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A searchable list of General Liability industry codes for finding the best GL ISO classification codes.
General liability class codes are a group of numbers that insurance companies use to classify a business’ industry risk. This classification system can help determine rates, coverage and exclusions for general liability insurance. Learn more about GL class codes from The Hartford.
8 lis 2019 · Stated differently, the 5-digit code included on all ISO classifications first tells the insured how the insurer views them in a general manner—that is, whether the insurer considers the insured to be engaged in manufacturing or processing, contracting or servicing, mercantile, etc.
General liability class codes for commercial insurance are codes of numbers that insurance companies use to classify businesses into categories of risk level and to help them find the correct rates, coverages, and exclusions for a general liability insurance policy.
It is intended to provide a general overview of the program described. Please remember only the insurance policy can give actual terms, coverage, amounts, conditions and exclusions. Program availability and coverage are subject to individual underwriting criteria.
11 sty 2023 · General liability class codes help insurers determine how risky a particular type of work is so they can set an appropriate premium rate, offer the correct coverage and determine any exclusions or endorsements that might be needed.
18 lip 2023 · General liability insurance class codes, or classification codes, are numbers that insurers use to classify a business’ industry risk based on the primary type of work it performs. Insurance companies also use general liability class codes to determine the premium, offer the correct type of coverage, and decide on any exclusions, if necessary.
