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Fire-Damaged Cannabis Grower Loses $1.3 Million Business Income Loss Claim

Insurance Journal

A cannabis growing company has lost its bid to have its insurer cover $1.3 million in claimed business income losses after a building fire damaged almost 1,000 of its marijuana plants and shuttered one of its “flowering” rooms. A federal …

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Essential Business Insurance Guide: Safeguarding Your Property From Cyber Threats

Protect Commercial Insurance

Welcome to our comprehensive guide on essential business insurance. As a business owner, it is crucial to protect your empire from various risks and threats that can potentially disrupt your operations and financial stability.

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Business Insurance Basics: Terms Every Owner Should Know

Paragon Independent Insurance Agencies

Navigating the world of business insurance can be daunting, especially for new business owners. Here in Plano, TX, Paragon Independent Insurance Agency aims to simplify this process by breaking down essential terms you need to know to protect your business effectively.

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What are the most important questions to ask when choosing business insurance?

Protect Commercial Insurance

Let’s explore the pivotal questions to ask when choosing your business insurance coverage. Understanding your business needs Image courtesy: Unsplash Before diving into the vast world of business insurance, it’s essential to pause and assess your company’s unique needs.

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Commercial Insurance and Protection of Business Property

Paragon Independent Insurance Agencies

Commercial Insurance Information Commercial insurance consists of policies to safeguard businesses when financial losses are inevitable. These events may include property damage, liability claims from work-related injuries, break-ins, or business interruption.

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Is the Indemnity Period long enough

Prof. Allan Manning

The shortage of builders and building materials. The claim process itself is just taking longer and longer and I welcome the ASIC enquiry into claims handing as the financial and mental pressure this puts on insureds is not being appreciated enough by some loss adjusters and forensic accountants.

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Insurance Considerations for Home-Based Businesses

Mark Jackson Insurance Agency

This means that the equipment, inventory, and tools crucial to your business operations might not be covered under a standard policy in the event of damage or theft. Evaluate whether your current home insurance policy extends to your business assets or if you need to consider additional business insurance coverage.