BI Worksheets Suck!

Sure, call me Captain Obvious.  I have yet to meet someone who talked about how much they love filling out or helping a client complete a Business Interruption (BI) Worksheet.  Over the years, I have found two major issues with BI Worksheets, as I will discuss further below. Despite their general dislike, these forms are … Read more

Are you sure you understand Extra Expense coverage? Expense to Reduce vs. Extra Expense

The term “Extra Expense” is often misused in the context of a commercial property claim. More importantly, Extra Expense is often improperly estimated and accounted for when placing coverage. A complete understanding of Extra Expense may eliminate unnecessary premiums. Conversely, a thorough understanding of Extra Expense coverage may allow coverage gaps to be filled that … Read more