Everybody's talking about it, and nobody's really sure what's going to happen. Nonetheless, insurance companies are taking a serious look at the computer and equipment problems that may begin on January 1, 2000.
Serious equipment failures could result in bodily injury or property damage. Contact your insurance agent for a checklist that can help you recognize the problems you may have with the Y2K bug. Also, you need to determine what your insurance will and will not cover. Don't rely on insurance to take care of your Y2K problems, however. Some insurance companies may begin excluding Y2K-related problems from their general liability coverage.