Brokers strive to do a great job for their clients, butsometimes overlook certain coverages. This could lead to a “failureto recommend” claim, and increased liability for the agent orbroker in case of a loss.
During a webinar for the independent agents' associationsrepresenting Delaware, Maryland and Pennsylvania, educationconsultant Jerry Milton, CIC, detailed five property coverages thatbrokers may overlook for property-owning clients.
Mistake 1: Failing to adequately cover improvements andbetterments, for tenants
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