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.
Windstorms,Tornadoes, and Floods, Oh My!
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.
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