Public liability policies routinely exclude coverage for damage to property in an insured's care, custody, or control. This leaves a big gap in a tenant's coverage, a gap partially filled by an exception in the commercial general liability policy that restores limited coverage for fire damage to the landlord's building. Perhaps the best benefit of the exception is to call attention to the exposure so arrangements can be made for broader coverage at appropriate limits.
Limited coverage for damage to a premise caused by a fire for which you may be held liable.
Liability of a firm or person for fire damage caused by negligence of and damage to property of others. First party claim: a demand made by a policyholder reporting an insured event directly to his company.
An insurance policy which protects the insured against liability incurred when his negligent actions result in the destruction of property which is in his care, custody or control.
This insurance applies to property loss liability as the result of negligence on the part of the Insured which allows the spreading of fire to others' property.
Liability of a business or a person for damage caused by negligence to property of others.
A form of liability insurance that covers damage to leased or rented property caused by fire or other specified perils.
Liability of a firm or person for fire or explosion damage caused by negligence of and damage to property of others. Coverage is needed for leased or rented property for which the Insured could be held legally liable for damage to the property.