Two commercial policies were issued by two different carriers to two different parties—one to the landlord/building owner, and the other to the tenant. Both policies provide coverage for the building even though the tenant was under no contractual obligation to insure against loss to the building. Tenant was under verbal lease and had no specific lease obligation to insure building.

The policy issued to landlord/building owner by Carrier A is blanket, covering buildings at multiple locations. Policy B, issued to tenant. is specific to loss location only.

Policy A—landlord/building owner's policy—provides:

  1. Under any property coverage provided by this policy, if there is other insurance covering the same loss or damage, we will pay only for the amount of covered loss or damage in excess of the amount due from that other insurance, whether you can collect on it or not. But we will not pay more than the applicable Limit of Insurance.

Policy B—tenant's policy—is subject to CP 00 90, and provides:

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