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Insuring Collectibles in New York

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It covers fine art, sports cards, handbags, and other collections, up to $125 million on a single risk as the primary or excess layer or on a quota-share basis. Whats Covered The policy covers a wide range of risks for direct physical damage, including fire and theft, under an all-risk policy structure with broad coverage.

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Builder’s Risk Insurance in Tennessee: A Broker’s Guide 

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An increase in construction also means an increase in financial risk. Job sites that are under construction are prone to things like fire, theft, and vandalism. This is why the popularity of Builder’s Risk insurance is growing. What Does Distinguished’s Builder’s Risk Cover?

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Builder’s Risk Insurance Declinations: An Interview With Susan DeCarlo

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We sat down with Distinguished’s Builder’s Risk insurance expert, Susan DeCarlo, to discuss common factors that can lead to declinations in our program, how to avoid them, and key risk considerations. So, for example, on a new build if they’re 30 to 60 days in, we can consider that risk. Loss experience.

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What Your Clients Must Know About Cyber Insurance War Exclusions

ProWriters

Security experts also believe China and Iran pose significant cyber risks. China’s quest for “independence from the West” has led it to conduct state-sponsored campaigns of “cyber espionage and intellectual property theft,” Lior Div told cyber security firm ExtraHop.

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Does Builder’s Risk Coverage Differ for Residential vs. Commercial Construction Projects?

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Builder’s Risk insurance is critical for residential and commercial construction projects, as it covers the property during construction or renovation. Commercial projects also often involve higher-risk factors, particularly when renovating existing properties such as restaurants, office buildings, or retail stores.

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Builder’s Risk Insurance in Michigan: Online Quotes, Coverages, and Costs 

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However, alongside all of this construction comes large financial risks. Under-construction buildings can be prone to fire, vandalism, and theft, which can end up costing their backers and owners millions. For this reason, the need for comprehensive Builder’s Risk Insurance solutions is growing.

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

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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. It protects against fire, lightning, hail, wind, theft, and vandalism, among other perils.

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