Distinguished

FEBRUARY 24, 2025

Over-serving of alcohol: Restaurants can face legal and financial fallout if the alleged over-serving of a patron leads to property damage or a car accident. Key coverages we offer include: Property insurance: Protection for buildings, equipment, and inventory against fire, theft, and natural disasters.

Liability 52

Liability Liability Insurance Insurance Insured 52

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.

Commercial Property 52

Commercial Property Property Insurance Commercial Business Interruption 52

The Property Insurance Law Observer

AUGUST 1, 2024

Background The insurers issued commercial property policies that provided coverage for a hospital. As a result of a storm, rainwater accumulated on multiple roof areas, and eventually seeped inside, causing damage to the building and property within.

Commercial Property 130

Commercial Property Damage Policy Commercial 130

The Property Insurance Law Observer

FEBRUARY 14, 2024

The insureds suffered property damage caused by a tornado and subsequently submitted a claim to their insurer. The insurer paid only a portion of the claim because it maintained that the tornado that struck and damaged the property was a “windstorm” and, therefore, the claim was subject to the policy’s “Windstorm or Hail Deductible.”

Policy 130

Policy Deductible Damage Property Damage 130

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 Insurance Insured 130

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.

Claim 52

Claim Property Damage Building Property Insurance 52

Bankers Insurance

MAY 16, 2024

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.

Home Insurance 52

Home Insurance Policyholder Insurance Insured 52

Scott Insurance

JANUARY 28, 2022

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.

General Liability 52

General Liability Deductible Liability Property Damage 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.

Commercial Property 59

Commercial Property Property Insurance Commercial Out-Of-Pocket 59

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. 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.

Liability 52

Liability Policy Risk Property Damage 52

Bankers Insurance

NOVEMBER 15, 2023

Pipes and sprinkler systems face a higher risk of freezing in specific areas of a building or property where temperatures can significantly drop during cold weather. Roof: In some commercial and industrial buildings, roof-mounted sprinkler systems are installed for fire protection.

Protection 52

Protection Damage Building Property Damage 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. Property damage : Damages to the building that is being constructed or renovated.

Risk 52

Risk Broker-Agent Insurance Insured 52

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.

Property Damage 98

Property Damage Risk Damage Building 98

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. Distinguished’s Builder’s Risk program insures a variety of the most common construction projects.

Risk 52

Risk General Liability Broker-Agent Insurance 52

Triple-I: Homeowners Insurance

NOVEMBER 5, 2024

Every dollar invested in disaster resilience could save 13 in property damage, remediation, and economic impact costs, suggesting risk mitigation and recovery strategies will become even more essential as natural catastrophe severity increases.

Premium 59

Premium Risk Property Damage Damage 59

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

Cover4LetProperty

JANUARY 29, 2024

At its simplest, therefore, a home is a home, whilst let property is a business asset. Landlord insurance often provides cover (either as standard or as an add-on such as residential let legal expenses and optional rent protection insurance ) for these specific risks, contributing to the higher cost.

Home Insurance 52

Home Insurance Insurance Insured Insurer 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.

Risk 52

Risk Broker-Agent Insurance Insured 52

Zywave

NOVEMBER 20, 2024

Now is the time to build a winning strategy to secure success. Commercial Property: Extreme weather events continue to lead to extreme property damage. Repairing this damage also continues to be more expensive due to inflation. Let’s break down some of the 2025 market trends you can expect in the year ahead.

Workers Comp 52

Workers Comp Commercial Property Cyber Commercial 52

Cover4LetProperty

OCTOBER 9, 2022

Let’s see how you can get the broadest possible cover at times like these by taking a look at those elements that might be included as standard items for your particular landlord insurance policy or which may be available as extras or add-ons: Loss of rental income your buy to let property is a business investment that relies on the steady income stream (..)

Liability 52

Liability Insurance Insured Insurer 52

Cover4LetProperty

JANUARY 2, 2024

The appropriate cover, therefore, is the insurance that delivers the protection demanded by your individual circumstances as a landlord – at a competitively rated price: Building insurance central to your buy to let business, of course, is the property itself; this needs to reflect a worst case scenario in which the building is completely destroyed, (..)

Liability 52

Liability Damage Home Insurance Building 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?

Insurance 52

Insurance Insured Insurer Property Insurance 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.

Insurance 40

Insurance Insured Insurer Home Insurance 40

Protect Commercial Insurance

MAY 24, 2024

General Liability Insurance General liability insurance is a fundamental policy that covers your business against claims of bodily injury, property damage, and personal injury. Commercial Property Insurance While many businesses have property insurance, they often overlook the importance of commercial property insurance.

Insurance Policy 52

Insurance Policy Protection Policy Business Interruption 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 Insurance 52

Property Insurance Centre

MARCH 19, 2024

“Insurance companies should prioritize consumer education to build trust and ensure policyholders understand their rights and responsibilities. An immediate response to property damage is crucial. A knowledgeable policyholder is an empowered policyholder.”

Property Insurance 52

Property Insurance Policyholder Insurance Insured 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. Contents Coverage: Protection for stock, inventory, and furnishings. Business Interruption: Compensation for lost income during downtime caused by flooding.

Commercial 52

Commercial Commercial Property Insurance 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 Insurance Insured Insurer 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.

Property Insurance 52

Property Insurance Commercial Property Commercial Insurance 52

Cover4LetProperty

AUGUST 15, 2022

That is because not only will your requirements differ for the type of building insurance you arrange, but your very perception of cost-effective landlord insurance may do too. Your landlord insurance needs to match your own unique requirements and financial circumstances. If you have the “wrong” type of insurance (e.g.

Insurance 52

Insurance Insured Insurer Policy 52

Protect Commercial Insurance

NOVEMBER 22, 2024

Without insurance, your business could face catastrophic financial loss from property damage, theft, or a lawsuit. Some protect against property damage, while others focus more on liability issues. Sitting down with an experienced insurance advisor can help you build a policy that aligns with your unique needs.

Commercial Insurance 52

Commercial Insurance Commercial Cyber Insurance 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. A homeowners insurance quote is the proposed amount that you would pay an insurance carrier to cover your home.

Insurance Quotes 52

Insurance Quotes Deductible Home Insurance Out-Of-Pocket 52

Protect Commercial Insurance

OCTOBER 25, 2024

Familiarising yourself with the various types can help you craft the most effective insurance package: – General Liability Insurance : Covers third-party bodily injury, property damage, and advertising injuries. – Property Insurance : Protects physical assets from perils like fire, theft, and vandalism.

Business Insurance 52

Business Insurance Liability Insurance Liability Policy 52

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.

Cyber 52

Cyber Business Insurance Business Interruption Professional Liability Insurance 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.

Building 79

Building Damage Property Damage Risk 79

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?

Insurance 40

Insurance Insured Insurer Property Insurance 40