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

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

Bankers Insurance

MAY 16, 2024

Prices for building supplies, such as lumber, concrete, masonry and steel, have skyrocketed in recent years. Construction labor has also become more challenging, adding extra expense and time to all building projects. With this in mind, limiting rate increases by making modifications, such as increasing the deductible, may be possible.

Home Insurance 52

Home Insurance Policyholder Insurer Insurance 52

Bankers Insurance

AUGUST 8, 2024

However, it’s important to keep in mind that a property may be assigned several different values, including: Market value — This is an estimate of what a property could be sold for in the present real estate market. Market value is based on factors such as lot size, building condition and location desirability.

Commercial Property 59

Commercial Property Property Insurance Commercial Out-Of-Pocket 59

TGS

OCTOBER 3, 2023

The quote will be based on many factors, including your home’s age, building features, location and size, as well as your insurance score. Deductibles 8. If you suffer from losses or damages beyond those limits, you will be responsible for paying the rest out of pocket. How to Read Your Homeowners Insurance Quote 1.

Insurance Quotes 52

Insurance Quotes Deductible Home Insurance Out-Of-Pocket 52

Cover4LetProperty

JANUARY 29, 2024

At its simplest, therefore, a home is a home, whilst let property is a business asset. Landlord insurance often provides cover (either as standard or as an add-on such as residential let legal expenses and optional rent protection insurance ) for these specific risks, contributing to the higher cost.

Home Insurance 52

Home Insurance Insurer Insurance Insured 52

Jackson & Jackson

MAY 22, 2024

. “Understanding Multi-Family Property Insurance” Commercial property insurance is a vital safeguard for property owners, protecting their assets against various risks. It covers property damage, loss of income, liability claims, etc.

Property Insurance 52

Property Insurance Commercial Property Commercial Insurer 52