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Mistakes in setting sums insured / declared value where the Insured elects an Indemnity Period of less than 12 months.

Prof. Allan Manning

I recall the very first business interruption claim I did was for a risk in Toowoomba and to my horror found that the Insured had only declared 3 months insurable gross profit with a 3-month Indemnity Period. Where a client, sought to insure for less than 12 months they would offer a discount on the premium rate.

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Save Money on Small Business Insurance in California

Jackson & Jackson

Discover practical strategies and money-saving tips for small business insurance in California. How to Save Money on Small Business Insurance in California Running a small business in California can be both exciting and challenging. Start by conducting a detailed review of your business operations.

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What are the most important questions to ask when choosing business insurance?

Protect Commercial Insurance

Let’s explore the pivotal questions to ask when choosing your business insurance coverage. Understanding your business needs Image courtesy: Unsplash Before diving into the vast world of business insurance, it’s essential to pause and assess your company’s unique needs.

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Beyond Fire: Triple-I Interview Unravels Lightning-Risk Complexity

Triple-I: Business Insurance

Investment in a lightning protection system could have saved this business owner – and his insurer – the million dollars lost and prevented business interruption. Several insurers offer premium discounts for policyholders who invest in lightning protection systems.

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How To Save Money On Your Commercial Insurance

Protect Commercial Insurance

This guide will teach you practical ways to save money on your commercial insurance. By understanding your policy needs, shopping around, and exploring available discounts, you can effectively manage insurance premiums and keep your business financially secure.

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Common Myths About Commercial Insurance Debunked

Protect Commercial Insurance

The cost of commercial insurance is generally based on several factors, such as the type and size of your business, its location, and the specific risks involved. While it might sound complicated, this actually means your premium is tailored to fit your needs, ensuring you don’t overpay for unnecessary coverage.

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The Evolution of Commercial Insurance: Key Trends to Watch in 2025

Protect Commercial Insurance

Introduction The world of commercial insurance is constantly evolving, adapting to meet the changing needs of businesses. As we inch closer to 2025, several trends are emerging that promise to reshape the landscape of business insurance.