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Top Building Insurance Pitfalls To Trigger F.O.M.O.

Property Insurance Centre

Top Building Insurance Pitfalls Here are some common pitfalls to avoid when getting building insurance in the UK: – Underinsuring. Insure your building at the amount that it will cost to rebuild it and not at the current market value when securing block of flats insurance. What is Covered?

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A Comprehensive Guide to Understanding Commercial Property Insurance

Protect Commercial Insurance

Image courtesy: Unsplash Definition and Overview Commercial property insurance is a type of insurance designed to protect your business premises and the contents within from loss or damage. This type of policy covers a wide array of potential hazards, including fire, theft, vandalism, and certain natural disasters.

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Freehold Block of Flats Insurance: Top Cover Tips

Property Insurance Centre

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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Common Myths About Commercial Insurance Debunked

Protect Commercial Insurance

Long-term Financial Benefits While the upfront cost of commercial insurance might seem high, consider the long-term savings and financial security it provides. Without insurance, your business could face catastrophic financial loss from property damage, theft, or a lawsuit. Each policy has specific inclusions and exclusions.

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Top Reasons Your Home Insurance Premium Might Increase [2024]

TGS

Every year your home grows older, it becomes more prone to issues such as plumbing leaks, electrical faults, or roof damage—all of which can lead to costly insurance claims. This is directly linked to inflation, which affects everything from the price of building materials to labor.

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The Essentials of Commercial Property Insurance for UK Businesses

Protect Commercial Insurance

Key Components of Coverage Understanding what your commercial property insurance covers is essential to ensuring you have the appropriate level of protection. Key components typically include: – Building Coverage : Protects the physical structure of your business property, including walls, roof, fixtures, and fittings.

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Home Insurance Tips for Renovations: Protect Your Investment

TGS

Stick to Local Building Codes Renovation projects must comply with your local building codes. Whether its proper insulation, fire safety measures, or structural reinforcements, failing to follow these codes could not only void your insurance but also result in fines or having to redo work.