Remove Broker-Agent Remove Financial Loss Remove Insurance
article thumbnail

Landlord Insurance in Chicago, Illinois: Everything Brokers and Property Owners Need to Know

Distinguished

Without the right insurance, the landlord absorbs the full financial hit not just from repairs but also from lost rental income. However, with opportunity comes risk: property damage, liability claims, and unexpected financial losses can quickly turn a profitable investment into a costly liability.

Broker 52
article thumbnail

What Your Clients Must Know About Cyber Insurance War Exclusions

ProWriters

As war is driving cyber security concerns around the globe, more organizations are turning to Cyber Insurance for protection. Cyber Insurance war exclusions can leave businesses vulnerable to financial loss. The gray zone poses significant challenges for not only legal frameworks but also insurance policies.

Cyber 53
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Management Liability Insurance: A Broker’s Guide 

Distinguished

This is why making sure executives are backed by comprehensive management liability insurance is so important. As a wholesale broker, understanding the intricacies of management liability insurance is essential to effectively guide your agents and clients through the process of securing the right coverage for their unique needs.

article thumbnail

Management Liability Insurance: A Broker’s Guide 

Distinguished

This is why making sure executives are backed by comprehensive management liability insurance is so important. As a wholesale broker, understanding the intricacies of management liability insurance is essential to effectively guide your agents and clients through the process of securing the right coverage for their unique needs.

article thumbnail

Can Both the Contractor and Property Owner Be Named Insureds on a Builder’s Risk Policy?

Distinguished

Builder’s Risk Insurance covers property during the course of construction, whether it’s a new build or renovation. One common question is whether the contractor and the property owner can be named insureds on the same Builder’s Risk policy. In this case, the owner is covered for the physical damage to the property (e.g.,

Policy 52
article thumbnail

Top 6 Insurance Policies Every IT Business in California Should Have

Jackson & Jackson

Ensuring your business has the right insurance policies is not just a smart decision—it’s essential for long-term success. Here are the top 6 insurance policies every IT business in California should have to safeguard their operations. General Liability Insurance Even in a digital world, physical risks exist.

article thumbnail

Does Homeowners Insurance Cover Collectibles? 

Distinguished

Unfortunately, these unique risks are rarely appropriately covered by standard homeowner insurance policies. In this guide, we’ll explore the world of collectibles insurance: what it covers, how it differs from standard homeowners policies, and why it’s essential for serious collectors. What is Collectibles Insurance?

Insurer 52