Write a letter to your Insurance Broker!

The New York State Court of Appeals in an opinion in the case of  American Building Supply Corp. v. Petrocelli Group, Inc., No. 188, 2012 N.Y. Slip Op. 7849 (N.Y. Nov. 19, 2012) (Click Here) held that an insurance broker is liable to an applicant for insurance who requests specific coverage and does not get it even though the applicant for insurance does not read the policy that was issued.  The lesson from this case, therefore, is to always write your broker a letter with specific requests about insurance coverage