Ever tried to collect insurance on a building in a "war zone"??
Did it compensate the damage? It usually doesn't even come close, if one gets anything at all.
Sigh...
Our cities aren't "War Zones".
.
So many people are asking —
Does insurance cover riots and looting?
The answer: Yes,
standard insurance policies usually cover damage that results from rioting, looting, vandalism, and/or civil commotion. This would include damage caused by rioters as well as damage caused by the reactions of police and civil authorities during a riot.
Business Owner Insurance for Riots & Civil Disturbances
For businesses who have purchased property coverage, their commercial property insurance policy will cover losses from protests, riots, and civil disturbances. Commercial property insurance covers damage that results from vandalism, rioting, and civil commotion. These policies specifically include coverage for acts of looting in connection with a riot or civil commotion.
Many business owners have a
businessowners policy (BOP), which combines property, liability, and business interruption coverages. These policies should cover any damage to a business’ physical structure and its contents resulting from vandalism, rioting, or civil commotion. Coverage for plate glass windows is often not included and needs to be purchased separately because of their high risk. Businesses with a BOP can also opt-in for additional coverage for things like criminal activity, spoilage of inventory, and more.
BOPs are intended for small to midsize companies, normally with no more than 100 employees and $5 million in revenue. BOPs cost on average $1,200 a year, according to the
Insurance Information Institute. Coverage purchased as a single package is meant to be less expensive than if the coverage were purchased through separate insurance policies.