1. EachPod

The Contract Catastrophe

Author
thecoverageforge
Published
Thu 28 Aug 2025
Episode Link
https://thecoverageforge.podbean.com/e/the-contract-catastrophe/

When Handshakes Meet Lawsuits: Why Your Unsigned Contract Review Could Cost Millions


In this inaugural episode of The Coverage Forge, we expose the hidden insurance trap that's bankrupting businesses across America—contractual compliance failures. Learn how a Wyoming contractor lost everything despite having insurance, simply because they never showed their contract to their agent.


We break down the critical disconnect between your conference room (where contracts are signed) and your insurance office (where coverage is bound), and why this gap creates catastrophic exposure. Discover the specific contractual requirements that commonly trigger claim denials: additional insured endorsements, waiver of subrogation, primary and non-contributory language, and more.


This episode delivers a practical 4-step action plan to ensure your insurance actually covers what you've promised in your contracts. You'll learn why contract review should be as automatic as getting legal approval, which red flags to identify before signing, and how to audit your existing contracts for compliance gaps.


Perfect for: Business owners, risk managers, CFOs, operations managers, and anyone who signs contracts on behalf of their company. Essential listening if you work in construction, manufacturing, professional services, or any industry with complex contractual obligations.


Key Takeaways:



  • Why 40% of commercial claims face disputes over contractual compliance

  • The real-world catastrophe that befell a Wyoming contractor

  • How to implement systematic contract-to-coverage verification

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