Will insurance cover damage in Boston?, and more
Companies that suffered property damage or lost income due to the Boston bombings may not get insurance payouts.
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Will insurance cover damage in Boston?
Stores, restaurants, and other companies that suffered property damage or lost income due to the Boston bombings may not get insurance payouts if the attack is officially declared an act of terrorism by federal officials. After the 9/11 attacks, insurance companies changed most business policies to exempt losses stemming from terrorism unless the customer pays extra for terrorism coverage.
The Wall Street Journal
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