Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

reservation-of-rights letter

Read a random definition: Court of Appeals, U.S.

A quick definition of reservation-of-rights letter:

A reservation-of-rights letter is a notice from an insurance company that they may not agree to cover a claim made by the insured. This letter informs the insured that the insurance company has the right to contest coverage or apply an exclusion that could prevent the claim from being paid.

A more thorough explanation:

A reservation-of-rights letter is a notice sent by an insurance company to an insured person or entity. The letter informs the insured that the insurer may contest coverage or apply an exclusion that could negate the insured's claim. The insurer sends this letter to protect its contractual rights and avoid waiving them unintentionally.

Suppose a homeowner's insurance policy covers damage caused by fire, but the policy excludes damage caused by arson. If a fire damages a home, and the insurer suspects that the homeowner intentionally set the fire, the insurer may send a reservation-of-rights letter. The letter would inform the homeowner that the insurer may contest coverage if it determines that the fire was arson.

Another example is when an auto insurance policy covers accidents caused by negligence but excludes accidents caused by intentional acts. If a driver hits another car, and the insurer suspects that the driver intentionally caused the accident, the insurer may send a reservation-of-rights letter. The letter would inform the driver that the insurer may contest coverage if it determines that the driver intentionally caused the accident.

These examples illustrate how a reservation-of-rights letter protects an insurer's contractual rights and informs the insured of potential coverage issues.

resentencing | reserve account

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
LSD+ is ad-free, with DMs, discounts, case briefs & more.