The Property Insurance Law Observer

MARCH 4, 2024

26, 2024), the Western District of Washington considered competing motions for partial summary judgment in a property damage case involving a winter storm, where large amounts of rain and melted snow backed the drain up and the force of the water pushed through the exterior door causing damage to the entire basement level.

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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. —Dallas Jan. Code § 542A.001(2)(C) of Newark, N.J. Weatherman (193 S.W.2d

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Policy Deductible Damage Property Damage 130

The Property Insurance Law Observer

AUGUST 1, 2024

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

Boyle Agency Insurance

FEBRUARY 3, 2025

Standard home insurance policies typically have restrictions regarding vacant homes, and this specialized coverage can bridge the gap during renovation periods. Builder’s Risk Insurance For major renovations or construction projects, builder’s risk insurance can be invaluable.

Home Insurance 45

Home Insurance Theft License Insured 45

Jackson & Jackson

NOVEMBER 16, 2024

Ensuring your business has the right insurance policies is not just a smart decision—it’s essential for long-term success. Here are the top 6 insurance policies every IT business in California should have to safeguard their operations. General Liability Insurance Even in a digital world, physical risks exist.

Insurance Policy 52

Insurance Policy Policy General Liability Workers Compensation Insurance 52

Protect Commercial Insurance

MAY 24, 2024

While you may have the basic insurance policies in place, such as property and general liability insurance, there are several other essential insurance policies that you might be overlooking. That’s why it’s crucial to consider other insurance policies to protect your business comprehensively.

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Insurance Policy Protection Policy Business Interruption 52

The Property Insurance Law Observer

AUGUST 22, 2024

2024), the District Court of Massachusetts found that “collapse” provisions within a commercial property policy were ambiguous where a floor merely sagged without completely falling to the ground. During the policy period, the insured’s floor “sunk” between eight to 12 inches.

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Building Commercial Property Damage Policy 130

The Property Insurance Law Observer

MARCH 18, 2024

Specifically, the Court affirmed that the duty to submit to an EUO, as included in the insurance policy, applied only to a “named insured” and not an “insured person” and, as such, the named insured’s son failure to comply did not constitute a material breach of the insurance policy.

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The Property Insurance Law Observer

MARCH 25, 2024

Moreover, the Court rejected the property owner’s argument that the policy was illusory because it did not afford an additional insured the same coverage as the named insured.

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The Property Insurance Law Observer

JUNE 13, 2024

2024), to preserve diversity jurisdiction, the United States District Court for the Southern District of New York permitted a plaintiff insured to drop non-diverse, dispensable defendant Underwriters at Lloyd’s, London (“Underwriters”) which subscribed to a commercial property insurance policy. 2024 WL 2830909, (S.D.N.Y.

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Underwriter Underwriting Commercial Property Property Damage 130

Maritime Insurance International

JUNE 5, 2020

While every policy is different, in most cases, homeowner’s insurance policies only offer limited coverage for boats. In this post, we’ll walk you through everything you need to know about whether or not homeowner’s insurance covers boats and the advantages of purchasing a dedicated boat insurance policy instead.

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Property Damage Damage Insurance Policy Home Insurance 40

Top Insurance Blogs

FEBRUARY 20, 2024

In today’s article, we shall be looking at the Florida vehicle insurance requirements for anyone that desires to drive within Florida without going against the law. Basic Information About Driving a Vehicle in Florida What type of car insurance policy is required by law in Florida?

Injury 52

Injury Property Damage Auto Insurance Liability 52

Freeway Insurance

JANUARY 3, 2025

Many insurance professionals recommend taking steps now to handle a possible increase when you renew your insurance policy. What’s Causing the 2025 Insurance Boost in California? One of the primary reasons for the 2025 California car insurance increase is legislative. 1, 2025 is here.

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Auto Insurance Premium Liability Insured 98

Shield Insurance Agency

AUGUST 20, 2024

Small Insurance Claims Can Raise Premiums Small insurance claims, such as those for minor property damage, may seem like a hassle to deal with. Many policyholders may be tempted to file a claim for every little incident in the belief that their insurance policy will cover all damages.

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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.

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Cyber Business Insurance Business Interruption Professional Liability Insurance 52

Corvus

JUNE 18, 2024

General liability insurance is the most regularly purchased insurance policy among small businesses. But the financial and reputational repercussions from cyberattacks are just as real as property damage, and hurt businesses of all sizes. That’s why cyber is tricky.

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Cyber General Liability Property Damage Liability Insurance 40

TGS

NOVEMBER 18, 2024

The Basics: Defining a No-Fault State At its core, a no-fault state is one where your car insurance policy takes care of your medical expenses and certain other costs, regardless of who caused the accident. That’s where additional coverage types, like Property Damage Liability (PDL) and Bodily Injury Liability (BIL) , come into play.

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Auto Insurance Injury Damage Property Damage 52

Cover4LetProperty

OCTOBER 9, 2022

That’s when you will turn to your landlord insurance policy for support and financial assistance. When you are purchasing your landlord insurance policy, there might be a natural temptation to get it over and done with as fast as possible so that you can continue with your normal daily business.

Liability 52

Liability Insured Insurer Insurance 52

LexisNexis

FEBRUARY 4, 2025

Learn about issues that can arise for insureds and insurers when insurance policies of various durations are called upon to answer for claims and when multiple insurance policies may also apply.

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Policy Commercial General Liability Injury Damage 40

Bankers Insurance

MAY 16, 2024

Additionally, more and more people live in wildland-urban interfaces, where homes can be particularly vulnerable to severe weather damage. As insurance companies leave certain markets or refuse to issue policies to certain properties, homeowners may be forced to seek more expensive options, such as state-supported insurers.

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Mark Jackson Insurance Agency

NOVEMBER 22, 2024

While your business may only operate for part of the year, risks like property damage, liability claims, or equipment theft don’t follow a calendar. Having the right insurance policies in place ensures your business is protected even during the offseason. Start by evaluating your specific risks.

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Protect Commercial Insurance

SEPTEMBER 20, 2024

Whether you’re fitting kitchens or fixing roofs, liability insurance provides a safety net. It covers you against claims of property damage, personal injury, or negligence. Let’s dive into the essentials of liability insurance and what it means for your business. Here’s how you can make an informed decision.

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Liability Insurance Liability Insured Insurer 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.

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Commercial Insurance Commercial Protection Business Interruption 40

Mark Jackson Insurance Agency

JUNE 5, 2024

Each year, fires in residential areas cause significant property damage. Check your fire extinguisher regularly, looking for any signs of damage or corrosion and verifying that the pressure gauge is in the green zone. However, many of these incidents may be prevented with the right precautions.

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Property Damage Damage Protection Insurance Policy 52

Distinguished

SEPTEMBER 25, 2024

When a project is under construction or renovation, your clients are likely not covered by their homeowner’s insurance or business insurance. Different Builder’s Risk insurance policies vary from one insurance carrier to another.  Property damage : Damages to the building that is being constructed or renovated.

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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

ProWriters

APRIL 17, 2024

One key step is making sure clients have adequate coverage options for bodily injury in their Cyber Liability Insurance policies. We at ProWriters can help you understand the risk, explain it to your clients, and secure the Cyber Insurance policies that provide the protection they need.

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Cyber Injury Liability Liability Insurance 52

Protect Commercial Insurance

NOVEMBER 22, 2024

Without insurance, your business could face catastrophic financial loss from property damage, theft, or a lawsuit. A single incident can be financially crippling, but insurance shields you from unprecedented risks. Investing in the right policy can save you a lot of money in the long run.

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Commercial Insurance Commercial Cyber Insured 52

Maritime Insurance International

JUNE 5, 2020

A common question is whether or not home insurance policies cover boats. The fact is that some home policies do and some do not. If your boat is worth more than the coverage offered by your home insurance policy, purchasing a dedicated boat insurance policy is a good idea. Peace of Mind.

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Insurance Policy Insured Insurer Insurance 40

Scott Insurance

FEBRUARY 10, 2023

Is Being Listed as an Additional Insured on your General Contractor’s Policy Enough? Development projects come with significant inherent risk and, unfortunately, you can be sued for bodily injury or property damage during and after construction even if you are not responsible.

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Liability Policy Risk Property Damage 52

Jackson & Jackson

MAY 23, 2024

Understanding Small Business Insurance in California The Basics of Business Insurance Before diving into the world of insurance savings, it’s crucial to understand the basics of business insurance. Small business insurance covers property damage, liability claims, and employee-related risks.

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TGS

NOVEMBER 1, 2024

Avoid standing in the middle of the road or putting yourself in harm’s way while assessing the damage. In many states, you’re required to file a police report for accidents that involve injuries or significant property damage. Plus, having a police report on file can help you later when dealing with insurance claims.

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Injury Home Insurance Claim Damage 52

Protect Commercial Insurance

JULY 26, 2024

Here are a few key areas to consider: Property Insurance Your tailoring business likely has valuable equipment, such as sewing machines, cutting tables, and fabric inventory. Property insurance can protect these assets from damage or loss due to fire, theft, or other covered perils.

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Commercial Insurance Broker General Liability 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. Specialised policies may also cover: Debris Removal: Costs associated with clearing and disposing of flood-damaged materials.

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Commercial Commercial Property Insured Insurer 52

Cover4LetProperty

DECEMBER 1, 2023

Tenant-related issues Home insurance: Typically does not address issues related to tenants, as it is not designed for rental situations. Landlord insurance: Addresses specific risks associated with renting, such as tenant damage to the property. How can I be sure I have the correct type of insurance?

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Home Insurance Insured Insurer Insurance 52

Property Insurance Centre

MARCH 19, 2024

Insurance guides provide clear explanations of the rights and responsibilities individuals have throughout the claims process, ensuring they are informed and empowered to take the necessary steps to protect their interests. An immediate response to property damage is crucial.

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Property Insurance Policyholder Insured Insurer 52

Maritime Insurance International

MARCH 3, 2020

Learn more about boat insurance requirements below, and request a quote from Maritime Insurance International today. A boat insurance policy could offer you coverage for the following: Property Damage. An accident resulting in damage to or loss of your own boat or someone else’s property can be covered.

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