Generally, no. However, if there is a claim each should be informed of the other policy and they will share the liability.
One gets a release liability when property is newly purchased by someone. When the property is purchased the release liability ensures that the owner of the property will pay of debt.
One Insurers total liability of a series of policies owned by the same Individual or Company
no - you cannot insure a property for more than the cost to rebuild - some states are specific laws making this practice illegal
Limited liability insurance covers bodily injury liability like paying for medical expenses or lost wages when an accident occurs or property damage liability which takes care of damages to property and attorney and settlement when one is sued.
No, two policies cannot be issued against a single property as per Insurance Law.
There are many companies that offer their customers property liability insurance. In the UK, these companies include AXA, Zurich and Ageas. Sites such as Compare the Market can be used to compare these.
You can purchase cheap public liability insurance from companies such as Direct Line and Simply Business. You can find out more about these companies and their liability insurance policies at their respective websites.
The property Owners Liability Insurance does not extend coverage to a Tenant. This is one reason a tenant might want to buy their own tenants liability coverage for their own protection.
The ball over fence law states that if a ball from one property goes over a fence and onto another property, the owner of the second property is not liable for any damage caused by the ball. This law helps clarify property boundaries and limits liability for property owners.
Personal liability insurance provides additional coverage to other insurance policies. Without personal liability insurance, any thing that one's home or car insurance could not cover, one would have to pay out of pocket. Personal liability insurance will cover those fines.
Providing relief from responsibility in the event of loss, damage, or destruction of property typically constitutes a form of indemnification or liability waiver. This action often involves one party agreeing to protect another from financial loss or legal repercussions related to specified incidents. It is commonly found in contracts and insurance policies, where one party seeks to limit their liability under certain circumstances.
Answer: Pollution liability policies vary greatly and are complex insurance policies. You need to make sure you work with a broker who has experience placing pollution/environmental insurance. The brokers job is to help you understand what you are buying, so don't hesitate to ask them questions if you don't understand. Answer: THE BEST WAY TO FIND OUT WHICH ONE HAS THE BEST POLLUTION LIABILITY INSURANCE POLICY IS TO COMPARE EACH ONE SIDE BY SIDE. EACH ONE WILL HAVE IT'S OWN POLICIES AND WHAT IT COVERS.