Why Was My Condo Insurance Claim Denied?

Tennessee has a lot of condominiums. When condo owners suffer losses, they sometimes face challenges that single-family homeowners don’t. The insurance company may deny the claim based on exclusions, or lowball the claim based on the type of damage done. Your personal condominium insurance policy, known as an HO-6 policy, will most often cover losses…

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Was Hotel Damage from Hurricane? Insurer Says No

MS Amlin insurance company sued the policyholders of a Florida hotel, stating that Hurricane Irma did not cause the more than $1 million in damages claimed. Instead, they argued that the majority of the building’s issues already existed before the September 2017 storm, and were mostly the result of shoddy construction work. The lawsuit The…

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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 Misrepresentation Can Void Your Insurance Policy – A Must-Read

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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Class Action Suit Against Travelers Alleges Deceptive Insurance Practice on Rot Coverage

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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