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Court Finds Policy Term, “Windstorm,” to be Ambiguous in Coverage Dispute Involving Tornado

The Property Insurance Law Observer

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. The Windstorm or Hail deductible does not apply to coverage under 7. —Dallas Jan. Loss of Use.

Policy 130
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Protect Your Finances: The Truth About Small Insurance Claims

Shield Insurance Agency

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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How To Save Money On Your Commercial Insurance

Protect Commercial Insurance

By understanding your policy needs, shopping around, and exploring available discounts, you can effectively manage insurance premiums and keep your business financially secure. It provides protection against a plethora of risks, including property damage, liability claims, theft, and even employee injuries. The good news?

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What Does It Mean to Be a No-Fault State?

TGS

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. In a no-fault system, each driver’s own insurance policy is the first line of defense for medical bills and other specified expenses.

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Essential Business Insurance Guide: Safeguarding Your Property From Cyber Threats

Protect Commercial Insurance

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. General liability insurance provides coverage for injuries or property damage that occur on your business premises or as a result of your business operations.

Cyber 52
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Maximise Your Business Growth: 4 Essential Tips to Secure Your Commercial Tailors Insurance

Protect Commercial Insurance

In this article, we will provide you with four essential tips to help you understand your coverage needs, find the best rates, review and update your policy regularly, and work with an experienced insurance broker. Property insurance can protect these assets from damage or loss due to fire, theft, or other covered perils.

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How to Read Homeowners Insurance Quotes

TGS

To feel confident in your policy before you sign, make sure you understand how to read a homeowners insurance quote. You only pay when purchasing the policy. Policy Number 3. Policy Period 5. Deductibles 8. Policy Number If you ever need to file a claim, this policy number is what you will use.