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Does a business need to get a new insurance policy because the street is renamed?

April 26, 2017Business insurance policy renamed Street

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Does a business need to get a new insurance policy because the street is renamed?

1 Answer

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Business owners should check with their insurers. However, there is no reason to believe that the street renaming has any effect on insurance policies. The insurer should be notified of the change of name, but the street will carry both names for 5 years.