General liability insurance for commercial structures.(Insurance Insights): An article from: Journal of Property Management
Book Details
Author(s)Philip K. Glick
PublisherInstitute of Real Estate Management
ISBN / ASINB00093MLAA
ISBN-13978B00093MLA2
AvailabilityAvailable for download now
MarketplaceUnited States 🇺🇸
Description
This digital document is an article from Journal of Property Management, published by Institute of Real Estate Management on May 1, 1995. The length of the article is 2054 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
From the supplier: Property managers and building owners should always assign a general liability insurance for each of their buildings. This protects them from huge losses that are highly prevalent in real estate. The simplified form of the general liability insurance policy now features several coverage extensions which previously had to be bought separately. Now included in the new form are premises or operations, products or completed operations, personal injuries, contractual liability and broad form property damage. Despite these extensions, several gaps and limitations in general liability insurance still exist. These include policy aggregate limits, absolute pollution liability exclusion and punitive damages exclusion. Managers and owners should make sure to fill these gaps and be aware of the limitations. They should also address coverage issues such as all-risk policies, valuation issues and boiler and machinery insurance.
Citation Details
Title: General liability insurance for commercial structures.(Insurance Insights)
Author: Philip K. Glick
Publication:Journal of Property Management (Refereed)
Date: May 1, 1995
Publisher: Institute of Real Estate Management
Volume: v60 Issue: n3 Page: p68(2)
Distributed by Thomson Gale
From the supplier: Property managers and building owners should always assign a general liability insurance for each of their buildings. This protects them from huge losses that are highly prevalent in real estate. The simplified form of the general liability insurance policy now features several coverage extensions which previously had to be bought separately. Now included in the new form are premises or operations, products or completed operations, personal injuries, contractual liability and broad form property damage. Despite these extensions, several gaps and limitations in general liability insurance still exist. These include policy aggregate limits, absolute pollution liability exclusion and punitive damages exclusion. Managers and owners should make sure to fill these gaps and be aware of the limitations. They should also address coverage issues such as all-risk policies, valuation issues and boiler and machinery insurance.
Citation Details
Title: General liability insurance for commercial structures.(Insurance Insights)
Author: Philip K. Glick
Publication:Journal of Property Management (Refereed)
Date: May 1, 1995
Publisher: Institute of Real Estate Management
Volume: v60 Issue: n3 Page: p68(2)
Distributed by Thomson Gale
