What does Coordination of Coverage mean? Read on to discover the definition & meaning of the term Coordination of Coverage - to help you better understand the language used in insurance policies.
Coordination of Coverage
The process of reviewing and possibly modifying the scope or nature of coverage provided by an insured's various liability policies to eliminate gaps or overlaps. For example, if an insured has an occurrence-based commercial general liability (CGL) policy and an umbrella policy written with a claims-made trigger, coverage gaps could result. Coordinating coverage in this instance might involve replacing the umbrella policy with an occurrence form.
We hope the you have a better understanding of the meaning of Coordination of Coverage.