Terrorism Insurance, also known as TRIA, is becoming an increasingly important form of insurance coverage in the uncertain world we live in now. Most businesses and landlords have either rejected this coverage in the past or have purchased a different form of this coverage known as TRIA. Over the last several years the need for Terrorism insurance has increased exponentially due to the various attacks on our home soil. In addition many lenders are mandating the coverage be purchased for closings on real estate such as apartment buildings and constructions projects.
