Types of Insurance Property Management Companies Need

Claims and lawsuits against property managers are a common occurrence. As the owner of a property management company, failing to have the proper insurance protection in place can leave you and your business exposed to unnecessary financial risk. As well, your clients are relying on you to carry the proper insurance to protect their assets.…

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Issues Involving the Use of Drones in Reconstruction Activity

Residential and commercial builders are now using drones to perform aerial views of properties, enabling them to use the recorded images and data for more efficient and accurate construction activities. Drone videography and photography services are also used by real estate agents and property developers to market listings and prospect for land development opportunities, respectively.…

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How Insurance Policy Exclusions Affect Insureds

A court decision in Tennessee regarding a homeowners’ insurance policy recently caught our eye. We thought it was a great opportunity to talk about the concept of misrepresentation and fraud. In the case of Conley v Tennessee Farmers, Dolores Conley brought suit against her homeowners insurance company, requesting they pay her claim for damages after…

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Homeowners Insurance

A class-action lawsuit filed recently in Philadelphia state court claims that Travelers is selling rot insurance to homeowners while concealing the actual terms of the proposed coverage. According to the lawsuit, Travelers Home and Marine Insurance Co. allegedly markets and sells add-on homeowners’ insurance to consumers that is supposed to provide coverage for rot and…

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Home-Based Business and Business Interruption

More and more people are working from home these days, whether it’s full-time for a brick-and-mortar company, as telecommuters, or as independent business owners. Because of the increase in work-at-home employees, it’s important to look at how insurance policies protect your home-based business property in the event of damage. 2018 was filled with horrific catastrophes…

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Tennessee Policyholders Bill of Rights

When you purchase an insurance policy, you’re ensuing that, in the event of a loss, there is a way for you to put your property back in pre-loss condition. Did you know that most states have a “Bill of Rights” for property owners which sets forth some basic rights to which a policyholder is entitled…

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Condo Insurance Dispute Must Be Arbitrated, Insurer Tells Court

In a notice filed with a Texas federal court on October 17, Lloyd’s of London underwriters and the International Insurance Co. of Hannover SE told a Texas federal court that the owner of a condominium complex must arbitrate a $1 million dispute over a denied insurance claim. The Winfield IT Condominium Association filed a lawsuit…

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