If the harbour burns down and private property is destroyed, is the HA protected against a law suit?
Yes, the policy will cover for the private property damage (third party’s property) and the defence cost of defending the legal action arising from this event subject to the policy limits, terms and conditions. This is not a direct damage policy, therefore, the HA and the government are not insured for direct damage to their owned or leased property.
Related Questions
- When is the taking of private property under the Comprehensive Agrarian Reform Law an exercise of police power and when is it an exercise of eminent domain?
- My property is already protected against changes by future owners through a local preservation law . . . wouldn’t an easement be redundant?
- Are American Indian burial grounds found on private property protected from disturbance?
