The Property Insurance Law Observer

AUGUST 1, 2024

Medical Properties Trust, Inc. 23, 2024), the Supreme Judicial Court of Massachusetts held that the term “surface waters,” as used in a limitation contained in commercial property insurance policies, was ambiguous in the context of rainwater accumulating on roofs, thereby finding coverage for the insured.

Commercial Property 130

Commercial Property Damage Policy Commercial 130

Distinguished

FEBRUARY 24, 2025

Over-serving of alcohol: Restaurants can face legal and financial fallout if the alleged over-serving of a patron leads to property damage or a car accident. Distinguisheds Restaurant Insurance program offers brokers in Charlotte a range of coverages that address the unique risks facing modern restaurants.

Liability 52

Liability Liability Insurance Insurance Insured 52

Protect Commercial Insurance

JANUARY 10, 2025

Enhancing Commercial Property Offerings One major sector that benefits from robust referral partnerships is commercial property insurance. Heres how collaboration can enhance offerings in this field: – Comprehensive Coverage Packages : Partnership allows brokers to provide a full suite of insurance products.

Building 52

Building Broker Commercial Property Insurance 52

Property Insurance Centre

JULY 21, 2024

Aspray, a leading property damage claims management company, can act on your behalf when you need to make a claim. Aspray’s repeat win is a reflection of their unwavering commitment to delivering top-notch service to their clients, ensuring that they receive the best possible outcome in times of property damage.

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Claim Property Damage Property Insurance Building 52

The Property Insurance Law Observer

FEBRUARY 14, 2024

29, 2024)), the Court determined that the term “windstorm” was ambiguous as utilized in the subject insurance policy. The insureds suffered property damage caused by a tornado and subsequently submitted a claim to their insurer. Privilege Underwriters Reciprocal Exchange (2024 WL 322297 (Tex. Dallas Jan.

Deductible 130

Deductible Policy Damage Property Damage 130

Protect Commercial Insurance

MAY 30, 2024

In this article, we will explore different types of insurance coverage that can help safeguard your business from property damage, liability claims, cyber threats, and more. Let’s dive in and discover the insurance options that are essential for your business’s protection.

Cyber 52

Cyber Business Insurance Business Interruption Professional Liability Insurance 52

The Property Insurance Law Observer

SEPTEMBER 16, 2024

Background In November 2019, West American [1] issued an insurance policy providing coverage for the Insured’s commercial shop buildings. In 2021, the Insured, through its public adjuster, filed a claim under the property policy, alleging that a May 2020 hailstorm caused significant damage to the roofs of two buildings.

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Insurance Companies Damage Insurance Insured 130

Protect Commercial Insurance

MAY 24, 2024

In this article, we will explore five often overlooked insurance policies that can provide valuable coverage for your business. General Liability Insurance General liability insurance is a fundamental policy that covers your business against claims of bodily injury, property damage, and personal injury.

Insurance Policy 52

Insurance Policy Protection Policy Business Interruption 52

Property Insurance Centre

JANUARY 16, 2025

Flood damage can include physical destruction of property, inventory loss, and business interruption costs, making insurance a vital component of risk management. Whether you have an adverse claims history, a high value property or a large portfolio of properties, we can source suitable cover for you.

Commercial 52

Commercial Commercial Property Insurance Insured 52

Paragon Independent Insurance Agencies

MAY 27, 2024

These events may include property damage, liability claims from work-related injuries, break-ins, or business interruption. Protection of Business Property Commercial insurance protects all business property, including buildings on the land, equipment in the yard, inventory, and other assets owned by the company.

Commercial Insurance 40

Commercial Insurance Commercial Protection Business Interruption 40

Cover4LetProperty

OCTOBER 10, 2022

So, the biggest nightmare is losing it all from incidents such as fire, flooding, or subsidence, for example, as well as other risks to the building and its contents. Why do I need specialist let property insurance, rather than any other type of property insurance? What are let property insurance brokers?

Insurance 52

Insurance Insured Insurer Property Insurance 52

Bankers Insurance

NOVEMBER 15, 2023

Pipes and sprinkler systems face a higher risk of freezing in specific areas of a building or property where temperatures can significantly drop during cold weather. Roof: In some commercial and industrial buildings, roof-mounted sprinkler systems are installed for fire protection.

Protection 52

Protection Damage Property Damage Building 52

Cover4LetProperty

JANUARY 2, 2024

Getting the most appropriate insurance cover for your let property is therefore worth more than a second thought and something which you might prefer to entrust to a specialist insurance provider. The post Getting the most appropriate cover for your let property appeared first on Cover4LetProperty.

Liability 52

Liability Damage Home Insurance Building 52

Cover4LetProperty

AUGUST 15, 2022

Beware of the headline price One possible problem with products branded as low-priced or cheap landlords’ insurance, though, is that the attractive price tag may have been achieved at the cost of the levels of let property insurance cover provided. How do I choose the most suitable landlord insurance?

Insurance 52

Insurance Insured Insurer Policy 52

Cover4LetProperty

AUGUST 23, 2022

Buy to let property insurance (also known as landlord insurance) is cover specifically designed to protect the principal assets of a buy to let business. Most important of all, once you cross that boundary into letting your home, or any part of it, your insurance requirements automatically change too.

Insurance 40

Insurance Insured Insurer Property Insurance 40

Cover4LetProperty

NOVEMBER 3, 2024

At first glance, there might seem little difference between a dwelling in which the owner occupier lives and one that is let to a tenant – despite the difference in tenure, both are homes, with a building and its contents broadly vulnerable to similar risks and perils.

Insurance 40

Insurance Insured Insurer Home Insurance 40

Protect Commercial Insurance

OCTOBER 25, 2024

Familiarising yourself with the various types can help you craft the most effective insurance package: – General Liability Insurance : Covers third-party bodily injury, property damage, and advertising injuries. – Property Insurance : Protects physical assets from perils like fire, theft, and vandalism.

Business Insurance 52

Business Insurance Liability Insurance Liability Policy 52

Protect Commercial Insurance

NOVEMBER 22, 2024

Long-term Financial Benefits While the upfront cost of commercial insurance might seem high, consider the long-term savings and financial security it provides. Without insurance, your business could face catastrophic financial loss from property damage, theft, or a lawsuit.

Commercial Insurance 52

Commercial Insurance Commercial Cyber Insurance 52