Skip Ribbon Commands
Skip to main content
OTHER PAGE

The CGL Loss Settlement Clause

While there can be disagreement over the amount of recovery, the valuation of claims under most property and inland marine forms is a fairly straightforward process. In most cases, the insured has selected a valuation method...actual cash value, replacement cost, agreed amount, etc. However, when the insured has damaged someone else's property, how is the value of that property determined when the responding policy is a CGL or other liability form?

Big ‘I” members must be logged in to view all the content on this page.
 

image 
​127 South Peyton Street
Alexandria VA 22314
​phone: 800.221.7917
fax: 703.683.7556
email: info@iiaba.net

Follow Us!

Empowering Trusted Choice®
Independent Insurance Agents.​