Sentences with phrase «liabilities of the building owner»
It is meant to insure a person or family's possessions and financial stability, regardless of the liabilities of the building owner.
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According to a release from the NIC, the compulsory insurance will cover fire and allied perils like flood, earthquake, the collapse of buildings, storm and as well, legal liabilities of an owner or occupier of premises in respect of loss of or damage to property, bodily injury or death suffered by all users of the premises and third parties.
Limited - liability company 121 East Water Street, connected to DeFrancisco's wife and owner of the law firm's building, received $ 83,546 in Empire Zone tax credits, despite reporting only one job, the records show.
Auto & General provides commercial insurance in three general classes: property insurance, which provides protection against events such as a business owner's building being damaged in a fire; liability insurance, which protects the business owner in the event of negligence, and business vehicle insurance.
Liability cover for the owner of the building and domestic employees.
While the owner of the building likely has insurance to cover the damage, he may not have enough liability coverage to protect those in nearby buildings if the fire spreads.
It is, of course, the responsibility of the building owner's coverage and / or your liability coverage to handle cleanup of the structure itself.
When their health insurance company is looking for reimbursement for the hospital stay resulting from your fire, when the people who lost everything want to be paid for their personal property, and when the owner of the building wants his deductible back, you'll be glad you have renters insurance liability coverage.
The building owner, their insurance company, and residents of the building will all come after you in this situation, which is why you have liability coverage on your renters insurance.
Premises liability is the legal term for the responsibility of a property owner to keep buildings and land reasonably free of hazards that could injure others.
The contractor reimbursed the owner of the building approximately $ 134,000 for the damage to the windows and then sought indemnification under its commercial general liability policy (the «Policy»).
According to Georgia premises liability law, all property owners have a «duty of care» to other people who use or visit their land or buildings.
In addition to close to 30 years of trial experience in toxic tort litigation on behalf of asbestos manufacturers, Dan has also developed an extensive involvement in lead paint litigation on behalf of building owners and has also tried auto, premises, exercise equipment and various other product liability claims, representing manufacturers and insurers.
It is, of course, the responsibility of the building owner's coverage and / or your liability coverage to handle cleanup of the structure itself.
While the owner of the building likely has insurance to cover the damage, he may not have enough liability coverage to protect those in nearby buildings if the fire spreads.
The building owner, their insurance company, and residents of the building will all come after you in this situation, which is why you have liability coverage on your renters insurance.
Business insurance coverage includes the insurance towards commercial building, business liability, commercial automobiles, employees, farms, etc., coverage of employee group insurance and accident insurance is the highlight of business insurance offered by Auto Owners Insurance.
When their health insurance company is looking for reimbursement for the hospital stay resulting from your fire, when the people who lost everything want to be paid for their personal property, and when the owner of the building wants his deductible back, you'll be glad you have renters insurance liability coverage.
Some of our Commercial insurance coverages include Business Owners Policy (BOP), General Liability, Commercial Auto, Apartment Building Owners, and Workers Compensation.
An owner frees itself of potential liabilities that come with property ownership, such as building depreciation, debt service payments, maintenance, insurance, and tax liabilities.