Originally published by Shane Smith.
Depending on the jurisdiction, one element of an insured’s damages in a first-party property insurance claim may include consequential damages. Consequential damages are an indirect result of a direct loss.1 Lost profit, lost rents, and lost business opportunities are examples of consequential damages that could be incurred as a result of a direct physical loss…… Continue Reading
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from Texas Bar Today http://bit.ly/2M51fiC
via Abogado Aly Website
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