Commercial Property Losses – The Lease and Insurance Coverage
After a property loss an adjuster may need a copy of the lease to determine who owes for what damage. Ordinarily landlords and tenants
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A broken windshield is possibly the most common type of auto insurance claim. At Brooks Insurance Agency 1 out of every 3.5 auto damage claims filed during the first ten months of 2011 was for a broken windshield as opposed to 1 out of every 5 just five years ago. There are several reasons to explain the increase.
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Foundation trouble can be serious and is often traced back to the condition of the surrounding soil. If there are wide cracks near the top of the structure the problem might be excess moisture. Too much moisture in the soil causes it to lose its ability to hold together and support the structure’s weight.
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It can be difficult for an agent to explain the differences between coverage for theft and coverage for vandalism to someone who has experienced a copper theft. There may be coverage for one cause of loss but not the other.
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You find water stains on your ceiling and walls after a storm so there must be damage to your roof. The
adjuster will inspect your roof looking for storm damage or indications that it is either worn out
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Commercial Property Losses and the Examination Under Oath Policy Requirement