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5 Essential Considerations for Insurance When Buying or Investing in Commercial Property

Jackson & Jackson

Investing in commercial property is a significant step for any entrepreneur or business entity. Insurance plays a pivotal role in safeguarding your property and your financial future. Here are five critical considerations you should keep in mind regarding insurance when buying or investing in commercial property.

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How a Liability Claim Can Ruin Your Business – And How to Protect Yourself

Property Insurance Centre

How to Protect Your Business Get Comprehensive Insurance Ensure you have general liability insurance, professional indemnity insurance, and workers compensation if applicable. Incorporate Your Business Structure your business as a Limited Liability Company (LLC) or Corporation to protect personal assets.

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Emerging Property Insurance Trends 2024

Property Insurance Centre

Inflation and rising costs are major drivers of increased insurance expenses for property owners. To ensure adequate coverage, property owners should stay informed about the latest trends and collaborate closely with their insurance brokers to navigate the evolving property insurance landscape.

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Block of Flats Insurance Glossary of Terms

Property Insurance Centre

Terrorism Cover for Block of Flats Insurance policies for individual houses typically include cover for damage or loss caused by an Act of Terrorism. However, block of flats insurance is classed as commercial property , and Terrorism cover is often excluded. cleaner or gardener). Who is Considered an Employee?

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

Distinguished

This includes projects that involve: Betterments Renovations New Construction We also insure a variety of building types, including single-family homes , mixed-use buildings , and commercial properties. If you want a quote for your client today, sign up with us and submit your business online through our Broker Portal.

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

Distinguished

Whether it’s a construction project for a single-family home , a mixed-use building , or a commercial property, Distinguished’s Builder’s Risk Program has got it covered. Premises liability claims : Legal expenses and liability coverage related to any injuries, including trips and falls, that occur on the site.

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How the Climate Crisis is Impacting the UK Property Insurance Market

Property Insurance Centre

We find the right policy to suit your needs and understand the risks that a property owner can face in the course of ownership. We work closely with our Insurers to get the best rates and our experience and excellent relationships with them mean that we can provide cover for even the most difficult to place risks.