Tag: Business Owners Policy

What is My Client Requesting on this Certificate of Insurance?

Sometimes, in the excitement of closing a deal, business owners may agree to insurance requirements that their current policy cannot honor.  In cases like this, it is during the issuance of the required certificate of insurance (COI) that this discovery is made. This could lead to a delay in issuing the certificate as the two companies iron out the insurance requirement details. In an effort...

The Difference Between Liability and Property Risks and Claims

Sometimes the lines between a property or liability claim can be blurry.  For homeowners and business owners alike, determining what type of claim to file or identifying which policies will respond to a given occurrence can be confusing.  Below, please find Beckerman & Co’s cheat sheet for determining if a policyholder is dealing with  property or liability insurance. The first helpful tip to remember is...