What happens if you operate a business – say an auto repair shop – as a means of making a living, and then suffer a fire loss to personal property located in that business? Assume the fire occurs as a result of working on a car in your repair shop, but that at the time of the fire you were…
In the aftermath of a catastrophic explosion or fire, it is not surprising when victims or their family members do not think about the need to preserve evidence. But in those cases where there is litigation to determine who or what may bear fault for causing the incident the efforts, or lack of efforts, to preserve and protect the evidence…
Got water?
Here is the 2013 Homeowners Complaint Index published by the Indiana Department of Insurance.
When the SIU Goes Too Far:
Insurance policy forms are about as much fun to read as the tax code or your credit card agreement. Typically, these forms consist of various parts and pieces that refer back to one another and can only be made sense of using highlighters, sticky notes, and a diagram. Nevertheless, they are critically important documents that set forth your rights and…
Varda v. Auto-Owners Insurance Company
Today’s storms in Illinois and Indiana have been classified by the National Weather Service as a “PDS” — Particularly Dangerous Situation. Many of the storm cells blew through the area at speeds near 70 mph. These storms are known to have caused significant damage in both Illinois and Indiana.
The recent catastrophic warehouse fires in Indianapolis and Fort Wayne are a good occasion to consider what type of coverage is best on large, older industrial or commercial buildings that have useful purposes but may, in fact, be impossible or impractical to replace. It is also a good time to think about what amount your insurance company may owe you…
If you’ve had a devastating fire at your home or business, you are probably primarily concerned with cleaning up, rebuilding, and getting things back to normal as quickly as possible. If you had the good sense to purchase an appropriate policy of insurance for your home or business, you have bought and paid for peace of mind.