Business Personal Property of Others: Insuring It Properly Involves Many Considerations

...designation that coverage is to apply on a replacement-cost basis if, in fact, that basis is desired.

When it comes to determining the nature of problems over insurance of business personal property of others, the issues can be categorized as follows:

If the proper precautions are not taken, the disputes over coverage can be complex and very costly.


Donald S. Malecki, CPCU

Mr. Malecki is a principal of Malecki Deimling Nielander & Associates, LLC, an insurance and risk management firm. He began his career over 50 years ago and has held the titles of insurance underwriter, broker, insurance company claims consultant, archivist, historian and teacher.



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Ronald A. Cuccaro, SPPA


Sheila E. Salvatore

Adjusting Today Basis for Institutes CE Course

The Institutes, the leader in providing knowledge solutions for risk management and the property casualty insurance industry, offers a ß continuing education course based on technical information compiled from seven issues of Adjusting Today. The course — “Valuing a Property Insurance Claim”— includes seven modules and is approved for credit by insurance departments in most states. It is offered to property insurance producers, adjusters or both, depending on the state, for up to three continuing education credit hours. More information is available at

AT14 3044