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Should There Be a Valued Policy Law for Personal Property?

Property Insurance Coverage Law

Many are having to go through the trauma of reliving the loss of each piece of their personal property because … The post Should There Be a Valued Policy Law for Personal Property? appeared first on Property Insurance Coverage Law Blog.

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Should There Be a Valued Policy Law for Personal Property?

Property Insurance Coverage Law

Many are having to go through the trauma of reliving the loss of each piece of their personal property because … The post Should There Be a Valued Policy Law for Personal Property? appeared first on Property Insurance Coverage Law Blog.

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

The Property Insurance Law Observer

Background: Plaintiffs, Luz Marquez and Gilberto Santiago (Plaintiffs), sued Clear Blue Specialty Insurance Company (Clear Blue) for denial of coverage under their homeowners policy (the Policy) for damage to their home allegedly caused by Hurricane Ian.

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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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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. Not only is it disgusting—it’s often not covered under a standard home policy.

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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.