Your clients advise they are having their condominium unit renovated. Until it is ready for occupancy, they will be placing most of their household goods in storage for six weeks. They ask you if coverage under their Condominium Unit Owners Comprehensive policy will extend to the property in storage. What do you tell them? There is no coverage at the warehouse location. Only fire and theft coverages applies to property in storage. All coverages under their present policy will continue to apply. All coverages continue for 30 days. After that, only theft is covered, if requested in writing.
Your clients advise they are having their condominium unit renovated. Until it is ready for occupancy, they will be placing most of their household goods in storage for six weeks. They ask you if coverage under their Condominium Unit Owners Comprehensive policy will extend to the property in storage. What do you tell them? There is no coverage at the warehouse location. Only fire and theft coverages applies to property in storage. All coverages under their present policy will continue to apply. All coverages continue for 30 days. After that, only theft is covered, if requested in writing.
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