Personal Liability in the Homeowners Form
A homeowner’s policy contains primary home liability which can be extended to other owned locations. It is important to note that an insurance policy is a conditional contract and attention must be paid to title and use of property. Without the correct insurance policy or applicable endorsement(s) there is a strong potential for a limitation […]
Titles, Ownership and Named Insured – An Insurance Perspective
Real Estate Investments: In the instance whereby there is a transfer of property from personal name to Limited Liability Corporation, or a grant deed recorded, for example a land trust, the insurance company should be notified and an endorsement should be issued on the policy specifying the name of the LLC or entity. It may […]
Auto, The Private Client Difference
Auto insurance is like homeowner’s insurance in that there are many insuring carriers competing for the right to insure high end property, however, policy coverage varies by insuring carrier and policy form options within a carrier’s offerings. There are many differences between the mass market auto policy and a private client policy, some of which […]