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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.

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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.

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Employee Dishonesty Claims—How Far Back Does Coverage Extend?

Property Insurance Coverage Law

When businesses think about protecting themselves from risk, they often focus on property damage, natural disasters, or customer lawsuits. However, one of the most damaging and often overlooked threats comes from within: employee theft.

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Court Says Loose Bolt Remedied by Tightening Does not Constitute “Direct Physical Loss of or Damage” to Property

The Property Insurance Law Observer

American Guarantee and Liability Insurance Company , the United States District Court for the District of Massachusetts held that a loose bolt or fitting that could be remedied simply by tightening it did not constitute “direct physical loss of or damage” to equipment covered under an all-risk property insurance policy. [1]

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What Are the Risks of Liability Only Auto Insurance?

TGS

So, lets break it down: what exactly is liability only auto insurance, and what risks are you signing up for if you roll with it? Liability only auto insurance steps in to cover the damage youve done to the other guys car or their medical bills if theyre hurt. What About Other Kinds of Damage? Pretty straightforward, right?

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Contractor Insurance is Essential for Home Improvements

Boyle Agency Insurance

Imagine a scenario where a contractor accidentally damages your property or a worker gets injured while working on your home. Let’s explore why verifying contractor insurance matters and how it shields your property during renovations or repairs. Without proper insurance, you could be held liable.

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Excavation Contractor Insurance: Five Policies You Need to Protect Your Business

Central Insurance

Discover how excavation contractor insurance protects your business from risks like property damage, liability, and equipment loss. The post Excavation Contractor Insurance: Five Policies You Need to Protect Your Business appeared first on Central Insurance Blog.