Who knew that homeowners insurance policies could provide coverage for things like defamation, libel, and slander? When most people think of homeowners insurance, they consider policies to include things that primarily involve damage to the home and damage to personal property and assets in the home. The revelation that in 2014, Bill Cosby purchased an additional policy on his home to effectively protect himself in the event he is accused of defamation, libel and slander, is an example of how additional homeowners insurance policies can be purchased that have nothing to do with the home itself.
The homeowners insurance lawyers of Greenberg, Stone & Urbano have been faced with some very unique homeowners insurance matters, as they help clients address such matters on a regular basis. Our attorneys help clients with both general homeowners insurance policies as well as add-on policies that cover much more – such as the policy Bill Cosby purchased. Our client satisfaction demonstrates that our attorneys truly do know what they are doing, and work to protect the interests and rights of their clients.
Bill Cosby and Insurance Carrier Seek to Dismiss Sexual Assault and Defamation Claims
Most of us know the trouble Bill Cosby has been in over the past few years. His decision to purchase an additional homeowners policy may or may not have anything to do with the allegations he has been facing. Regardless, many may be surprised that it’s even possible for a homeowners insurance policy to provide coverage for personal injuries arising out of defamation, libel, and slander. Recently, both Bill Cosby and his insurance company believe lawsuits filed by multiple women should be dismissed on the grounds that Bill Cosby’s insurance policy does not cover the personal injuries alleged by these women.
There is an exclusion in Bill Cosby’s insurance policy that states that coverage will not be provided in situations where the claims involve “actual, alleged, or sexual misconduct, molestation, or harassment.” In Bill Cosby’s case, such conduct is exactly what is alleged. As such, if valid, this exclusion may prevent women from receiving compensation from Bill Cosby’s insurance policy. If these women’s allegations are in fact true, the insurance policy is not a way in which these women can recover – they instead may need to seek recovery from Bill Cosby himself.
The moral of the story here is that homeowners need to be aware that there are a variety of homeowners insurance policies that can provide matters not related to the physical home itself, or the physical contents of that home. Homeowners should research their options and have their questions answered by a qualified attorney.
Contact the Miami Insurance Claims Attorneys of Greenberg, Stone & Urbano Today to Schedule Your Free Consultation!
Homeowners insurance policies are not limited to your standard property damage. Other matters can arise that involve additional policies that protect the homeowner as an individual more so than protection of actual property. If you are facing a homeowners insurance dispute, or simply have questions, you should consider speaking with a Miami Insurance Claims Attorney right away. At Greenberg, Stone & Urbano, our Miami and South Florida Claims Attorneys have more than 130 years of combined experience providing legal representation to homeowners in a time of need. Our law firm has received an AV rating from Martindale Hubbell, and has also been named a top South Florida Law Firm by the Miami Herald. If you would like to speak with one of our attorneys about your situation, contact Greenberg, Stone & Urbano today by calling (888) 499-9700 or (305) 595-2400 to schedule your free consultation. You may also contact us online by visiting our website.