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Insurance

Oct. 17, 2017

Insurance from economic losses resulting from recent fires

Property insurance policies typically cover the physical losses caused by fires, including damage and destruction of structures and personal property. However, many other losses also may be covered by property insurance, including loss of business.

Kirk A. Pasich

Partner
Pasich LLP

Insurance defense litigation, entertainment

1100 Glendon Ave Fl 14
Los Angeles , CA 90024-3518

Phone: (424) 313-7850

Fax: (310) 500-3501

Email: kpasich@pasichllp.com

Loyola Law School

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Insurance from economic losses resulting from recent fires
An aerial view of a handful of homes that escaped destruction by wildfire in the Coffey Park neighborhood of Santa Rosa, Oct. 11. (New York Times News Service)

Property insurance policies typically cover the physical losses caused by fires, including damage and destruction of structures and personal property. However, many other losses also may be covered by property insurance, including loss of business.

For example, most property policies provide business interruption insurance. In Pacific Coast Engineering Co. v. St. Paul Fire & Marine Insurance Co., 9 Cal...

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