by Ed Beckmann | Jul 31, 2020 | Insurance Claims, Insurance Claims 101
TWO DEADLINES TO CARE ABOUT Insured property owners need to be thoughtful about two important deadlines that often fall on the same date but are not the same. These two deadlines are the deadline to claim or complete repairs to recover replacement cost benefits, also...
by Ed Beckmann | Jun 29, 2020 | Insurance Claims, Insurance Claims 101
DOES INSURANCE COVER RIOTS AND LOOTING? The hottest topic in insurance circles is whether property damage from recent riots and looting is covered by insurance. Like coverage of damage arising from COVID-19 business closures, the immediate but unsatisfying answer is...
by Ed Beckmann | May 28, 2020 | Insurance Claims 101
CAN AN INSURNACE COMPANY SLOW AN ADJUSTMENT DUE TO COVID-19? Many property owners are frustrated by slow insurance claim processing due to COVID-19. People ask whether insurance companies can slow the process due to the pandemic. My general answer is, “yes, they...
by Ed Beckmann | May 14, 2020 | Insurance Claims, Insurance Claims 101
BUSINESS LOSS INTERRUPTION COVERAGE COVID-19 Brings to Life Coverage That Is Typically Straightforward For two months the hottest topic in insurance claim circles is whether business loss interruption coverage applies to businesses closed due to COVID-19. Most...
by Ed Beckmann | Apr 16, 2020 | Insurance Claims, Insurance Claims 101
CIVIL AUTHORITY INSURANCE COVERAGE A hot topic is insurance coverage for property closed due to a stay-at-home or safer-at-home order. Every article on this subject I have read concludes that “it depends on how the policy reads”, which is an accurate but unsatisfying...