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Mistakes in setting sums insured / declared value where the Insured elects an Indemnity Period of less than 12 months.

Prof. Allan Manning

In fact, quite rightly we are seeing Brokers suggest longer Indemnity Periods due to a general lengthening of the time taken to recover from a major insured event. From the very beginning of Business Interruption insurance, it was understood that most events would cause a short disruption rather than a long one.

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What Perils Are Covered by Commercial Property Insurance?

Property Insurance Centre

What Perils Are Covered by Commercial Property Insurance? Commercial property insurance is essential for businesses to protect their assets from unforeseen events. But what exactly does commercial property insurance cover?

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

Distinguished

However, with opportunity comes risk: property damage, liability claims, and unexpected financial losses can quickly turn a profitable investment into a costly liability. For brokers and agents, understanding landlord insurance in Chicago is crucial for helping clients safeguard their investments while expanding business opportunities.

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Can I Insure a Partially Empty Block of Flats in the UK?

Property Insurance Centre

Can I Insure a Partially Empty Block of Flats in the UK? If you own a block of flats with vacant units, you might be wondering whether standard property insurance will cover you. In the UK, insuring a partially empty block of flats is possible, but there are important factors to consider.

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What Is Business And Retail Insurance?

Property Insurance Centre

Although not always standard on a business insurance policy, it can be added for an extra premium. The additional premium could be as little as 25 and can give up to 250,000 worth of cover for any one claim. Legal Expenses: Having legal expenses cover as a business owner is something that should be considered.

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

Property Insurance Centre

Get a Quote Insurance under one roof We are specialists in many types of insurance GET YOUR QUOTE GET YOUR QUOTE 1. The Financial Toll of a Liability Claim A lawsuit can lead to crippling legal expenses, compensation payouts, and increased insurance premiums. Looking for a quote now?

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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. Many insurers require more detailed valuations and risk assessments due to the higher sums insured.

Risk 52