Insurance companies tend to limit the loss of electrical arcing to the electrical components and hire experts to say that a fire did not occur to limit coverage. Many business policyholders and public adjusters may not be aware of the following clause found in the vast majority of commercial property insurance policies: g. Electrical Currents …
The post Electrical Arcing Versus Fire Damage Claims—What is Covered and Why Equipment Breakdown Coverage Should Be Sold With Every Commercial Policy appeared first on Property Insurance Coverage Law Blog.