Author : Hutchison & Steffen

HUT Trap

Beware of this ‘trap’ in commercial insurance


Many commercial insurance policies contain what’s called a “protective safeguards endorsement.” This gives the property owner a break on its insurance premiums if the owner protects the property through a fire alarm, automatic sprinkler system, fire safety service contract, or other method of preventing harm. Sounds like a good idea, right? It can be ……