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.

Commercial Insurance 40

Commercial Insurance Commercial Protection Business Interruption 40

ProWriters

APRIL 3, 2024

E&O typically covers claims related to professional services resulting in financial harm to a client, while Professional Liability covers a wider range of claims, such as bodily injury or property damage. An EPLI policy also offers guidance and resources to businesses. What does EPLI not cover?

Liability 52

Liability Cyber Property Damage Claim 52

Distinguished

SEPTEMBER 25, 2024

What Risks Does Distinguished’s Builder’s Risk Insurance Protect Against? When a project is under construction or renovation, your clients are likely not covered by their homeowner’s insurance or business insurance. Different Builder’s Risk insurance policies vary from one insurance carrier to another. 

Risk 52

Risk Broker-Agent Insured Insurer 52

Jackson & Jackson

NOVEMBER 16, 2024

If a client trips over cables during a meeting at your office or your equipment damages their property, General Liability Insurance provides coverage. Business Property Insurance Your servers, laptops, and office equipment are essential for running your IT business.

Insurance Policy 52

Insurance Policy Policy General Liability Workers Compensation Insurance 52

Bankers Insurance

NOVEMBER 15, 2023

Property damage: Burst pipes and malfunctioning sprinkler systems can result in substantial water damage to a building’s structure, interior, and equipment, incurring significant repair costs.

Protection 52

Protection Damage Property Damage Building 52

Protect Commercial Insurance

NOVEMBER 22, 2024

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.

Commercial Insurance 52

Commercial Insurance Commercial Cyber Liability 52

Bankers Insurance

AUGUST 8, 2024

For example, if an insured’s property is valued at $1 million, but their coverage limit is $700,000 and their policy includes an 80% coinsurance clause, they would likely receive only $43,750 after incurring $50,000 in property damage from a covered event, depending on when their deductible is applied (700,000/800,000) x 50,000 = 43,750).

Commercial Property 59

Commercial Property Property Insurance Commercial Out-Of-Pocket 59

Protect Commercial Insurance

NOVEMBER 8, 2024

Understanding Commercial Insurance Commercial insurance is an essential part of safeguarding your business against unforeseen events that could lead to financial loss. It provides protection against a plethora of risks, including property damage, liability claims, theft, and even employee injuries.

Commercial Insurance 52

Commercial Insurance Commercial Premium Deductible 52