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Navigating Commercial Property Insurance: A Guide for New Investors in California

Jackson & Jackson

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. It provides coverage for physical damage to your property and any loss of income due to business interruption.

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Commercial Insurance and Protection of Business Property

Paragon Independent Insurance Agencies

These events may include property damage, liability claims from work-related injuries, break-ins, or business interruption. 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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Tips for Buying Home Insurance

Bankers Insurance

Prices for building supplies, such as lumber, concrete, masonry and steel, have skyrocketed in recent years. Construction labor has also become more challenging, adding extra expense and time to all building projects. Even among typical homeowners policies, premiums likely increased year over year. Reduce liability risks.

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Liability Considerations for Affordable Housing Developments

Scott Insurance

Affordable housing developments are a critical component of building a strong economy, and the need for affordable housing today is urgent. Development projects come with significant inherent risk and, unfortunately, you can be sued for bodily injury or property damage during and after construction even if you are not responsible.

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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. Landlords may be held liable for injuries or damages that occur on the rental property, and the insurance needs to provide adequate protection; properties used for rental purposes may experience more wear and tear compared to owner-occupied homes.

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Mold: Impacts on the Affordable Housing Industry

Scott Insurance

Environmental / Pollution Environmental/pollution policies are available in the market and can contemplate both the first party (property) and third party (general liability – bodily injury/property damage) mold exposure.

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Tornadoes Devastate Midwest and Southern States

Risk Management Monitor

Myers, AccuWeather founder and CEO, estimated that the tornadoes are expected to cost about $18 billion in total damage and economic loss. These outages have complicated search and rescue efforts, as rescue workers excavated destroyed buildings, searching for people who are still missing.

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