BOP POLICY WILL NOT COVER RAIN LEAKS

2018-04-23T20:59:42-05:00March 24th, 2015|BOP - Business Operations Policy, Midwest Insurance Law Guide|

    Oh the horror of extensive water damage – especially to a business operation!! Insurers know this well.  Companies are very careful to underwrite only certain losses in a standard BOP (business operations policy) insurance form.  All other rain and water losses need to be covered by endorsement at an increased premium cost.  A small commercial Iowa store owner found this out the hard way. However before we get to [...]