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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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What Is Business Income Insurance?

Property Insurance Coverage Law

Fires, thefts, and other unexpected events can bring business to a halt, leading to significant revenue losses. That’s where business income insurance comes in. Business income insurance, also known as business interruption insurance, helps cover the loss of income … The post What Is Business Income Insurance?

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Understanding Multi-Family Property Insurance in California.

Jackson & Jackson

Investors must understand the importance of securing comprehensive commercial property insurance coverage to protect their investments. This article aims to provide an in-depth overview of ensuring multi-unit commercial properties in California, highlighting key considerations for investors.

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The Impact of Location on Commercial Property Insurance Rates

Jackson & Jackson

For property investors and owners, understanding how location impacts insurance rates is crucial for financial planning and investment decisions. This article explores how various location-based factors affect commercial property insurance rates in California and offers insights for managing these costs effectively.

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Navigating Commercial Property Insurance: A Guide for New Investors in California

Jackson & Jackson

One of the most crucial aspects to consider is commercial property insurance. This guide aims to help new investors understand the basics of commercial property insurance in California, ensuring that their investments are protected against unforeseen events.

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Homeowners Insurance: Do You Need It?

Property Insurance Coverage Law

Homeowners insurance typically covers natural disasters, theft, vandalism, and liability — but specific policies vary in terms of coverage. If you have a mortgage, you definitely need homeowners insurance. But even if … The post Homeowners Insurance: Do You Need It?

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Top 6 Insurance Policies Every IT Business in California Should Have

Jackson & Jackson

Business Property Insurance Your servers, laptops, and office equipment are essential for running your IT business. Business property insurance protects your physical assets against risks like fire, theft, or natural disasters.