Insurance Information Institute Riots
The insurance information institute since 1960 a source of insurance data and information for the media and consumers has agreed to affiliate with the institutes an expanding education.
Insurance information institute riots. Business insurance is similar to consumer car insurance. Approximately three quarters of u s. Damage to the physical part of a business and its contents that is caused by fire riots civil commotion or vandalism is generally covered under a standard business owners policy wrote the. In terms of the damage nationwide this could be one of the costliest u s.
Are covered perils under virtually all business owners and commercial insurance property. We are the insurance information institute. Damage to the physical part of a business and its contents that is caused by fire riots civil commotion or vandalism is generally covered under a standard business owners policy also known as a bop. The insurance information institute said riots civil commotion vandalism looting and fire in the u s.
Some businesses purchase coverage for plate glass windows separately. Civil disorders said loretta worters vice president of media relations at the insurance information institute. Was the 1992 los angeles riots according to pcs the insurance industry s primary source for compiling and reporting insured losses. When a hurricane threatens to bear down make sure that you know how to batten.
Basic liability is required by many landlords though not all in a lease agreement protecting proprietors in the event that they face. We serve consumers media and professionals seeking insurance information. Drivers chose to buy this optional coverage as part of their auto insurance policy. The largest riot related insurance losses came after the 1992 los angeles riots according to the insurance information institute an industry funded consumer education association.
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