Does the commercial general liability policy respond to assault and Battery claims?

Questions regularly arise as to whether the commercial general liability (CGL) policy responds to claims of assault and battery. The unendorsed CGL contains no specific exclusion for such actions, but coverage may depend on who perpetrates the assault or battery.

Are lithium-ion batteries covered by insurance?

The insurance claim for the repair and replacement expenses was significantly higher than a conventional vehicle repair, emphasising the necessity for specialised coverage for EVs. In conclusion, while lithium-ion batteries offer numerous benefits, they also present insurance risks that should not be overlooked.

Does my auto insurance cover a compromised battery?

If your auto insurer has a roadside assistance program as a part of your policy or if you have a roadside assistance program outside of your auto insurance, you might have coverage for a compromised battery.

How do insurance companies assess lithium-ion battery risks?

Risk Assessment and Underwriting: Insurers should conduct thorough risk assessments to understand the exposure of their policyholders to lithium-ion battery-related risks. This information will aid in determining appropriate coverage and pricing.

Do lithium-ion batteries pose insurance risks?

In conclusion, while lithium-ion batteries offer numerous benefits, they also present insurance risks that should not be overlooked. By understanding these risks and adopting proactive risk management strategies, insurance providers and policyholders can ensure appropriate coverage and minimise potential liabilities.

Are battery batteries safe to use?

Their popularity and extensive use, however, come with potential insurance risks. As these batteries have the potential to overheat, catch fire, or even explode in rare cases, it's essential for insurance providers and policyholders to understand these risks and how to effectively manage them.