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Message: <blockquote data-quote="JD8" data-source="post: 3372423" data-attributes="member: 24">It's complicated...For an claim to be triggered under terrorism coverage, which you CAN buy to an existing commercial policy, there must be....see below...Certified Act of Terrorism — a terrorist act that is eligible for coverage under the Terrorism Risk Insurance Act (TRIA). Such acts are certified by the Secretary of the Treasury, applying criteria spelled out in TRIA. To qualify as a certified act of terrorism, the incident must: (1) be a violent act or an act that is dangerous to human life, property, or infrastructure; (2) cause damage within the United States or other area of U.S. sovereignty (e.g., an U.S. embassy, airplane, ship); (3) be committed as part of an effort to coerce the civilian population of the United States or to influence the policy or affect the conduct of the U.S. government by coercion; and (4) produce property-casualty (P&C) insurance losses in excess of $5 million. Insurers paying claims in response to certified acts of terrorism qualify for federal reimbursement.Basically, this "designation" won't have any influence on most claims.  Iran or name your latest muslim extremist group attacks us?  You'd better have signed up for TRIA.  Otherwise...... domestically.... locally.... it would be extremely difficult for someone to prove a declination for a vandalism claim.  You'd better have vandalism coverage though.  You boys remember those Dakota Pipeline protests?  One of my clients had 2 separate claims totaling 1 million in burned out equipment.  It was paid and it certainly was an act of terrorism by protesters. Your run of the mill small commercial policy for most small businesses should cover damage we are seeing in these riots.  ANTIFA or not.   Get ready for some increases over the next few years.</blockquote>

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