Remove Broker Remove Premium Remove Theft
article thumbnail

Former California Agent Pleads Guilty to 90 Counts of Insurance Fraud

Insurance Journal

A former insurance broker has pleaded guilty to a number of charges including insurance fraud for collecting premiums without placing coverage. Karen Marie Dondanville, 56, a former broker from Mission Viejo, pleaded guilty to 90 counts including grand theft auto, …

Theft 248
article thumbnail

Rare Toy Insurance: A Guide for Collectors and Brokers 

Distinguished

Affects homeowner premiums : If a claim needs to be made for one of your clients’ toys, that claim could lead to increased premiums on their homeowner’s insurance, a financial burden that may not be worth the claim. The top risks to toys, much like other collectibles, are theft, disappearance in transit, and accidental damage.

Broker 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

Maximise Your Business Growth: 4 Essential Tips to Secure Your Commercial Tailors Insurance

Protect Commercial Insurance

In this article, we will provide you with four essential tips to help you understand your coverage needs, find the best rates, review and update your policy regularly, and work with an experienced insurance broker. Property insurance can protect these assets from damage or loss due to fire, theft, or other covered perils.

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. Building Codes and Construction Quality Local building codes and the overall quality of construction also affect insurance premiums.

article thumbnail

Cornershop Insurance and BT Redcare Alarm changes

Property Insurance Centre

Corner Shop Insurance and BT Redcare Alarm changes Business Owners who have corner shop insurance are all to aware of the benefits an appropriate intruder alarm system will have, both in relation to their insurance premiums (or in being given an insurance policy at all in some cases) and to the physical security of their goods.

article thumbnail

Empty Office Insurance

Property Insurance Centre

However, if it goes more long term the insurers can at worst pull cover entirely leaving you to search the market for an alternative, or perhaps apply more stringent conditions and charge a rather large additional premium – usually refundable on a pro-rata basis, assuming you are able to let the property out again!

article thumbnail

Top Building Insurance Pitfalls To Trigger F.O.M.O.

Property Insurance Centre

This might seem like an advantage since this saves cost initially, though it might lead to high premium costs later on. It is important not to rely only on the words that a broker tells you, try to read all the details. These can be added to your policy for an additional premium. – Declaring inaccurately. What is Covered?