Overview

For real property businesses, maintaining first and third party insurance in proper order can be a matter of economic life or death. Insuring Real Property Businesses is the first book to focus exclusively on the insurance issues facing the real estate industry, from the most basic to the most advanced. This in-depth look at policy terms, legal issues and risks includes coverage of: terms of art commonly used in the field; insurance contract interpretation and construction; first party property and business interruption insurance: third party comprehensive general liability insurance(CGL); CGL coverage exclusions, including the pollution exclusion'; directors and officers liability insurance: professional liability insurance; surety bonds; accessing other persons' insurance policies; and loss control services. Insuring Real Property Businesses ddiscusses uniform principles as well as unique aspects of particular categories, lines and types of insurance, including the varieties of first party insurance of greatest concern to real estate-related businessesproperty insurance and builders' risk insurance. Insuring Real Property Businesses is an essential legal guide for owners, developers, contractors, lenders, engineers, architects and other real estate professionals.

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9781588521453

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