The Property Insurance Law Observer

MARCH 12, 2024

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. After investigating, Allstate denied coverage, invoking the policy’s vandalism exclusion and increased risk provision. Citing to Allemand v.

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Theft Insurance Policy Policy Personal Property 130

Wren Insurance Agency

JANUARY 22, 2025

Here in Florida unfortunately, we know the incredible damage wildfires can do. These risks are rated at a local level, not national, so the current fires in California will not affect Florida's home insurance rates. In 1998, dry conditions resulted in more than a half million acres burning to the ground.

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American Agents Alliance

JANUARY 11, 2025

The recent Eaton and Palisades fires in the greater Los Angeles area are evidence of the increasingly prevalent wildfire risk in California. These wildfires have caused historic damage, claimed lives, and threatened communities. When consumers do not carry sufficient insurance coverage, everyone is at risk.

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Protect Commercial Insurance

NOVEMBER 1, 2024

Unlike standard home insurance, which is tailored for owner-occupied homes, landlord insurance is crafted to address risks associated with renting out your property. Its primary purpose is to protect landlords from financial loss stemming from tenant-related incidents, property damage, and other rental-specific risks.

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TGS

SEPTEMBER 6, 2023

Whether it’s a big project involving reconstruction of part of your home, or a small project that will increase the value of your home or personal property, your renovation will affect your homeowners insurance. However, your insurance carrier may offer an endorsement, such as a builders risk policy, to bridge the gap in your coverage.

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Insurance Policy Policy Home Insurance Personal Property 52

Distinguished

JULY 22, 2024

However, the very qualities that make collectibles so precious also expose them to unique risks. Theft, damage during transport, or accidental breakage can devastate a collection that has taken years to assemble. Unfortunately, these unique risks are rarely appropriately covered by standard homeowner insurance policies.

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TGS

SEPTEMBER 11, 2023

The South Carolina Legislature required insurance to be available to at-risk coastal homes. This will include dwelling structure, personal property, loss of use, and increased rebuilding costs. This covers any damage caused by wind or hail events. Your property must be in a defined coastal territory.

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