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Court Differentiates Vandalism from Theft in First Party Insurance Policy

The Property Insurance Law Observer

The United States District Court for the Western District of Washington decided an insurance coverage case involving Plaintiffs Benny and Guangying Cheung and Defendant Allstate Vehicle and Property Insurance Company. Plaintiffs argued that the damage was covered under the policy, primarily resulting from theft.

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Prepare for the Unexpected — How to Help Policyholders With Disaster Planning

American Agents Alliance

A good first step in disaster planning is reviewing your insured’s coverage with them, pointing out any gaps, and suggesting ways to remedy them whether through endorsement, a separate policy, or another type of loss transfer mechanism. Discuss how to inventory personal property with receipts, photos, and videos.

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How to Read Homeowners Insurance Quotes

TGS

The quote will be based on many factors, including your home’s age, building features, location and size, as well as your insurance score. To feel confident in your policy before you sign, make sure you understand how to read a homeowners insurance quote. How Do You Get a Quote on Home Insurance, and How Long Does it Take?

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Why Finding Homeowners Insurance in California is So Challenging in 2024:

Jackson & Jackson

These events can cause extensive damage to homes and properties, leading insurers to be more cautious in providing coverage. The increasing frequency and severity of natural disasters in recent years have made insurance companies more hesitant to take on the risks associated with insuring California homeowners.

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Does Homeowners Insurance Cover Collectibles? 

Distinguished

Unfortunately, these unique risks are rarely appropriately covered by standard homeowner insurance policies. Avid collectors who rely on their homeowner’s policy are likely to encounter low coverage limits — if their collectibles are covered at all. For most, this will mean a collectibles policy.

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Discover the Added Value of Renter’s Insurance in Michigan

Shield Insurance Agency

Whether you’re renting a downtown apartment in Detroit or a cozy house in Ann Arbor, renters insurance offers valuable protection for your possessions and peace of mind for you as a tenant. With the right insurance plan, you can rest easy knowing that your valuables are covered.

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First-in-the-Nation Climate Disclosure Bills Become Law In California

Hunton Andrews Kurth

SB 261 specifically excludes insurance companies. How do I know if my company “does business in California?” The second disclosure law, SB 261, aims at increasing “transparency to policy makers, investors, and shareholders… [and] improve[] decision making on where to invest private and public dollars.”

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