Remove Broker Remove Crime Remove Premium
article thumbnail

7 Best Manchester Block of Flats Insurance Tips

Property Insurance Centre

This diversity in building age and structure affects insuranceolder buildings may face higher premiums due to maintenance risks, while newer developments may require higher coverage for cutting-edge amenities. Insurers view these uses as higher risk, which can lead to increased premiums or the need for specialist insurance policies.

Premium 52
article thumbnail

Buying Blocks of Flats Insurance in London: Key Risks and Costs

Property Insurance Centre

Higher Property Values and Rebuild Costs London property prices are significantly higher than the national average, which means higher rebuild costs and, consequently, higher insurance premiums. Higher Crime Rates and Security Concerns London experiences more burglary, vandalism, and theft claims compared to rural or suburban areas.

Risk 52
Insiders

Sign Up for our Newsletter

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

article thumbnail

Restaurant Insurance in Charlotte, North Carolina: A Broker’s Guide

Distinguished

However, for insurance brokers, the wide spectrum of restaurants represents both a challenge and an opportunity. Distinguisheds Restaurant Insurance program offers brokers in Charlotte a range of coverages that address the unique risks facing modern restaurants. What Does Distinguisheds Restaurant Insurance Cover?

article thumbnail

The Impact of Location on Commercial Property Insurance Rates

Jackson & Jackson

Understanding Location-Based Risk Factors Location plays a pivotal role in determining insurance premiums for commercial properties. Ask your Broker; they can map it beforehand. Strategy for Investors: Check local crime statistics as part of your due diligence when purchasing property.

article thumbnail

Why and How Your Zip Code Affects What You’ll Pay for Car Insurance

Freeway Insurance

Insurance companies take into account things like traffic, crime, frequency of accidents and even the weather. So if you live in a city with a lot of traffic or in an area with more crime, your insurance may cost more than if you live in a quieter, safer place. But that’s only for starters.

Crime 52
article thumbnail

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

Distinguished

However, every project is different, so underwriters will determine the final cost of a policy based on the following factors: Location : Construction sites near bodies of water, in higher crime areas, or that include some other unique risk factor would increase the cost of the policy. Sign in to our Broker Portal. Register with us.

Risk 52
article thumbnail

How to Thrive as a Residential Landlord: Top Strategies and Tips

Property Insurance Centre

3 The FTC says it’s fair to refuse a rental applicant based on low income, credit scores, eviction or crime history. Established in 1976, we are not a call centre but a specialist insurance broker with a traditional office mentality, where the client comes first. This letter should explain how they can challenge the report.