Keep in mind that a lawsuit may be filed in the future for injuries or damage sustained by a vehicle sold in an accident that happens after the liability policies on the discontinued operations have terminated. The fact that your client sold the vehicle while the policies were in force does not trigger coverage under those policies. The trigger date is the date of the accident.

 

If you have a client that has continuing operations, be sure they keep the discontinued operation named on their garage liability, umbrella, employment practices and pollution policy for the foreseeable future. If not, you need to secure a discontinued operations policy for them.