Search found 2 matches

by NorCal
Mon Oct 05, 2009 11:02 am
Forum: Opinions
Topic: Extended Business Income Commerical Property
Replies: 1
Views: 2019

Extended Business Income Commerical Property

Many carriers are now offering 18-24 months of extended BI, and many lenders are now requiring same. If an insured has purchased Building Ordinance A/B/C does the extended BI respond? Most carriers go glassy eyed, drool, and mumble about "finding out". Hint most do NOT extend coverage at a...
by NorCal
Thu Oct 01, 2009 11:20 am
Forum: Opinions
Topic: Named Insureds on Commerical Property
Replies: 0
Views: 3618

Named Insureds on Commerical Property

Subject has come up about insuring multiple named insureds on CP polices. This carrier rhymes with Scarblers, wants to separately list every property with the exact ownership tied to each property. After 30 years of using first named insured as primary payee, the 800 pound gorilla wants only ripe ba...