Schwartz, Conroy & Hack An all-risk commercial property insurance policy does not, in fact, cover all risks. Every property insurance policy has exclusions, and one of the most common – and most often disputed – is the water damage exclusion. What is a water damage exclusion clause? A water damage exclusion clause bars coverage for… Continue reading The Water Damage Exclusion And Your Commercial Property Insurance
Tag: Water Damage Exclusion
Broken Water Main Damage: Flood or Not Flood Under Homeowner’s Insurance Policy?
Paul LaSalle | Property Insurance Coverage Law Blog | May 9, 2019 In a recent court opinion,1 the New Jersey Appellate Division interpreted a homeowner’s insurance policy’s water damage exclusion and determined whether damage from a broken municipal water main under a public street was covered under the policy. In that case, a homeowner brought an… Continue reading Broken Water Main Damage: Flood or Not Flood Under Homeowner’s Insurance Policy?