Fire Legal Liability
Do you rent space to operate your business? Fire Legal Liability insurance limit is the most the insurance company will pay for…
property damages to property occupied by the insured which is damaged by fire due to the insured’s negligence. Most limits are usually set at $50,000 or $100,000, which may not be nearly enough if the building is worth $1,000,000 and your business occupies ΒΌ of that building. Under the above scenario, the minimum limits should be $250,000.