HOW TO HANDLE OVERLAPPING INSURANCE – Part I
DO BOTH POLICIES APPLY? We cannot definitively answer this questions, dear Readers, without analyzing both policies in order to determine whether the polices insure: 1. The same entities; 2. The same interest in the same property; and 3. The same risk. See, American Family Mut. Ins. v. Regent Ins. Co., 288 Neb. 25, 41 (Neb. S. Ct. May 2, 2014). It is not necessary that the policies provide identical coverage in all [...]