Property Insurance Centre

FEBRUARY 10, 2025

What Perils Are Covered by Commercial Property Insurance? Commercial property insurance is essential for businesses to protect their assets from unforeseen events. Fire and Smoke Damage One of the most significant risks to any business, fire can destroy buildings, equipment, and inventory.

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Property Insurance Centre

JANUARY 4, 2024

Get a Quote Insurance under one roof We are specialists in many types of insurance GET YOUR QUOTE GET YOUR QUOTE Key Takeaways Consistent rate increases have been experienced in the property insurance market since 2017. Inflation drives up property valuations , construction costs , and insurance premiums.

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Property Insurance Centre

OCTOBER 18, 2024

The insurance industry has had to adjust premiums to reflect this growing risk. By mid-2024, the average cost of home insurance had risen by 19% compared to 2023, with flood-prone areas facing even steeper increases​ CityAM.

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Jackson & Jackson

APRIL 26, 2024

This guide aims to help new investors understand the basics of commercial property insurance in California, ensuring that their investments are protected against unforeseen events. Equipment Breakdown : Covers loss due to the breakdown of machinery like elevators or HVAC systems, which are critical for commercial buildings.

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Jackson & Jackson

APRIL 30, 2024

This article explores how various location-based factors affect commercial property insurance rates in California and offers insights for managing these costs effectively. Understanding Location-Based Risk Factors Location plays a pivotal role in determining insurance premiums for commercial properties.

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Protect Commercial Insurance

OCTOBER 4, 2024

How Interest Rates Influence Insurance Costs Insurance premiums are sometimes indirectly influenced by interest rates. Here’s how: insurers rely on investment income to keep premiums competitive. When interest rates rise, the returns on these investments can increase, potentially affecting premium rates.

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Property Insurance Centre

AUGUST 12, 2024

This new policy doesn’t apply to all buildings. In the event of a confirmed fire, ensure you have a process in place to safely evacuate the building and for a person to call the LFB (via 999) to confirm a fire has broken out. Buildings of substantial public significance identified as exempt by LFB.

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Property Insurance Centre

AUGUST 8, 2024

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!

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Property Insurance Centre

NOVEMBER 11, 2024

These are just some of the excuses we hear of from the question of, “ Why can’t I get insurance ?” ” or can’t get the insurance you deserve for that matter – insurance with reasonable premiums and without unnecessary restrictions. It can be an extremely nuanced subject & question.

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Property Insurance Centre

JULY 21, 2024

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. We find the right policy to suit your needs and understand the risks that a property owner can face in the course of ownership.

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Property Insurance Centre

JANUARY 30, 2024

That’s why it’s essential to choose a specialised block of flats insurance policy that covers the specific needs of your property. Block of flats insurance typically focuses on buildings insurance , which covers the physical structure of the property. What is Block of Flats Insurance?

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Property Insurance Centre

DECEMBER 23, 2024

Insurers will not always insist on having all of these protections, however, it may reduce their risk and in turn reduce your premium. 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.

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Property Insurance Centre

AUGUST 28, 2024

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.

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Property Insurance Centre

JANUARY 16, 2025

Commercial Flood Insurance in the United Kingdom: Types of Coverage Available Commercial flood insurance policies typically cover: Property Damage: Repair or replacement of buildings, fixtures, and equipment. Areas with a history of flooding typically face higher premiums or reduced access to coverage.

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Property Insurance Centre

SEPTEMBER 11, 2024

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. We find the right policy to suit your needs and understand the risks that a property owner can face in the course of ownership.

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Jackson & Jackson

APRIL 10, 2024

Here are five critical considerations you should keep in mind regarding insurance when buying or investing in commercial property. Understanding the Types of Coverage Available Property Insurance This is the most basic form of insurance you’ll need.

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Jackson & Jackson

MAY 22, 2024

With the right insurance coverage, investors can mitigate financial losses resulting from unforeseen events such as fires, storms, theft, or vandalism. This can help investors attract quality tenants and build trust in the property’s management, which can contribute to the property’s long-term success.

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Property Insurance Centre

JULY 30, 2024

Arrange Landlord Insurance Coverage Landlords need to get the right kind of insurance for their rental properties. This includes insurance for the building itself, liability risks, and coverage for lost rental income. Also, loans for building new rentals might have higher interest rates as they’re being built.

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Protect Commercial Insurance

OCTOBER 25, 2024

Reflect on: – How much you can comfortably allocate from your business budget for insurance premiums. It’s like finding a sweet spot—insurance that doesn’t overspend your resources but still offers peace of mind. Conclusion Securing the right business insurance is essential for safeguarding your venture.

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Property Insurance Centre

MARCH 19, 2024

“Insurance companies should prioritize consumer education to build trust and ensure policyholders understand their rights and responsibilities. ” Preventing Claims Disputes through Education One of the main benefits of insurer-led consumer education is the prevention of claims disputes.

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Property Insurance Centre

NOVEMBER 26, 2024

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. We find the right policy to suit your needs and understand the risks that a property owner can face in the course of ownership.

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