Understanding Improvements and Betterments: Be Mindful of Lease and Insurance Provisions



View our entire catalog of back issues, download PDF versions, subscribe and contact the editor.

Although it is advisable and beneficial to make lease provisions as precise as possible to reflect the intent of the parties, it is difficult, if not impossible, to draft leases that can be so comprehensive as to completely eliminate all possible disputes.


Robert J. Prahl, CPCU

Robert Prahl has more than 30 years of experience in the insurance business, primarily in claims and claims training. He began his career as an adjuster in the New York metropolitan area and eventually became a claims manager and claims training director. He has written extensively on insurance issues, having authored two text books for the Insurance Institute of America and previously served as a columnist for Rough Notes magazine, an insurance trade publication.



126 Business Park Drive Utica, New York 13502 800.382.2468 Outside U.S. (315) 797.3035 FAX: (315) 272.2054 Editor@AdjustingToday.com


AdjustersInternational.com AdjustingToday.com


Ronald A. Cuccaro, SPPA


Sheila E. Salvatore

AT15 3046

Copyright © 2015 Adjusters International, Inc. Adjusters International ® and the AI logo are registered trademarks of Adjusters International, Inc.

Follow Adjusting Today on Facebook & Twitter:

Facebook.com/AdjustersInternational Twitter.com/AdjustingToday

ADJUSTING TODAY is published as a public service by Adjusters International, Inc. It is provided for general information and is not intended to replace professional insurance, legal or financial advice for specific cases.

Adjusting Today Basis for Institutes CE Courses The Institutes, the leader in providing knowledge solutions for risk management and the property/casualty insurance industry, offers continuing education courses based on technical information compiled from issues of Adjusting Today . The courses — “Valuing a Property Insurance Claim” and “Natural Disasters: Coverage Issues”— include seven modules each and are approved for credit by insurance departments in most states. They are offered to property insurance producers, adjusters or both, depending on the state, for up to three continuing education credit hours per course. More information is available at CEU.com.