The chain broke, the horse got loose, and Robert was injured. A clear case of covered negligence – or was it? It turns out that Margaret had modified the trailer and later sold it to Robert. Robert claimed that the modifications caused the chain to break and sued Margaret for his injuries.

Margaret's carrier denied coverage, stating that Margaret's actions were part of maintaining her owned vehicle. Margaret and Robert argued that the exclusion couldn't apply because Margaret did not own the vehicle at the time of the accident.

Can anyone say … ambiguity?

Click here to discover how the court ruled.

Commercial General Liability (CGL) and Homeowner policies both have auto exclusions that eliminate duplicate coverage with commercial and personal auto policies. These exclusions have become more and more complex over the years in order to keep the coverages separate, and this may create significant gaps in coverage.

Click here to review the PF&M explanation of the CGL and homeowners auto exclusions.

Personal lines customers can become commercial lines customers rather quickly and not even bother to notify you. A nice home business can flourish and become an excluded commercial enterprise between renewals. Is your customer aware of the business-related exclusions in the homeowners policy?

Nine emarketing articles address business-related exposures and the homeowners policy. Consider adding one or more to your website or use them in your newsletter.

Click here to review two of the articles.

Hobbies and passions can become successful business operations. Some are easier to cover than others. Coverage for a horse breeder may be difficult to place because the market is limited. It also requires an experienced broker to identify potential gaps in coverage and the markets that can fill them.

Click here to read about horse breeder coverage and the markets interested in providing it.

Have you reviewed the latest update of Business Building Letters? Letters have been added to help you engage your customers in the following coverage discussions:

Have you found what you need in the Producer OnLine? Is there a classification
to add to the Producer's Commercial Lines Risk Evaluation System or a subject that you would like to see covered in PF&M?  Contact us now.

11690 Technology Dr.
Carmel, IN 46032
800.428.4384
317.816.1000 (fax)

Producer OnLine
Subscribers
LOG IN HERE

West Bend
Producer OnLine
Subscribers
LOG IN HERE

Rough Notes Website

Subscribe or Renew
for FREE to
Rough Notes Magazine