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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. The loss was reported to Allstate on November 24, 2021, and the Plaintiffs filed a claim seeking coverage for the damage to their dwelling and structures in the amount of $200,000. Allstate Vehicle & Prop.

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Insurance for Apartment Building Owners: Protecting Your Client’s Investments With the Right Coverage

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And with rising property values, more frequent catastrophic weather events, and emerging risks like habitability claims, its never been more critical to help your clients navigate their insurance options. What Kinds of Claims Get Made in Apartment Buildings As a team, weve seen all kinds of claims related to apartment buildings.

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Renovations and Home Insurance: What You Need to Know

Boyle Agency Insurance

Whether you’re planning a small makeover or a major remodel, understanding the insurance implications can help you protect your investment. Failing to do so could leave your home underinsured in the event of a claim. It provides coverage for property damage and theft of building materials during the renovation process.

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A Comprehensive Guide to Understanding Commercial Property Insurance

Protect Commercial Insurance

This friendly guide will walk you through the essentials of commercial property insurance, helping you protect your business premises and assets with confidence. This type of policy covers a wide array of potential hazards, including fire, theft, vandalism, and certain natural disasters.

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Insurance Considerations When Expanding Your Business to a New Location

Mark Jackson Insurance Agency

From property protection to liability coverage, ensuring your business insurance policies align with your expansion is critical. Key policies to review and update include: Commercial Property Insurance to protect your new location against physical damage from fire, vandalism, theft, or natural disasters.

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What is a Loss History Report?

TGS

This is where a loss history report comes inits like a propertys report card for past insurance claims. A loss history report provides a record of insurance claims filed on a property, typically over the past five to seven years. This report includes: Claim Details Dates of past claims, type of loss (e.g.,

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Restaurant Insurance in Charlotte, North Carolina: A Broker’s Guide

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Slip-and-fall incidents: High foot traffic in dining areas and restrooms increases the risk of customer or employee injuries, which can lead to costly liability claims. Employee-related risks: Claims of wrongful termination, discrimination, or harassment can arise, particularly in high-turnover environments like restaurants.