top.gif (17937 bytes)
menu.gif (6671 bytes) spacer2.gif (85 bytes)

Untitled

[I027]

increase in hazard

The standard fire insurance policy is suspended from liability while the hazard in a risk has been increased beyond what was contemplated at the time the policy was written. For example, if a dwelling house, insured as such, should be occupied for manufacturing purposes without getting consent from the insurer for such increase in hazard, the company would not have to pay a loss as long as the manufacturing condition existed.

Copyright: The Rough Notes Company, Inc., 1998, All Rights Reserved. 3040100

Back to Index

Moran Insurance
696 Ritchie Highway
Severna Park, MD 21146
410-544-3422 | 800-544-3164 | Fax 410-544-6834

info@moraninsurance.com