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Can Both the Contractor and Property Owner Be Named Insureds on a Builder’s Risk Policy?

Distinguished

Builder’s Risk Insurance covers property during the course of construction, whether it’s a new build or renovation. One common question is whether the contractor and the property owner can be named insureds on the same Builder’s Risk policy. Property owners may also choose to add Premises Liability coverage to the policy.

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How Climate Change is Shaping Insurance Policies for Commercial Properties

Protect Commercial Insurance

As we face more frequent and intense extreme weather events, insurers are re-evaluating their policies to better manage these growing risks. As our climate continues to evolve, we’re seeing significant impacts on buildings and the businesses that inhabit them.

Insiders

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How the Climate Crisis is Impacting the UK Property Insurance Market

Property Insurance Centre

Flooding, storm damage, and subsidence were major contributors to these claims, with homeowners and businesses alike suffering significant financial losses​ CityAM AXA UK home page The Growing Cost of Flood Damage Flooding continues to be one of the most significant risks facing UK property owners.

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Landlord’s Insurance for Beginners

Cover4LetProperty

A standard home insurance policy will not cover you if you’re renting out your property, which makes landlord insurance a vital part of being a responsible property owner. Landlord insurance can be tailored to meet your specific needs, and policies often come with a variety of options. Why do you need landlord insurance?

Insurer 53
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What risks does your business face? Here are 5 you should know.

Frankenmuth Insurance

They can cause significant damage to your property, disrupt your operations, and lead to substantial financial losses. Invest in structural reinforcements, such as storm shutters or updated windows, and ensure your building meets local safety codes. Get a workers compensation policy. Protect yourself financially.

Risk 86
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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. Protection of Business Property Commercial insurance protects all business property, including buildings on the land, equipment in the yard, inventory, and other assets owned by the company.

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Freehold Block of Flats Insurance: Top Cover Tips

Property Insurance Centre

Standard home insurance policies may not provide adequate protection for the unique risks associated with a block of flats. That’s why it’s essential to choose a specialised block of flats insurance policy that covers the specific needs of your property. Buildings insurance covers the physical structure of the property.

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