The Property Insurance Law Observer

AUGUST 22, 2024

For the purpose of this Additional Coverage – Collapse, abrupt collapse means an abrupt falling down or caving in of a building or any part of a building with the result that the building or part of the building cannot be occupied for its intended purpose. LEXIS 127718 (D. 629 F.Supp.2d 2d 1185 (D.

Building 130

Building Commercial Property Damage Policy 130

Scott Insurance

FEBRUARY 19, 2025

Rehabs expose developers to heightened risks and, subsequently, higher insurance costs due to the complexities of simultaneously managing the property being rehabbed and the existing structures, e.g. any property not under construction (whether occupied or unoccupied). Consider a scenario where a rehab is underway.

Underwriter 52

Underwriter Underwriting Insurance Insurer 52

The Property Insurance Law Observer

SEPTEMBER 16, 2024

The 6th Circuit held that the property policy’s cosmetic damage exclusion applied to bar coverage because the insured, J&S Welding, Inc. Insured”), failed to disclose or produce any expert evidence to rebut the conclusions of the West American’s three experts, who determined the roof’s damage was merely cosmetic.

Insurance Companies 130

Insurance Companies Damage Insurance Insurer 130

TGS

MAY 21, 2025

Now picture a sudden flare-up disrupting the scene or damaging the deck. These incidents can lead to significant property damage or, worse, injuries that result in liability claims. A fire that damages siding or outdoor furniture could lead to a homeowners insurance claim. A fire blanket is another practical tool.

Liability 52

Liability Property Damage Injury Damage 52

Distinguished

APRIL 21, 2025

Imagine a property owner in Chicago is facing a burst pipe in the middle of winter. The damage is extensive, and tenants are forced to relocate while repairs are underway. Properties near major rivers also face flooding risks. Loss of rental income: Replaces rental income if a covered event makes the property uninhabitable.

Broker 52

Broker Liability Broker-Agent Building 52

Simply Insurance

JUNE 10, 2025

However, bear in mind that the final price will vary for all landlords depending on where you reside, your building, liability coverage options, your credit history, deductible, and other plan options. An Open Peril Policy means your coverage will cover damage caused by anything other than items on the prohibited list.

Insurance Quotes 72

Insurance Quotes Life Insurance Insurance Insurer 72

The Property Insurance Law Observer

FEBRUARY 14, 2024

The insureds suffered property damage caused by a tornado and subsequently submitted a claim to their insurer. The insurer paid only a portion of the claim because it maintained that the tornado that struck and damaged the property was a “windstorm” and, therefore, the claim was subject to the policy’s “Windstorm or Hail Deductible.”

Policy 130

Policy Deductible Damage Property Damage 130

Distinguished

MAY 19, 2025

Key benefits include: Property Coverage BOPs includes commercial property coverage, protecting business personal property and building structures against covered losses like fire, theft, or vandalism. A critical component of property insurance for restaurants is business income coverage.

Policy 40

Policy Business Owners Policy General Liability Liability 40

Distinguished

APRIL 29, 2025

Without the right safeguards in place, landlords could face significant financial losses from damages, legal claims, or lost rental income. Discover why landlord insurance is vital for property owners in Colorado, the protections Distinguished can offer, and how brokers can help their clients secure the best policies.

Liability 52

Liability Financial Loss Insurance Insurer 52

The Property Insurance Law Observer

AUGUST 1, 2024

Background The insurers issued commercial property policies that provided coverage for a hospital. As a result of a storm, rainwater accumulated on multiple roof areas, and eventually seeped inside, causing damage to the building and property within.

Commercial Property 130

Commercial Property Damage Policy Commercial 130

Simply Insurance

JUNE 10, 2025

However, bear in mind that the final price will vary for all landlords depending on where you reside, your building, liability coverage options, your credit history, deductible, and other plan options. An Open Peril Policy means your coverage will cover damage caused by anything other than items on the prohibited list.

Insurance Quotes 64

Insurance Quotes Life Insurance Insurance Insurer 64

Boyle Agency Insurance

FEBRUARY 3, 2025

It provides coverage for property damage and theft of building materials during the renovation process. Standard home insurance policies typically have restrictions regarding vacant homes, and this specialized coverage can bridge the gap during renovation periods.

Home Insurance 45

Home Insurance Theft License Insurance 45

Paragon Independent Insurance Agencies

FEBRUARY 28, 2025

Beyond vehicle coverage, you may also need general liability insurance, which protects against third-party claims for injuries or property damage during business operations. If you own a physical location, commercial property insurance can help protect your building, inventory, and equipment from fire, theft, or natural disasters.

Commercial Insurance 40

Commercial Insurance Commercial Insurance Agency Cyber 40

Simply Insurance

JUNE 11, 2025

However, bear in mind that the final price will vary for all landlords depending on where you reside, your building, liability coverage options, your credit history, deductible, and other plan options. An Open Peril Policy means your coverage will cover damage caused by anything other than items on the prohibited list.

Insurance Quotes 59

Insurance Quotes Life Insurance Insurance Insurer 59

Simply Insurance

JUNE 12, 2025

However, bear in mind that the final price will vary for all landlords depending on where you reside, your building, liability coverage options, your credit history, deductible, and other plan options. An Open Peril Policy means your coverage will cover damage caused by anything other than items on the prohibited list.

Insurance Quotes 52

Insurance Quotes Life Insurance Insurance Insurer 52

Simply Insurance

JUNE 10, 2025

However, bear in mind that the final price will vary for all landlords depending on where you reside, your building, liability coverage options, your credit history, deductible, and other plan options. An Open Peril Policy means your coverage will cover damage caused by anything other than items on the prohibited list.

Insurance Quotes 52

Insurance Quotes Life Insurance Insurance Insurer 52

Distinguished

FEBRUARY 24, 2025

Based on our decades of experience in this industry, here are some of the top exposures we see restaurants facing in markets like Charlotte: Fire damage: Fire is a constant risk in hot kitchens, and even a small incident could lead to heavy repair bills and a temporary closure.

Liability 52

Liability Liability Insurance Insurance Insurer 52

Simply Insurance

JUNE 11, 2025

However, bear in mind that the final price will vary for all landlords depending on where you reside, your building, liability coverage options, your credit history, deductible, and other plan options. An Open Peril Policy means your coverage will cover damage caused by anything other than items on the prohibited list.

Insurance Quotes 52

Insurance Quotes Life Insurance Insurance Insurer 52

Simply Insurance

JUNE 12, 2025

However, bear in mind that the final price will vary for all landlords depending on where you reside, your building, liability coverage options, your credit history, deductible, and other plan options. An Open Peril Policy means your coverage will cover damage caused by anything other than items on the prohibited list.

Insurance Quotes 52

Insurance Quotes Life Insurance Insurance Insurer 52

Simply Insurance

JUNE 10, 2025

However, bear in mind that the final price will vary for all landlords depending on where you reside, your building, liability coverage options, your credit history, deductible, and other plan options. An Open Peril Policy means your coverage will cover damage caused by anything other than items on the prohibited list.

Insurance Quotes 52

Insurance Quotes Life Insurance Insurance Insurer 52

Simply Insurance

JUNE 12, 2025

However, bear in mind that the final price will vary for all landlords depending on where you reside, your building, liability coverage options, your credit history, deductible, and other plan options. An Open Peril Policy means your coverage will cover damage caused by anything other than items on the prohibited list.

Insurance Quotes 52

Insurance Quotes Life Insurance Insurance Insurer 52

Simply Insurance

JUNE 9, 2025

However, bear in mind that the final price will vary for all landlords depending on where you reside, your building, liability coverage options, your credit history, deductible, and other plan options. An Open Peril Policy means your coverage will cover damage caused by anything other than items on the prohibited list.

Insurance Quotes 52

Insurance Quotes Life Insurance Insurance Insurer 52

Simply Insurance

JUNE 9, 2025

However, bear in mind that the final price will vary for all landlords depending on where you reside, your building, liability coverage options, your credit history, deductible, and other plan options. An Open Peril Policy means your coverage will cover damage caused by anything other than items on the prohibited list.

Insurance Quotes 52

Insurance Quotes Life Insurance Insurance Insurer 52

Simply Insurance

JUNE 9, 2025

If youre renting a property, your landlord insurance policy will cover the structure and land and provide enhanced general liability insurance to ensure you dont have to worry about legal costs. It is important to note that your homeowners policy will most likely not cover any losses or damages caused by you or your renters.

Insurance Quotes 59

Insurance Quotes Life Insurance Workers Comp License 59

Protect Commercial Insurance

JANUARY 10, 2025

From property damage and liability to business interruption cover, clients get everything under one roof. – Competitive Edge : By working with partners that understand commercial properties, you can tailor products that fit unique client needs, setting you apart from competitors.

Building 52

Building Broker Commercial Property Commercial 52

Simply Insurance

JUNE 9, 2025

However, bear in mind that the final price will vary for all landlords depending on where you reside, your building, liability coverage options, your credit history, deductible, and other plan options. An Open Peril Policy means your coverage will cover damage caused by anything other than items on the prohibited list.

Insurance Quotes 52

Insurance Quotes Life Insurance Insurance Insurer 52

Simply Insurance

JUNE 10, 2025

However, bear in mind that the final price will vary for all landlords depending on where you reside, your building, liability coverage options, your credit history, deductible, and other plan options. An Open Peril Policy means your coverage will cover damage caused by anything other than items on the prohibited list.

Insurance Quotes 52

Insurance Quotes Life Insurance Insurance Insurer 52

Jackson & Jackson

APRIL 26, 2024

This guide aims to help new investors understand the basics of commercial property insurance in California, ensuring that their investments are protected against unforeseen events. It provides coverage for physical damage to your property and any loss of income due to business interruption.

Commercial Property 52

Commercial Property Property Insurance Commercial Business Interruption 52

Cover4LetProperty

JUNE 1, 2025

Without this cover, the property and its contents remain at considerable risk of loss or damage, the income stream on which you have come to rely might suddenly become disrupted, or you might face financially crippling claims for damages if someone else is injured or has their own property damaged.

Damage 45

Damage Insurance Insurer Insured 45

Bankers Insurance

NOVEMBER 15, 2023

How to Protect your Business Against Frozen Pipes and Sprinkler Systems In the winter season, businesses encounter unique property challenges, notably the potential for frozen pipes and sprinkler systems. These issues can lead to expensive damage, operational disruptions, and potential safety hazards.

Protection 52

Protection Damage Building Property Damage 52

Property Insurance Centre

JULY 21, 2024

Aspray, a leading property damage claims management company, can act on your behalf when you need to make a claim. Aspray’s repeat win is a reflection of their unwavering commitment to delivering top-notch service to their clients, ensuring that they receive the best possible outcome in times of property damage.

Claim 52

Claim Property Damage Building Property Insurance 52

Cover4LetProperty

JANUARY 29, 2024

At its simplest, therefore, a home is a home, whilst let property is a business asset. Essentially, insurance is about risk and a calculation of the probability of loss or damage being suffered by the insured item or items.

Home Insurance 52

Home Insurance Insurance Insurer Insured 52

Distinguished

SEPTEMBER 25, 2024

Whether it’s a construction project for a single-family home , a mixed-use building , or a commercial property, Distinguished’s Builder’s Risk Program has got it covered. Vandalism : Intentional damage to the job site by third parties, including things like broken glass or graffiti.

Risk 52

Risk Broker-Agent Insurance Insurer 52

Distinguished

SEPTEMBER 10, 2024

This includes projects that involve: Betterments Renovations New Construction We also insure a variety of building types, including single-family homes , mixed-use buildings , and commercial properties. Distinguished’s Builder’s Risk program insures a variety of the most common construction projects.

Risk 52

Risk General Liability Broker-Agent Insurance 52

Bankers Insurance

MAY 16, 2024

Additionally, more and more people live in wildland-urban interfaces, where homes can be particularly vulnerable to severe weather damage. As insurance companies leave certain markets or refuse to issue policies to certain properties, homeowners may be forced to seek more expensive options, such as state-supported insurers.

Home Insurance 52

Home Insurance Policyholder Out-Of-Pocket Insurance 52

Scott Insurance

JANUARY 28, 2022

Environmental / Pollution Environmental/pollution policies are available in the market and can contemplate both the first party (property) and third party (general liability – bodily injury/property damage) mold exposure.

General Liability 52

General Liability Deductible Liability Property Damage 52

Triple-I: Homeowners Insurance

NOVEMBER 5, 2024

For residents of both communities, this news comes as no surprise; their flood-resistant infrastructure and solar panel power systems have helped them survive several storms and hurricanes with only minor damages, demonstrating the utility of disaster resilience planning. Such planning is expensive to implement.

Premium 59

Premium Risk Property Damage Damage 59