Broker-Agent Financial Loss Theft 
Jackson & Jackson
NOVEMBER 16, 2024
Professional Liability Insurance protects your business against claims of negligence, errors, or omissions that result in financial losses for your clients. Business property insurance protects your physical assets against risks like fire, theft, or natural disasters. One oversight could lead to costly lawsuits.
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OCTOBER 15, 2024
Financial Interest and Named Insureds In a typical Builder’s Risk policy , the named insured is the entity that has a financial interest in the construction project. This could be the contractor, developer, or property owner, depending on who stands to suffer a financial loss if the property is damaged during construction.
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Distinguished
SEPTEMBER 17, 2024
Loss experience. We can consider weather related claims, but claims of theft, vandalism, and fire, for example, would be an automatic decline. If we are comfortable with our exposure, we may consider increasing the AOP deductible and the theft deductible , depending on the underwriting analysis. Another factor would be security.
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JULY 22, 2024
Theft, damage during transport, or accidental breakage can devastate a collection that has taken years to assemble. In the case of a catastrophic loss, art pieces worth thousands of dollars would only be covered up to that low per-item limit, leaving the collector with significant financial losses.
Jackson & Jackson
APRIL 10, 2024
It covers the physical structure of your building and its contents against fire, theft, and some natural disasters. Business Interruption Insurance Unexpected events can disrupt your operations, leading to significant financial loss. Liability Insurance Liability insurance is essential for any commercial property owner.
Jackson & Jackson
MAY 22, 2024
It covers property damage, loss of income, liability claims, etc. With the right insurance coverage, investors can mitigate financial losses resulting from unforeseen events such as fires, storms, theft, or vandalism. appeared first on Jackson & Jackson Insurance Agents and Brokers.
Jackson & Jackson
MARCH 18, 2024
The risks surrounding your precious bags are real, from theft to damage due to natural disasters. An insurance policy covering your luxury handbags ensures you are protected from financial loss in unforeseen circumstances. ” While you may take every precaution to keep your luxury handbags safe, accidents can still happen.
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