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Commercial property
310002-00
Return premium—fire fees
When a policy is canceled, must the fire insurance fee be returned?...
310021-00
NYPIUA vandalism coverage
My insured has a rental property insured in the New York Property Insurance Underwriting Association. The property suffered extensive water damage......
310052-00
Landlord policies as personal lines
Our company writes a landlord policy for three- and four-unit residential dwellings. We will be raising the rates on these policies. Are they......
310076-00
Simplified renewal OK for anti-arson apps
Can we send in a renewal application on a policy that is subject to the anti-arson application requirement that simply states “no......
310121-00
Lead-paint exclusions
It would be appreciated if you could confirm that, in order for an insurance carrier to deny coverage under a habitational real-estate package......
310152-00
Midterm cancellation
We wrote a commercial policy in September. In December, after the policy had been in effect for more than 60 days, the insured got a midterm......
900053-00
Building ordinance coverage
Under the ISO Building and Personal Property Coverage Form and the Ordinance or Law Coverage endorsement, does the Increased Cost of Construction......
900062-00
Post-loss waiver of subrogation
We have a client who is a tenant insured on an ISO Commercial General Liability Policy. The tenant’s lamp started a fire that caused......
900066-00
Waiving your rights
When the ISO Commercial Property Policy speaks of waiving “your rights,” doesn’t it ultimately mean a waiver of the......
900070-00
Debris removal
We need your interpretation of an ISO Commercial Property Insurance form (CP 00 10) with respect to the limits provided for debris removal. We......
900107-00
Burst pipe
We have a claims dispute over a commercial property loss. The building owner submitted a claim for an incident in which a pipe burst underground,......
900108-00
Liberalization clause
If a carrier adopts a change to a commercial property policy that broadens coverage, when does the change affect in-force policies?...
900109-00
Lightning damage
Lightning hit an electric line leading to an air-conditioning unit on the roof of a building. The unit was damaged. The company claims Exclusion......
900110-00
Perishable stock—spoilage coverage endorsement
We have a pet shop insuring its property with the Cause of Loss—Special Form perils. Suppose a power or equipment failure causes $10,000......
900111-00
Functional valuation
At an E&O seminar I attended, the instructor mentioned the “functional replacement cost” endorsement. Could you explain the use of......
900112-00
Medical equipment—inland marine or commercial property form?
My client leases space but owns and operates a large medical-imaging machine, valued at about $900,000, which is installed at his leased premises.......
900113-00
Goods held for delivery
We insure a manufacturer under an ISO Building And Personal Property Coverage Form. The manufacturer invoiced his customer on March 31 for......
900125-00
Liquidated damage agreement; commercial property waiver of subrogation
I just ran into a new term. Could you tell me what a “liquidated damage clause” is? This involves an alarm company contract. The alarm......
900211-00
Glass coverage
The commercial property form now includes building glass coverage. Is there a deductible and a per-pane limitation in the form? How is tenant......
900222-00
Ordinance or law coverage for improvements and betterments
I place coverage for many clients that pay a considerable amount of money to make improvements in the buildings they lease in order to accommodate......
900226-00
Permanent fixture
We recently received a denial on a commercial property claim for wind damage to a gate, which is permanently mounted on an enclosure attached to......
900227-00
Improvements and betterments
Does the definition of “your business personal property” in the ISO CP 00 10 form include coverage for fire damage to the following......
900295-00
Governmental action exclusion
We have had a claim denied where our insured owns a commercial property. The central alarm system alerted the local volunteer fire department to......
900382-00
Scheduled buildings on commercial blanket property policy
Would an insured with a commercial blanket property policy have to list all of their buildings on their insured location?...
900383-00
Water damage from off-premises sewer
A sewer cracked in front of our insured’s building (underground in the street). The town is calling it an abandoned storm sewer. The cracked......
900425-00
Additional coverage to recover tax credit
My commercial client obtains a 20% Federal Rehabilitation Tax Credit in recognition of the cost associated with rehabilitating historic buildings.......
900448-00
Tenant with cannabis business
I have a landlord client who is not in the cannabis business, but his tenant may have an exposure with cannabis products. Given that most policies......