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Should HOAs Take Out Construction Loans Just to Get Their Insurance Claim Paid?

Property Insurance Coverage Law

Thirty-four buildings take a beating. Your insurer acknowledges it. But you dont get paid by the insurer. Because even … The post Should HOAs Take Out Construction Loans Just to Get Their Insurance Claim Paid? appeared first on Property Insurance Coverage Law Blog. You report the damage.

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Should HOAs Take Out Construction Loans Just to Get Their Insurance Claim Paid?

Property Insurance Coverage Law

Thirty-four buildings take a beating. Your insurer acknowledges it. But you dont get paid by the insurer. Because even … The post Should HOAs Take Out Construction Loans Just to Get Their Insurance Claim Paid? appeared first on Property Insurance Coverage Law Blog. You report the damage.

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How is the Los Angeles Protest Affecting Insurance Claims?

Top Insurance Blogs

Over the weekend, anti-ICE protests erupted across Los Angeles, resulting in significant damage to businesses, vehicles, and buildings. Although the situation escalated, most of the damages caused are likely covered by insurance, according to experts. appeared first on My Top Insurance Blogs.

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Red Lobster Landlord Sues Insurer to ‘Clawback’ $1.2M Fire Claim Payment

Insurance Journal

The landlord for a fire-damaged building leased to a Red Lobster restaurant is blaming the restaurant’s insurer for causing it to lose out on $1.2 million in fire insurance claims payments to repair the property. RL New Brunswick Owner LLC, …

Claim 279
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Hurricane Helene Flood Insurance Claims and Elevated Building Issues? Refer to the Visual Flood Adjusters Use

Property Insurance Coverage Law

I have received numerous calls from furious Hurricane Helene policyholders after learning how little coverage is afforded for the non-elevated floor of a multi-story building under their flood insurance policies. Refer to the Visual Flood Adjusters Use appeared first on Property Insurance Coverage Law Blog.

Building 130
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Court Weighs in on Determining “Period of Restoration”

The Property Insurance Law Observer

State Farm Mutual Automobile Insurance Company , 2025 WL 416814 (9th Cir. Facts The insureds claim arose after multiple water leaks damaged its office. The insurer initially paid a certain sum for lost income due to the leaks.

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Avoiding Common Home Insurance Claims During Renovations

Mark Jackson Insurance Agency

However, amidst the excitement, it's crucial to undertake precautions to avoid common pitfalls that could lead to home insurance claims. This can lead to significant water damage, a common cause of home insurance claims. It's essential to ensure that your home insurance policy covers the new additions to your home.