The Illinois Appellate Court also pointed out that an insurer does not have a duty to review the adequacy of an insured’s coverage when a policy is renewed. On the contrary, the Court explained that insured parties have the burden to know the contents of their insurance policies. An insurer does not have a duty to suggest full coverage, even when the insurer knows the coverage provided is inadequate.
By Kharee Shorter on Tuesday July 12th 2011
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