The Property Insurance Law Observer

AUGUST 1, 2024

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.

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Commercial Property Damage Policy Commercial 130

Paragon Independent Insurance Agencies

FEBRUARY 28, 2025

Beyond vehicle coverage, you may also need general liability insurance, which protects against third-party claims for injuries or property damage during business operations. If you own a physical location, commercial property insurance can help protect your building, inventory, and equipment from fire, theft, or natural disasters.

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Commercial Insurance Commercial General Liability Insurance Agency 40

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. In this article, we will explore five often overlooked insurance policies that can provide valuable coverage for your business.

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Protect Commercial Insurance

JANUARY 10, 2025

These partnerships not only broaden your client base but also offer a seamless solution to meet customer needs across various policy areas, such as commercial property. From property damage and liability to business interruption cover, clients get everything under one roof.

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Building Broker Commercial Property Insured 52

Risk Management Monitor

DECEMBER 17, 2021

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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Building Damage Property Damage Risk 79

Jackson & Jackson

APRIL 26, 2024

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 Property Property Insurance Commercial Business Interruption 52

Property Insurance Centre

JULY 21, 2024

Aspray, a leading property damage claims management company, can act on your behalf when you need to make a claim. Aspray’s repeat win is a reflection of their unwavering commitment to delivering top-notch service to their clients, ensuring that they receive the best possible outcome in times of property damage.

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Claim Property Damage Property Insurance Building 52

Bankers Insurance

MAY 16, 2024

These policies can provide critical financial security as homeowners seek to protect their fiscal stability and property. As insurance companies leave certain markets or refuse to issue policies to certain properties, homeowners may be forced to seek more expensive options, such as state-supported insurers. 3 or 5 years).

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Scott Insurance

FEBRUARY 10, 2023

Affordable housing developments are a critical component of building a strong economy, and the need for affordable housing today is urgent. To that end, as an affordable housing developer, you should be listed as an additional insured on your general contractor’s liability policy.

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Liability Policy Risk Property Damage 52

Scott Insurance

JANUARY 28, 2022

In some situations, property policies might give a sub-limit to help with remediation costs. 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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Protect Commercial Insurance

MAY 30, 2024

In this article, we will explore different types of insurance coverage that can help safeguard your business from property damage, liability claims, cyber threats, and more. General liability insurance provides coverage for injuries or property damage that occur on your business premises or as a result of your business operations.

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Cyber Business Insurance Business Interruption Professional Liability Insurance 52

Distinguished

SEPTEMBER 25, 2024

Whether it’s a construction project for a single-family home , a mixed-use building , or a commercial property, Distinguished’s Builder’s Risk Program has got it covered. Different Builder’s Risk insurance policies vary from one insurance carrier to another.  Who Should be Named in a Builder’s Risk Policy?

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Distinguished

SEPTEMBER 10, 2024

This includes projects that involve: Betterments Renovations New Construction We also insure a variety of building types, including single-family homes , mixed-use buildings , and commercial properties. Who Needs to be Insured by a Builder’s Risk Policy in Alabama?

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Risk General Liability Broker-Agent Insured 52

Distinguished

AUGUST 26, 2024

Under-construction buildings can be prone to fire, vandalism, and theft, which can end up costing their backers and owners millions. Distinguished’s Builder’s Risk Program covers all kinds of buildings in Michigan, including single-family homes , mixed-use buildings , and commercial properties.

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Risk Broker-Agent Insured Insurer 52

Bankers Insurance

AUGUST 8, 2024

However, it’s important to keep in mind that a property may be assigned several different values, including: Market value — This is an estimate of what a property could be sold for in the present real estate market. Market value is based on factors such as lot size, building condition and location desirability.

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Commercial Property Property Insurance Commercial Out-Of-Pocket 59

Cover4LetProperty

OCTOBER 9, 2022

That’s when you will turn to your landlord insurance policy for support and financial assistance. When you are purchasing your landlord insurance policy, there might be a natural temptation to get it over and done with as fast as possible so that you can continue with your normal daily business.

Liability 52

Liability Insured Insurer Insurance 52

Paragon Independent Insurance Agencies

MAY 27, 2024

Commercial Insurance Information Commercial insurance consists of policies to safeguard businesses when financial losses are inevitable. These events may include property damage, liability claims from work-related injuries, break-ins, or business interruption. Insurance providers offer customizable coverage options.

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Commercial Insurance Commercial Protection Business Interruption 40

Property Insurance Centre

JANUARY 16, 2025

Commercial Flood Insurance in the United Kingdom: Types of Coverage Available Commercial flood insurance policies typically cover: Property Damage: Repair or replacement of buildings, fixtures, and equipment. Flood Defences: Install barriers, pumps, and flood-resistant materials to minimise damage.

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Commercial Commercial Property Insured Insurer 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. What does let property insurance cover offer by way of protection?

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Insured Insurer Insurance Property Insurance 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. This guide draws on some information from America as well as the UK.

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Property Insurance Policyholder Insured Insurer 52

Cover4LetProperty

AUGUST 15, 2022

Looking carefully through the landlord insurance policy terms and conditions may be the only way that you can make sure that your policy does what you need it to do in terms of helping you protect your livelihood as a landlord. Remember that all buy to let insurance policies will differ in certain respects.

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Insured Insurer Insurance Policy 52

Protect Commercial Insurance

NOVEMBER 22, 2024

You can choose from a range of policies that include basic coverage to keep costs down. So, there’s a policy out there to suit just about every budget. Without insurance, your business could face catastrophic financial loss from property damage, theft, or a lawsuit. Each policy has specific inclusions and exclusions.

Commercial Insurance 52

Commercial Insurance Commercial Cyber Insured 52

TGS

OCTOBER 3, 2023

The quote will be based on many factors, including your home’s age, building features, location and size, as well as your insurance score. To feel confident in your policy before you sign, make sure you understand how to read a homeowners insurance quote. You only pay when purchasing the policy. Policy Number 3.

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Insurance Quotes Deductible Home Insurance Out-Of-Pocket 52

Zywave

NOVEMBER 20, 2024

Now is the time to build a winning strategy to secure success. It is crucial for businesses to maintain documented workplace policies fostering a culture of inclusion and mitigating risk in these areas. Employers should prioritize mental health resources and clear policies to handle workers’ comp claims as efficiently as possible.

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Workers Comp Commercial Property Cyber Commercial 52

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?

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Protect Commercial Insurance

OCTOBER 25, 2024

Introduction When it comes to safeguarding your business, selecting the right insurance policy is crucial. It can be quite a daunting task with so many options out there, and understanding each policy’s intricacies is essential for your peace of mind and financial wellbeing. Every industry comes with its own set of risks.

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Business Insurance Liability Insurance Liability Policy 52

Jackson & Jackson

MAY 22, 2024

. “Understanding Multi-Family Property Insurance” Commercial property insurance is a vital safeguard for property owners, protecting their assets against various risks. It covers property damage, loss of income, liability claims, etc.

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Property Insurance Commercial Property Commercial Insured 52

Cover4LetProperty

JANUARY 2, 2024

Getting the most appropriate insurance cover for your let property is therefore worth more than a second thought and something which you might prefer to entrust to a specialist insurance provider.

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Liability Damage Home Insurance Building 52

Cover4LetProperty

JANUARY 29, 2024

At its simplest, therefore, a home is a home, whilst let property is a business asset. In summary, it’s important for landlords to carefully assess their landlord insurance needs and choose a policy that provides adequate cover for their specific situation.

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Home Insurance Insured Insurer Insurance 52

Property Insurance Centre

JANUARY 4, 2024

Unpredictable weather events and the rise in natural catastrophes pose significant challenges for the property insurance industry. Insureds are facing substantial property losses, leading to increased financial burdens. The rising costs of building or repairing properties have a direct effect on insurance premiums.

Property Insurance 52

Property Insurance Commercial Property Liability Insured 52

Cover4LetProperty

DECEMBER 1, 2023

Landlord insurance: Includes coverage for the structure of the building, landlord’s fixtures and fittings, contents (if the property is rented furnished), liability protection, and may also cover loss of rental income.

Home Insurance 52

Home Insurance Insured Insurer Insurance 52

Cover4LetProperty

AUGUST 23, 2022

It is no longer possible to rely on the owner-occupier home buildings and contents policy that previously offered you protection – you will need to get a fresh quote for specially formulated insurance for landlords. How is let property insurance different from home insurance? This includes any exclusions attached to the policy.

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Insured Insurer Insurance Property Insurance 40

LexisNexis

OCTOBER 8, 2024

OpenAI Expressed Deep Concerns About California Bill California’s SB 1047 , also known as the Safe and Secure Innovation for Frontier Artificial Intelligence Models Act, by Scott Wiener (D), in simple terms, would have required major AI developers to implement security protocols to avoid causing mass casualties or major property damage.

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Property Damage Risk Damage Building 98