Election Results: Property Damage Coverage Issues
By Chris Boggs, the Big I’s Executive Director of Risk Management & EducationNews reports from across the country tell of retailers boarding up their buildings in attempts to curtail damage from rioters post election. From an insurance perspective, are there any coverage issues these retailers should consider? Insurance coverage questions asked over the past several days in preparation for the election have center around several common terms:Riot,Civil unrest,Insurrection, and even War.Each read similarly, “If my insured’s property is damaged by (fill in the blank from above), is there coverage? Understand that no (or very few) coverage question(s) is/are answered with a simple “yes” or “no.” There is…