Property Coverage Risk - Avoiding Hidden Coverage Limitations in Property Insurance Programs
Higher education institutions are some of the world’s largest landowners, with campuses and buildings sprawling across state and even national borders.
Transferring the risk of loss or damage to portfolios that often include hundreds of buildings, thousands (if not millions) of acres of land, and facilities of every imaginable kind and use is, to put it lightly, complex. This is especially so in a risk landscape where natural disasters are increasing in frequency and intensity, and the costs of construction, clean-up, and remediation have never been higher.
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