Wednesday, February 12, 2020

Claim Expenses Denied as Unforeseen Costs?

Originally published by Daniel Veroff.

However careful you are, unforeseen costs occur during the course of construction. In a recent case, a prominent carrier refused to cover them, citing this common policy provision: Loss will be payable after 60 days after we receive your proof of loss and; a. reach an agreement with you; or b. there is an entry… Continue Reading

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