Virtual University

Experts outline the differences in coverage and scope.

The building’s previous owner may have not replaced the roof after a previous hail storm, and the carrier denied the current owner’s claim after a more recent hail storm because it’s classified as old damage.

A carrier is saying an electric surfboard is a hovercraft, but the the agent argues that an electric surfboard would be a watercraft, less than 50 horsepower, and therefore would be covered under the homeowners liability.

What issues might come up if a property owner does not carry their own property and liability insurance because, based upon the triple net lease, the tenant must provide all of this insurance for the landlord?

If an insured requests to remove a vehicle from their personal auto policy on the day it was sold, should the change be made effective that same day or the day after?

Would personal auto and personal umbrella policies ever respond if a named driver was named in a suit while driving a company-owned auto?

A client has been very belligerent to agency staff throughout the years yet still stays with the agency. If the agency gives a 60-day notice, can it non-renew this client?

To grant a permit for a driveway, the county is requiring the property owners to add the county as an additional insured, which the carrier won’t do.

A firewood company has $500,000 of stock on 12 acres, but the business personal property policy says it is only covered with 100 feet of the building.

Mortgage lenders are requiring agents to supply a replacement cost estimate (RCE) for refinance closings. Is this something the agents should be doing?