BUSINESS

What is the process of renting insurance?

In the event of a disaster, you might think that your landlord’s property insurance would cover damage to your belongings. However, you’d be wrong. Your landlord’s insurance only covers the building’s structures and common equipment, as well as their liability for injuries sustained on common property. Renters insurance, on the other hand, is needed for […]

BUSINESS

What is included? The “all-risk” Special Causes of Loss Form covers damage caused by any peril that is not specifically excluded.

Because they are not caused by an excluded peril, the three kinds of water losses listed below are covered. If the damage occurs suddenly, such as when a copper pipe that feeds a faucet in your office ruptures, then property damage caused by water leaking from a broken pipe or appliance (like a water heater) […]

BUSINESS

Water Damage and Broken Pipes.

Water Damage and Broken Pipes. Water Damage and Broken Pipes. Let’s say a water tank or pipe breaks and gets worse over time, or a washing machine breaks. There will not be coverage for the actual machine, tank, or pipe. But the damage that comes from the sudden break might be covered. The damage that […]

BUSINESS

Normal Inquiries Regarding Water Harm.

There are a few normal inquiries individuals pose to about what their home, condominium, or tenant protection will cover. For example: Is a leak of water covered? Is a toilet that leaks covered? Is damage caused by water from a leaky roof covered? Covered Damage from a sudden plumbing leak Appliance overflows Weather-related water damage […]