The Five-Gate Coverage Check
Apply a repeatable five-gate check before forming a preliminary coverage view.
A rented compressor worth $18,000 disappeared from a jobsite overnight. The operations team wants to know whether to promise the rental company that insurance will pay. Five gates: insured -> timing -> coverage grant -> exclusions -> conditions and limits. The common trap is answering from a familiar phrase like "rented equipment" before checking who is insured, when the loss happened, and which endorsements modify the form. Insured Confirm whether the named insured or an additional insured has responsibility for the rented compressor under the rental agreement. If the party seeking coverage has no insured status or responsibility, the rest…
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