March 15, 2010

Our insured is classified as a property manager and has endorsement CG 22 70 (real estate property managed) attached to his general liability policy. He is the property manager for a condo building at one location and his office premises is at a separate location. In this incident, the insured hired a company to clean the roof at the condo building. The company installed meshing over the vents at the condo, the vents backed up, and water damage occurred to three of the condo units.

Our question deals with the endorsement. The first paragraph of CG 22 70 removes coverage for property damage to property that the named insured operates or manages. Yet, the second paragraph seems to give it back on an excess basis. Can you please clarify the coverage offered by the endorsement?