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Valuables Insurance Coverage: Art Insurance Fire Claim Headed to Trial

Property Insurance Coverage Law

One of the more complex damage issues that must be addressed in all fire, smoke, and heat claims is the amount of damage to personal property in areas of a structure far away from the main fire.

Claim 182
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Louisiana Court Finds That an Insured Breached its Duty to Cooperate

The Property Insurance Law Observer

In Marcantel , the plaintiff suffered damage from Hurricane Laura at two properties in Louisiana. Following the hurricane, plaintiff submitted an insurance claim with a detailed contents list for $663,682 in personal property losses.

Damage 130
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Decision: Insurer Prevails on Motion in Limine to Exclude RCV Evidence at Trial

The Property Insurance Law Observer

District Court for the Middle District of Florida granted the insurers motion in limine and excluded evidence and testimony regarding replacement cost value of damages, matching, and to limit damages to direct physical loss. Actual Cash Value v. 2d 684, 690 (Fla. 2d DCA 2008).

Damage 130
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Court Differentiates Vandalism from Theft in First Party Insurance Policy

The Property Insurance Law Observer

On November 20, 2021, after the home was vacant for an extended period of time, unidentified individuals broke into and damaged Plaintiffs’ property, taking various items. Plaintiffs argued that the damage was covered under the policy, primarily resulting from theft.

Theft 130
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The California Wildfires - What Impact Will They Have On Florida Insurance?

Wren Insurance Agency

Here in Florida unfortunately, we know the incredible damage wildfires can do. And while this is positive news, we feel it's important to understand what your home insurance does (and doesn't) cover when it comes to fire damage. In 1998, dry conditions resulted in more than a half million acres burning to the ground.

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Does Homeowner’s Insurance Cover Boats?

Maritime Insurance International

Most home insurance policies offer two main types of coverage: property damage and personal liability. In those cases, however, the policy will usually only cover property damage to your boat while it is on your property. Most home policies typically only offer around $1,000 max for boat property damage.

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Landlord Insurance vs. Standard Home Insurance: Key Differences

Protect Commercial Insurance

Its primary purpose is to protect landlords from financial loss stemming from tenant-related incidents, property damage, and other rental-specific risks. By having landlord insurance, property owners can safeguard their investment and ensure a steady stream of rental income, even in the face of unexpected occurrences.