article thumbnail

When Vandals Trigger the Sprinklers: The Battle Over Resulting Losses

Property Insurance Coverage Law

When vandals triggered a sprinkler system in a vacant building, flooding it with over one million gallons of water, the result was not just property damage. Instead, it was a lawsuit that put the scope of all-risk commercial property insurance under scrutiny. The case ofEpperson v.

article thumbnail

A Fire, a Lawsuit, and One Heavenly Dessert: Lessons from the Sherry-Netherland Insurance Battle

Property Insurance Coverage Law

Perched at the southeast corner of Central Park, it is a nearly 100-year-old cooperative building that oozes old-world charm and timeless elegance. Ive always had … The post A Fire, a Lawsuit, and One Heavenly Dessert: Lessons from the Sherry-Netherland Insurance Battle appeared first on Property Insurance Coverage Law Blog.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Insurance Coverage After a Raze Order: Strategies for Overcoming Ordinance or Law Exclusions

Property Insurance Coverage Law

When a devastating fire damages a building and a municipality orders it razed, the instinctive reaction of many policyholders is to expect that their insurance will cover the total loss.

article thumbnail

A Comprehensive Guide to Understanding Commercial Property Insurance

Protect Commercial Insurance

Navigating the world of insurance can feel overwhelming, especially when it comes to understanding commercial property insurance. This friendly guide will walk you through the essentials of commercial property insurance, helping you protect your business premises and assets with confidence. Let’s dive in!

article thumbnail

Insurance Coverage After a Raze Order: Strategies for Overcoming Ordinance or Law Exclusions

Property Insurance Coverage Law

When a devastating fire damages a building and a municipality orders it razed, the instinctive reaction of many policyholders is to expect that their insurance will cover the total loss.

article thumbnail

The Importance of Commercial Property Insurance for UK Small Businesses

Protect Commercial Insurance

Introduction When it comes to safeguarding your UK small business, one crucial aspect is often overlooked: commercial property insurance. Just like you wouldn’t drive without car insurance, your business premises need protection too. This includes buildings, equipment, furnishings, inventory, and exterior fixtures.

article thumbnail

Understanding the Total Constructive Loss Doctrine in Property Insurance Policies

Property Insurance Coverage Law

The article … The post Understanding the Total Constructive Loss Doctrine in Property Insurance Policies appeared first on Property Insurance Coverage Law Blog.