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Decision: Insurer Prevails on Motion in Limine to Exclude RCV Evidence at Trial

The Property Insurance Law Observer

District Court for the Middle District of Florida granted the insurers motion in limine and excluded evidence and testimony regarding replacement cost value of damages, matching, and to limit damages to direct physical loss. Actual Cash Value v. 2d 684, 690 (Fla. 2d DCA 2008).

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Business Owner’s Policy for Restaurants

Distinguished

A Business Owners Policy, commonly known asa BOP bundles essential protections like property, general liability, and liquor liability into one streamlined solution. What is a Business Owners Policy (BOP)? A BOP is an efficient way to safeguard against these operational risks with one comprehensive policy.

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Court Differentiates Vandalism from Theft in First Party Insurance Policy

The Property Insurance Law Observer

The Court considered whether the Plaintiffs’ loss was caused by theft or vandalism, as neither term was defined in the policy. In Cheung, the Plaintiffs, who resided in California, purchased property in scenic Mount Vernon, Washington, in July 2021, and insured the property through a policy of insurance issued by Allstate.

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Home Insurance Coverage Gaps You Might Not Know Exist—Until It’s Too Late

TGS

Whether you’re a first-time homeowner or have held a policy for decades, it’s crucial to understand what your home insurance doesn’t cover just as much as what it does. Flood Damage: Not Covered by Standard Policies Here’s the big one. Most homeowners don’t realize that standard home insurance does not cover flood damage.

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Best Landlord Insurance In Wyoming For Your Rental Property!

Simply Insurance

How Much Is A $100,000 Life Insurance Policy? Below we discuss the different types of landlord insurance coverages in detail: DP1 - Dwelling A named-peril policy (DP-1) is an insurance policy that protects you against a specific hazard. DP2 - Replacement Cost The (DP-2) policy will give you more coverage than the DP-1.

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Best Landlord Insurance In West Virginia For Your Rental Property!

Simply Insurance

How Much Is A $100,000 Life Insurance Policy? Below we discuss the different types of landlord insurance coverages in detail: DP1 - Dwelling A named-peril policy (DP-1) is an insurance policy that protects you against a specific hazard. DP2 - Replacement Cost The (DP-2) policy will give you more coverage than the DP-1.

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Louisiana Court Finds That an Insured Breached its Duty to Cooperate

The Property Insurance Law Observer

In Marcantel , the plaintiff suffered damage from Hurricane Laura at two properties in Louisiana. Following the hurricane, plaintiff submitted an insurance claim with a detailed contents list for $663,682 in personal property losses.

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