Likewise, in the case of premises liability, most claims involving assault and battery are specifically excluded. Insurance coverage is obviously important to both a claimant as well as to the business because without insurance the business is left exposed to liability. Comprehensive and collision coverage is optional and it protects your own vehicle from damage, theft, and vandalism. Uninsured motorist coverage is also optional and that covers you in the event that the other party does not have insurance at the time of the accident. Frequently, coverage disputes for an accident arise on the basis that the policy was cancelled.
Cancellation can occur for nonpayment of a premium or the failure to renew.
Again, insurance coverage is important both for a claimant and the insured for without it the parties are left to fend for themselves. In other words, the insured may face personal liability for damages that were caused while the claimant will have to pursue the insured personally for the damages. Residential coverage may cover property damage due to flood, fire, or windstorm. Residential insurance also may be purchased for liability coverage for damages or injuries that may occur on the premises of the property. Frequently coverage disputes arise as to whether a particular damage is excluded under the policy.