Remove Building Remove Home Insurance Remove Premium
article thumbnail

Insurance for Apartment Building Owners: Protecting Your Client’s Investments With the Right Coverage

Distinguished

From devastating floods to slip-and-fall lawsuits, insuring apartment buildings is no simple task. And with rising property values, more frequent catastrophic weather events, and emerging risks like habitability claims, its never been more critical to help your clients navigate their insurance options.

article thumbnail

Top Reasons Your Home Insurance Premium Might Increase [2024]

TGS

TGS Insurance » Blog Top Reasons Your Home Insurance Premium Might Increase [2024] Owning a home is often a dream come true, but when that dreaded notice arrives in the mail—informing you that your home insurance premium has gone up—it can feel more like a nightmare.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Buying Blocks of Flats Insurance in London: Key Risks and Costs

Property Insurance Centre

” Plus, of course, the issue of home insurance and block of flats insurance costs, which in the UK increased by 21% year-on-year between July and September 2024, according to a report from Compare the Market. Many insurers require more detailed valuations and risk assessments due to the higher sums insured.

Risk 52
article thumbnail

Tips for Buying Home Insurance

Bankers Insurance

TIPS FOR BUYING HOME INSURANCE For millions of Americans, home insurance remains an essential financial safeguard. The homeowners insurance market is complicated and dynamic, and many policyholders have experienced increased rates in recent years despite no changes to their coverage or claims filed. 3 or 5 years).

article thumbnail

7 Best Manchester Block of Flats Insurance Tips

Property Insurance Centre

Growing Property Market with Diverse Building Types Manchester has seen rapid urban development, especially in areas like Ancoats, Salford Quays, and Deansgate, with a mix of modern high-rises and older converted mills. Insurers may insist on security upgrades like CCTV, secure entry, and well-lit communal areas.

Premium 52
article thumbnail

Housing Code Violations in Los Angeles: An Interview with Katie Vespia 

Distinguished

Other notable issues include illegal conversions where garages, basements, or other spaces are converted into living areas without proper permitswhich are particularly common in older buildings. After a report is filed, an inspector from the Los Angeles Housing Department or Building and Safety is dispatched to evaluate the situation.

article thumbnail

Why is landlord insurance more expensive than home insurance?

Cover4LetProperty

At its simplest, therefore, a home is a home, whilst let property is a business asset. At its simplest, therefore, a home is a home, whilst let property is a business asset. Essentially, insurance is about risk and a calculation of the probability of loss or damage being suffered by the insured item or items.