An insured homeowner's carrier may need to look at that policyholder's condo association master agreement to determine liability for a loss.

When a term is not defined in a policy, courts generally go to a standard desk reference since that is what the average insured would do.

The insured's materials, supplies and equipment are covered property; property not being installed like buildings land or completed projects is not covered.

Agreed value is also referred to as agreed amount. The agreed value endorsement in a property insurance policy waives the coinsurance clause.

It may be necessary to comb through the relevant policy language to determine whether family members or part-time residents are covered after an on-premises loss.

The option to take actual cash value instead of replacement cost, with claiming replacement cost within 180 days of the date of loss, is a conscious decision by the insured.

When does a waiting period apply to business income expense coverage?

Should an accounting bill be counted as part of a business interruption claim expense? What about the cost of temporarily relocating a business?