Property Articles

January 2, 2019

Ask The Experts: Do I Need Business Interruption Coverage?

If your operations are shut down due to a loss, do you have the coverage to keep the doors open?

READ
December 28, 2018

De-Winterizing Your Property

With warmer weather coming, how do you wake your buildings and plumbing systems from winterization?

READ
July 10, 2018

Ask the Experts: Hail Coverage

As we all know, hail in Colorado can cause a huge amount of damage. The damage and repairs from hail storms can lead to lost business and service interruptions. In the past five years, we have paid out more than $6 million for losses caused by hail, which includes over $1 million each in 2016 and 2017.

READ
March 28, 2018

Ask the Experts: What is Business Income coverage?

The CSD Pool includes up to $250,000 for Business Income including Extra Expense/Rental Income for a covered loss. Business Income will pay for net profit or net income that would usually be earned by normal operations had there not been a loss, including payroll.

READ
March 28, 2018

Ask the Experts: Flood coverage

Unlike outside flood programs, ours is automatic for all scheduled property. We cover your assets for up to $2,000,000. For some, this limit may cover the repair of their facilities.

READ
March 28, 2018

Ask the Experts: Notice of Occurrence

A notice of occurrence simply means notifying your insurance company of an incident, which can help your organization in several ways: preventing further damage to its property as well as paying fewer out-of-pocket costs.

READ
January 2, 2018

Ask the Experts: Subrogation

Subrogation refers to the act of substituting one thing for another. In the case of a covered loss, it means substituting one person (a third party found to be at fault) for another person (the original covered party).

READ
January 2, 2018

Putting Auto Claims into Perspective

Smartphone cameras now boast megapixels, units of image resolution, comparable to actual digital cameras, giving consumers the ability to capture images with surprising clarity. There are many instances where a handy camera can prove invaluable, and a car accident is one of them.

READ
October 10, 2017

Don’t Wait! Now’s the Time to Winterize Your District’s Property [Updated]

Your personal homeowner’s insurance policy likely contains an exclusion for damage caused by frozen pipes if you leave your home unheated or fail to drain your pipes while being away for an extended period. In the eyes of your insurance company, this is a matter of personal responsibility—to your insurer, failure to take these sensible steps is negligence.

READ
July 17, 2017

Ask the Experts: Underground Property

While we specifically exclude coverage for underground property, there is an exception for underground property that is specifically scheduled and properly valued. Storage tanks, wells, and pipes are often overlooked when updating scheduled property.

READ