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Court Differentiates Vandalism from Theft in First Party Insurance Policy

The Property Insurance Law Observer

The United States District Court for the Western District of Washington decided an insurance coverage case involving Plaintiffs Benny and Guangying Cheung and Defendant Allstate Vehicle and Property Insurance Company. Plaintiffs argued that the damage was covered under the policy, primarily resulting from theft.

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Understanding Multi-Family Property Insurance in California.

Jackson & Jackson

Investors must understand the importance of securing comprehensive commercial property insurance coverage to protect their investments. This article aims to provide an in-depth overview of ensuring multi-unit commercial properties in California, highlighting key considerations for investors.

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Navigating Commercial Property Insurance: A Guide for New Investors in California

Jackson & Jackson

One of the most crucial aspects to consider is commercial property insurance. This guide aims to help new investors understand the basics of commercial property insurance in California, ensuring that their investments are protected against unforeseen events. This is crucial if someone is injured on your property.

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5 Essential Considerations for Insurance When Buying or Investing in Commercial Property

Jackson & Jackson

Here are five critical considerations you should keep in mind regarding insurance when buying or investing in commercial property. Understanding the Types of Coverage Available Property Insurance This is the most basic form of insurance you’ll need.

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Top Building Insurance Pitfalls To Trigger F.O.M.O.

Property Insurance Centre

Define the maximum amount that you are willing to spend additional in the case of a claim. Key Takeaways Building insurance is essential to protect your property, but it can be complex. Many people make common mistakes when dealing with building insurance, which can result in inadequate coverage or denied claims.

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Commercial Insurance and Protection of Business Property

Paragon Independent Insurance Agencies

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.

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Fifth Circuit Holds That Sales Tax is Not a Component of Actual Cash Value

The Property Insurance Law Observer

We may, at our expense, return any stolen property to: 1. If we return stolen property we will pay for any damage resulting from the theft. We may keep all or part of the property at an agreed or appraised value. The insurer paid $22,750 to the policyholder in exchange for her vehicle’s title, but did not pay sales tax.