Windstorms,Tornadoes, and Floods, Oh My! Property Insurance Basics That Every Lawyer Should Know

Volume 26 No. 05

By

Marie Antoinette Moore is a member in the New Orleans office of Sher Garner Cahill Richter Klein & Hilbert, L.L.C., and group vice-chair of the Real Property Division’s Leasing Group. She is a member of the Diversity Committee and a co-chair of the Corporate Sponsorship Committee.

A property owner and its lawyer should review its property insurance forms carefully to be sure that if a casualty occurs, the owner will receive enough proceeds to replace the property and to cover business losses; the lawyer should keep basic property insurance principles in mind when drafting leases and other contracts for the property.

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