Just Because It’s Not Covered Doesn’t Mean It’s Not Covered
The insured’s brother-in-law was helping him clean up some storm damage when a tree limb damaged his lawn tractor. The adjuster denied the damage as a liability claim under the…
Property Coverages
Direct vs. Consequential Damage in the Homeowners Policy
Here’s the scenario: Windstorm and/or hail has damaged shingles on the roof of your insured’s home. Since the roof is over 15 years old, replacing selected shingles with new ones…
Sublimits and Deductibles
When property that is damaged is subject to a policy sublimit, does the deductible apply to the loss or the sublimit? This is an age-old question, but it recently came…
Why Buy a Renter’s Insurance Policy?
On October 4, 2009, while I was visiting my parents in Vero Beach, at 4:32 a.m. my cell phone rang and the caller ID showed it to be my daughter.…
Insuring Gift Cards – Personal Lines
Gift cards have become an increasingly popular form of giving for Christmas, birthdays, and many other occasions. Each year, BILLIONS of dollars are spent on gift cards, many of which…
When Does an Insured “Acquire” Property?
The HO 04 60 covers acquired jewelry (for a sublimit) if reported within 30 days. If any insured buys jewelry on March 7 but doesn’t pick it up until April…
