause is crucial for contractors, property owners, and insurance professionals alike to ensure smooth claims processing and avoid protracted legal battles. This guide provides a clear, actionable framework for navigating PNC endorsements effectively. What are Primary and Non-Contributory (PNC) Endorsements? Imagine this scenario: a contractor damages a property during renovations....