Does a Homeowners Policy Cover Personal Property Stored in a Rental Warehouse?

From: Claims | Date: July 1, 1999| Author: | Copyright information

Leonard E. Murphy is counsel for the Property Loss Research Bureau in Downers Grove, Ill.

Issue: The insured suffered loss to personal property that was being stored in a unit at a self-storage warehouse. The warehouse management company leases the unit to the insured under a written lease for a specified term. The insured seeks coverage under her homeowners policy (ISO HO 00 03 04 91), which provides in part as follows: "We cover personal property owned or used by an 'insured' while it is anywhere in the world."

The issue raised is whether or not the property is covered. ...

Read all of this article with a FREE trial to HighBeam Research

Related newspaper, magazine, and trade journal articles from HighBeam Research

(Including press releases, facts, information, and biographies)

Does HO Policy Cover Personal Property in Public Storage?(Brief Article)
; ...coverage for personal property to property that is at the residence premises. Similarly...liability for personal property usually located...other than the residence premises, is 10% of the...C limit for personal property usually located...other than the ...
Student personal property coverage review is prompted by "spring break"
; ...thought to the personal property left by their...respect to personal property coverage...above .... " Personal property coverage applies to "personal property owned by or...liability for personal property usually located...other than the residence ...
Are Agents Selling Their Customers Short When Offering Personal Property Coverage?(Statistical Data Included)
; ...I found under Item 7, Coverage C (Personal Property) that there is a limit of $2,500...review of other coverages under the personal property section, together with some Internet...coverage in less prominent areas of personal property. There are no surveys that I know...
Classification and valuation issues affecting the ad valorem taxation of business tangible personal property.
; ...self-reported taxation of business tangible personal property difficult. Nevertheless, taxpayers...achieve significant reductions in personal property tax liability. Classification Classification...the taxation of business tangible personal property or have different tax rates for ...
GETTING RID OF THE VIRGINIA PERSONAL PROPERTY TAX ON CARS.(PORTSMOUTH CURRENTS)
; ...economy would be to eliminate the personal property tax and replace it with a gradual...stonewalled it. He wanted to get rid of the personal property tax and raise the sales tax to accommodate...things today like automobiles - the personal property tax hurts. I agree with a ...
More Equitable Than the Personal Property Tax
; ...Beyer Jr. (D) to eliminate or reduce personal property taxes in Virginia. Granruth mentioned...proposed had passed, however, the personal property tax could have been eliminated in...suffered little if any loss in revenues. Personal property taxes in Virginia in 1995 generated...
Personal property tax beats any substitute.(Metropolitan Times)(Editorial Voices)
; ...possibility of eliminating local personal property taxes is foolhardy. Eliminating the...a member, produced critics of the personal property tax and the heavy-handed collection...governments can employ against delinquent personal property taxpayers are: blocking the license...
WESTBROOK HIRING APPRAISER TO BEEF UP BUSINESS TAXES\ THE PERSONAL PROPERTY APPRAISER WILL SEEK OUT FIRMS AND EQUIPMENT THAT ARE NOW BEING OVERLOOKED.
; ...joining other Maine cities in hiring a personal property appraiser, someone who will seek...now overlooking. ``There's a lot of personal property that we're not getting,'' said James...and generate other revenue.'' The personal property appraiser is scheduled to start in...
Personal Property Appraisal Certificate Program to Begin in November
; ...Appraisers (ASA) is offering the Personal Property Appraisal Certificate Program a comprehensive personal property valuation program in fine arts...jewelry; and anyone interested in personal property appraising as a career. The...
Managing personal property taxes.
; States that tax personal property usually require taxpayers to complete an annual personal property tax rendition or return. Some states provide a single personal property tax return on which all property located within the state is reported...