Property Insurance Centre

MARCH 11, 2025

Many insurers require more detailed valuations and risk assessments due to the higher sums insured. Greater Risk of Fire and Cladding Issues Following Grenfell Tower , insurers are more cautious about buildings with cladding, especially in London, where many high-rises have fire safety concerns.

Risk 52

Risk Insured Insurance Insurer 52

Bankers Insurance

AUGUST 8, 2024

THE IMPORTANCE OF ACCURATE VALUATION IN COMMERCIAL PROPERTY INSURANCE When purchasing or renewing commercial property insurance , it’s important for businesses to ensure their coverage includes correct property valuations. Replacement value — This is an estimate of the current cost to replace or rebuild a property.

Commercial Property 59

Commercial Property Property Insurance Commercial Out-Of-Pocket 59

Property Insurance Centre

FEBRUARY 24, 2025

Whether you have an adverse claims history, a high value property or a large portfolio of properties, we can source suitable cover for you. Whatever your requirements, we can tailor a specialist property insurance policy to suit your exact needs and provide you with a range of quotes to choose from.

Liability 52

Liability Protection Claim Property Insurance 52

Property Insurance Centre

SEPTEMBER 25, 2024

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?

Building 52

Building Insured Insurance Insurer 52

The Property Insurance Law Observer

AUGUST 1, 2024

Medical Properties Trust, Inc. 23, 2024), the Supreme Judicial Court of Massachusetts held that the term “surface waters,” as used in a limitation contained in commercial property insurance policies, was ambiguous in the context of rainwater accumulating on roofs, thereby finding coverage for the insured.

Commercial Property 130

Commercial Property Damage Policy Commercial 130

Property Insurance Centre

SEPTEMBER 11, 2024

What does a Lift Inspection Policy cover? What does a Lift Inspection Policy cover in conjunction with a Purpose Built Flats Insurance Policy? Lift Inspection policies will often accompany a Purpose Built Flats Insurance Policy, and for good reason.

Insurance Policy 52

Insurance Policy Policy Boiler and Machinery Insured 52

Property Insurance Centre

JANUARY 4, 2024

Emerging Property Insurance Trends 2024 Welcome to our guide on emerging trends in the property insurance industry. As we dive into the evolving landscape of property insurance, it’s important to stay informed about the latest trends and challenges affecting the market. Hurricane Harvey 2017 92.0

Property Insurance 52

Property Insurance Commercial Property Liability Insured 52

Jackson & Jackson

MAY 22, 2024

Investors must understand the importance of securing comprehensive commercial property insurance coverage to protect their investments. This article aims to provide an in-depth overview of ensuring multi-unit commercial properties in California, highlighting key considerations for investors.

Property Insurance 52

Property Insurance Commercial Property Commercial Insured 52

Protect Commercial Insurance

MAY 24, 2024

While you may have the basic insurance policies in place, such as property and general liability insurance, there are several other essential insurance policies that you might be overlooking. That’s why it’s crucial to consider other insurance policies to protect your business comprehensively.

Insurance Policy 52

Insurance Policy Protection Policy Business Interruption 52

Protect Commercial Insurance

OCTOBER 4, 2024

But what does this mean for property owners and their insurance needs? As interest rates creep up, they can have a surprising ripple effect on property insurance costs. Impact on Property Insurance The property insurance market isn’t isolated from these changes.

Property Insurance 52

Property Insurance Out-Of-Pocket Premium Insured 52

Property Insurance Centre

MARCH 19, 2024

Understanding Consumer Education and Property Insurance As an informed consumer, education on consumer rights and property insurance is crucial. It empowers individuals to make informed decisions about insurance coverage and understand their policy rights.

Property Insurance 52

Property Insurance Policyholder Insured Insurance 52

Property Insurance Centre

OCTOBER 18, 2024

How the Climate Crisis is Impacting the UK Property Insurance Market in 2023-2024 The UK property insurance market is increasingly being reshaped by the climate crisis , with extreme weather events such as storms and flooding becoming more frequent and costly.

Property Insurance 52

Property Insurance Premium Insured Insurance 52

The Property Insurance Law Observer

SEPTEMBER 16, 2024

Background In November 2019, West American [1] issued an insurance policy providing coverage for the Insured’s commercial shop buildings. In 2021, the Insured, through its public adjuster, filed a claim under the property policy, alleging that a May 2020 hailstorm caused significant damage to the roofs of two buildings.

Insurance Companies 130

Insurance Companies Damage Insured Insurance 130

Tosten Marketing

MARCH 3, 2025

Its diverse user base makes it ideal for connecting with potential clients, particularly for life and property insurance needs. Stay on top of insurance industry trends and share relevant updates with your audience. For example, if a new type of cyber insurance policy gains traction, explain how it could benefit your clients.

Insurance Agency 52

Insurance Agency Insured Insurance Insurer 52

Property Insurance Centre

MAY 20, 2024

Importance of Accurate Declared Value It is vital that the block management company ensures the flats are insured for the correct rebuilding cost , as this value can increase each year depending on rising costs of materials and labour, as well as new building regulations.

Building 52

Building Insured Insurance Liability 52

The Property Insurance Law Observer

MAY 21, 2024

The New York Supreme Court recently weighed in on what constitutes “reasonable care” to maintain heat in the context of a first-party insurance policy exclusion requiring such reasonable care. In Michael Zimmerman v.

Policy 130

Policy Damage Insurance Carrier Insurance Companies 130

Property Insurance Centre

JANUARY 30, 2024

Freehold Block of Flats Insurance: Top Cover Tips If you own a freehold block of flats , it’s crucial to have the right insurance coverage to protect your investment. Standard home insurance policies may not provide adequate protection for the unique risks associated with a block of flats.

Insured 52

Insured Insurance Insurer Building 52

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.

Commercial Property 52

Commercial Property Commercial Property Insurance Building 52

Property Insurance Centre

DECEMBER 23, 2024

Do I have the right lock for my insurance ? Being a Commercial Property Owner or Business Owner you will be aware there will be certain conditions within your insurance policy with regard to the Security at the premises. What this lock simply does, is improve the physical security of your property straight away.

Commercial Property 52

Commercial Property Insured Insurance Insurer 52

Cover4LetProperty

OCTOBER 1, 2024

Landlord’s insurance (also known as buy to let insurance or let property insurance ) is something a landlord should consider when purchasing a property with the intention to let it. Here we discuss what landlord insurance covers, why it is so important, plus other considerations.

Insured 60

Insured Insurance Insurer Injury 60

Property Insurance Centre

JULY 21, 2024

Whether you have an adverse claims history, a high value property or a large portfolio of properties, we can source suitable cover for you. Whatever your requirements, we can tailor a specialist property insurance policy to suit your exact needs and provide you with a range of quotes to choose from.

Claim 52

Claim Property Damage Property Insurance Building 52

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.

Insured 52

Insured Insurance Insurer Property Insurance 52

Cover4LetProperty

AUGUST 15, 2022

Beware of the headline price One possible problem with products branded as low-priced or cheap landlords’ insurance, though, is that the attractive price tag may have been achieved at the cost of the levels of let property insurance cover provided. How do I choose the most suitable landlord insurance?

Insured 52

Insured Insurance Insurer Policy 52

Property Insurance Centre

JANUARY 16, 2025

Flood damage can include physical destruction of property, inventory loss, and business interruption costs, making insurance a vital component of risk management. Whether you have an adverse claims history, a high value property or a large portfolio of properties, we can source suitable cover for you.

Commercial 52

Commercial Commercial Property Insured Insurance 52

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.

Commercial Property 52

Commercial Property Commercial Business Interruption Out-Of-Pocket Expense 52

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!

Insured 52

Insured Insurance Insurer Premium 52

Friendly Agent

SEPTEMBER 21, 2020

You may find various types of personal insurance and commercial insurance policies. There are Property and Casualty, Life/health insurance, and more. You will learn sales skills, building connections with other people, reaching out to mentors, and closing deals.

Insurance Agents 130

Insurance Agents Insurance Agent Agents Broker-Agent 130

Cover4LetProperty

APRIL 16, 2024

But before we actually look at some of the principal ways in which landlord insurance may continue to protect your property, let’s take a look at the different types of landlord there are in the UK. This insurance typically goes beyond standard home insurance to address the unique risks and liabilities associated with being a landlord.

Insured 52

Insured Insurance Insurer Property Insurance 52

Property Insurance Centre

NOVEMBER 11, 2024

Less claims will mean better premiums, lower excesses and no perils being excluded when it comes to renewing your policy. For example, many commercial buildings and retail business will often have large theft excesses applied, as a result of theft & malicious damage claims. It can be an extremely nuanced subject & question.

Insured 52

Insured Insurance Insurer Premium 52

Protect Commercial Insurance

NOVEMBER 15, 2024

Designed to protect your business from unforeseen risks, commercial insurance can offer the peace of mind you need to focus on what truly matters—growing your business and serving your clients. Types of Commercial Insurance Commercial insurance isn’t just a one-size-fits-all solution.

Commercial Insurance 52

Commercial Insurance Commercial Protection Business Interruption 52

Cover4LetProperty

OCTOBER 10, 2022

So, the biggest nightmare is losing it all from incidents such as fire, flooding, or subsidence, for example, as well as other risks to the building and its contents. Why do I need specialist let property insurance, rather than any other type of property insurance? What are let property insurance brokers?

Insured 52

Insured Insurance Insurer Property Insurance 52

Cover4LetProperty

JANUARY 21, 2023

Before considering just what landlords’ insurance covers, it may be helpful to understand why this specialist insurance product is needed in the first place. So, why is specialist landlord insurance necessary? Why won’t standard home building and contents cover suffice, for example?

Insured 52

Insured Insurance Insurer Damage 52

Cover4LetProperty

AUGUST 23, 2022

Buy to let property insurance (also known as landlord insurance) is cover specifically designed to protect the principal assets of a buy to let business. Most important of all, once you cross that boundary into letting your home, or any part of it, your insurance requirements automatically change too.

Insured 40

Insured Insurance Insurer Property Insurance 40

Protect Commercial Insurance

MAY 30, 2024

Let’s dive in and discover the insurance options that are essential for your business’s protection. It provides financial compensation to repair or replace damaged property, ensuring that your business can quickly recover from unexpected events.

Cyber 52

Cyber Business Insurance Business Interruption Professional Liability Insurance 52

Paragon Independent Insurance Agencies

MAY 27, 2024

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.

Commercial Insurance 40

Commercial Insurance Commercial Protection Business Interruption 40

The Property Insurance Law Observer

FEBRUARY 14, 2024

29, 2024)), the Court determined that the term “windstorm” was ambiguous as utilized in the subject insurance policy. The insureds suffered property damage caused by a tornado and subsequently submitted a claim to their insurer. Privilege Underwriters Reciprocal Exchange (2024 WL 322297 (Tex. Dallas Jan.

Deductible 130

Deductible Policy Damage Property Damage 130

Cover4LetProperty

NOVEMBER 3, 2024

At first glance, there might seem little difference between a dwelling in which the owner occupier lives and one that is let to a tenant – despite the difference in tenure, both are homes, with a building and its contents broadly vulnerable to similar risks and perils. So, what is suitable landlord insurance – what does it cover?

Insured 40

Insured Insurance Insurer Home Insurance 40