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A commercial generalliabilitypolicy with a pollution exclusion does not protect a Virginia homeowners association from lawsuits filed by swimmers alleging they were injured by chemicals discharged into the community pool. That is the argument made by Philadelphia Indemnity …
Learn why business insurance for LLCs is essential to protect your assets and operations. Explore key policies like generalliability, property, and professional liability insurance, ensuring full coverage for your business. The post Business Insurance for LLCs: What Policies Do You Need for Full Coverage?
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Generally, the only exception to this exclusion is if the mold results from another cause of loss (i.e., In some situations, property policies might give a sub-limit to help with remediation costs. In some situations, property policies might give a sub-limit to help with remediation costs.
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And regarding coverage, if the named insured is the builder, or there is a relationship between the named insured and the builder, in that capacity we would exclude generalliability coverage. Our max policy term is 24 months total, meaning the 24 months includes the initial policy term plus all extensions.
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