Property Insurance Roundtable
About This Show
Property Insurance Roundtable from Adjusters International features property and casualty insurance experts discussing current issues affecting first party claims. Each podcast focuses on a topic taken from an issue of Adjusting Today, a publication from Adjusters International that is written from a policyholder’s perspective and includes real-life examples intended to improve disaster preparedness.
Most Recent Episode
Disasters, Raising Questions of Insurance Adequacy - Adjusting Today Issue #3011
This podcast and the corresponding Adjusting Today - Disasters, Raising Questions of Insurance Adequacy: Bombings! Hurricanes! Earthquakes! Fires! - Article #3011 is designed to assist policyholders in making educated decisions regarding insurance coverages. On this episode, the expert panel will be discussing the ever-changing landscape of insurance coverages in the face of disasters such as bombings, hurricanes, earthquakes, fires and more. This conversation will explore risks that property owners may face, both natural and man-made, that can affect their coverage. Key Takeaways: [2:06] Is there a place in the world that is immune to disasters, man-made or natural? [2:49] Advice for business owners who have just suffered a disaster. [4:45] Is it true that after a large scale disaster, tenants who did not experience damage to their property may be prevented from re-occupying their property by order of Civil Authority? [10:34] What do business owners need to know about Civil Authority coverage? [13:53] What is the extended period of indemnity and how can business owners use this coverage after a property loss occurs? [19:28] Examples of obtaining materials in a low supply, high demand environment after a disaster. [24:03] Real life examples of common mistakes made by policyholders with regards to disasters. [28:16] How can home and business owners be sure they are evaluating their coverages adequately? [34:10] If a property owner owns more than one property at multiple locations, can all the locations be covered on one policy? [36:33] If a contractor cuts corners and the property is damaged afterward, what are some possible consequences for the insured? [46:26] Does a standard insurance policy cover documents and records lost during a disaster, and what coverages can help mitigate risk? [47:46] Are there unusual examples of man-made disasters that can help others learn from past mistakes? [51:41] The panel’s final thoughts on adequate coverages for manmade and natural disasters. Panel of Insurance Experts: L