Is It Covered? Snow, Ice & Sleet
Do your investor clients know that damage from the weight of snow, ice, or sleet is only covered under certain policy formats? For your clients who invest in more northern […]
Is It Covered? Liability for Non-Covered Items
Generally, if an item is excluded from the Property Coverage on your investor client’s property, it is likely not covered in their Liability Coverage either. Keep in mind that while your client’s Property Coverage protects damage that happens to their investment property, (i.e., the physical building), Liability Coverage protects their financial well-being associated with that property.
Is It Covered? Trees, Shrubs, & Landscaping
Coverage relating to trees and other greenery on a property can vary widely depending upon the specific circumstances of an incident. Some policies may include limited coverage, while others exclude it. Depending on the cause of a fallen tree and if it was healthy or dead at the time it fell, coverage for property damage or bodily injury may or may not be available.