| Q&A of the Week |
Coverage for Rented or Leased Solar Panels
A Rhode Island subscriber recently asked the following question:
Can you shed some light on coverage for solar panels? These are becoming more and more popular. In particular is there any coverage under the homeowners policy if the solar panels are not owned by the insured? If they are leased or rented? The panels are on the roof.
ANSWER: If the solar panels weren't leased, they'd just be coverage A. Since they are leased/rented to the insured, you look to the liability coverage since solar panels aren't really personal property. The liability section excludes property damage to property rented to, occupied by, or used by or in the care of the insured, except for fire, smoke or explosion. There is a little bit of coverage under the additional coverage Damage to Property of Others, but this is limited to $1,000.
You could add the additional insured endorsement, HO 04 41, which makes the listed person or organization an insured with respect to coverages A and B, dwelling and other structures, and E and F, personal liability and med pay. Of concern is the extension of liability coverage however the endorsement states that E and F apply only with respect to injury or damage arising out of the ownership, maintenance or use of the residence premises. Other than that, there are no endorsements that fit your scenario or other ways to provide coverage. Read More |
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| What's New This Week in FC&S |
Violent Acts Expense Coverage
With the increase in school shootings and other violent events, the industry has seen a need for a different type of coverage, Violent Acts Expense. Read More |
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| Litigation Watch |
Obligations of Self-Insured Car Rental Company
The creditor filed a petition for an order against a self-insured car rental company seeking to collect $600,000 on a default judgment he obtained against an uninsured driver of the rented vehicle. This case is Nelson v. Artley, 2015 IL 118058.
Haney rented a car from Enterprise Leasing Company of Chicago. While the vehicle was being driven by Artley, the vehicle crossed the center line and collided with a car operated by Nelson. Nelson was severely injured and sued Artley to recover damages. Artley was uninsured and Nelson then sought and received a default judgment in the amount of $600,000. Read More
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| Fraud of the Week |
Auto Accident Fraud—Indiana
AMOUNT:$600,000+
A crime ring has been broken up in Indiana after a two year investigation. Thirty of thirty-six people involved in the frauds were arrested. Read More
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| FC&S Ask the Experts |
Did you realize that the Q&A section of FC&S is made up of questions submitted by subscribers like you?
Paid subscribers to FC&S Online or print FC&S Bulletins are invited to submit insurance coverage questions to the editors. We'll provide a personalized opinion within five business days. (We'll let you know if it will be longer than that. Sometimes we have to gather research or other supporting materials).
Who knows? Your question may be featured (anonymously) in the online Q&A of the Week or as an FC&S update.
Submit your coverage interpretation question right to the editors of FC&S for quick and reliable information. Ask our expert staff a question by clicking here. |
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| Contact Us |
As always, your comments and questions are welcome.
Contact us at:
FC&S Department
Phone: 800-543-0874
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Email: eAlerts@nuco.com |
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