Commercial liability insurance on a residential home with exclusions…WHO WILL ISSUE THIS POLICY?
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Written by
Jeffrey Johnson
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UPDATED: Jan 14, 2016
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Insurance Question from Oshkosh, WI
Asked on 01/14/2016
Commercial liability insurance on a residential home with exclusions…WHO WILL ISSUE THIS POLICY? I have an accepted offer on a home and the driveway has an easment from the railroad company. They require that the purchaser has 5m/10m commercial liability policy and they have several other exclusions/inclusions they are requiring. I am having a heck of a time finding a company that will issue the policy, who will do it?
Answer given on January 24, 2016
more information is needed to attempt to assist you. Is the railroad active? Is it a mainline or a siding or private? basically, railroads can do what they want, but more information is needed.
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