Mark Jackson Insurance Agency

MARCH 19, 2025

Brick commercial office building by Binyamin Mellish Expanding your business to a new location is an exciting step toward growth, but it also introduces new risks. From property protection to liability coverage, ensuring your business insurance policies align with your expansion is critical.

Workers Compensation 52

Workers Compensation Liability Property Damage Inland Marine Insurance 52

Property Insurance Centre

AUGUST 12, 2024

Automatic Fire Alarms in Commercial Properties New Rules 2024 As of October 2024 the London Fire Brigade will cease to attend alarms at commercial properties between the hours of 7am & 8:30 pm. It has been found that 99% of alarms at commercial properties are, in fact, false alarms and take up significant resources.

Commercial Property 52

Commercial Property Commercial Property Insurance Building 52

Risk Management Monitor

AUGUST 9, 2022

As companies assess their natural disaster preparedness, there are some proactive measures that should be taken specifically for hail to leave organizations best positioned for any resulting insurance claims. Let’s say you operate a business in Plano, Texas, and have a commercial property policy with a renewal date of January 1, 2022.

Damage 78

Damage Claim Commercial Property Deductible 78

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

The Property Insurance Law Observer

AUGUST 22, 2024

2024), the District Court of Massachusetts found that “collapse” provisions within a commercial property policy were ambiguous where a floor merely sagged without completely falling to the ground. During the policy period, the insured’s floor “sunk” between eight to 12 inches.

Building 130

Building Commercial Property Damage Policy 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

Jackson & Jackson

MAY 22, 2024

Multi-unit commercial properties in California offer investors the potential for significant returns. Investors must understand the importance of securing comprehensive commercial property insurance coverage to protect their investments. It covers property damage, loss of income, liability claims, etc.

Property Insurance 52

Property Insurance Commercial Property Commercial Insured 52

Property Insurance Centre

JULY 21, 2024

Our Claims Partner, Aspray, Wins Loss Assessor of the Year 2024 We are delighted but not surprised to announce that our claims partner, Aspray, has won the prestigious “Loss Assessor of the Year 2024” award at the British Claims Awards.

Claim 52

Claim Property Damage Property Insurance Building 52

Property Insurance Centre

JANUARY 30, 2025

Because of these risks, many standard building insurance policies may not fully cover an unoccupied flat for extended periods, typically beyond 30-60 days. Get a Quote Insurance under one roof We are specialists in many types of insurance GET YOUR QUOTE GET YOUR QUOTE What Type of Insurance Do You Need?

Property Insurance 52

Property Insurance Insured Insurer Insurance 52

Property Insurance Centre

JANUARY 27, 2025

Steps to Take Check the Lease Agreement: This document will outline who is responsible for insuring the building. Speak with the Freeholder or Managing Agent: Ask for details about the current insurance policy and how costs are allocated.

Building 52

Building Broker-Agent Insured Insurer 52

Property Insurance Centre

MARCH 21, 2025

Insurers view these uses as higher risk, which can lead to increased premiums or the need for specialist insurance policies. Crime Risk in Certain Urban Areas While overall crime in Manchester is lower than in London, some districts still report higher rates of burglary and vandalism, which can affect insurance costs.

Premium 52

Premium Insured Insurer Insurance 52

Property Insurance Centre

MARCH 11, 2025

Some insurers might impose higher excesses or refuse coverage in high-risk flood zones. Higher Crime Rates and Security Concerns London experiences more burglary, vandalism, and theft claims compared to rural or suburban areas. Insurers often require extra security measures like CCTV, secure entry systems, and alarm monitoring.

Risk 52

Risk Insured Insurer Insurance 52

Risk Management Monitor

NOVEMBER 8, 2021

One of the first steps in obtaining commercial property insurance is to determine the value of the property being insured. The reported property value will drive premium amounts and, importantly, represents the property loss exposure. The accuracy of this approach will diminish over time.

Commercial Property 75

Commercial Property Insured Insurer Insurance 75

Property Insurance Centre

JANUARY 4, 2024

This ensures that insured properties are adequately valued and properly insured, reducing the risk of financial loss in the event of a claim. Labour Costs and Insurance Premiums Labour costs are another significant factor affected by inflation.

Property Insurance 52

Property Insurance Commercial Property Liability Insured 52

Property Insurance Centre

MAY 20, 2024

Consequences of Underinsurance In the event of a claim on the block insurance policy , the insurer or its appointed loss adjuster may check to see that the Declared Value is adequate. If it is not, they may rely upon a clause within the insurance policy called Average, Average Condition, or Underinsurance.

Building 52

Building Liability Insured Insurer 52

Property Insurance Centre

JANUARY 16, 2025

From the catastrophic floods in Carlisle in 2005 to the more recent deluge in London in 2021, businesses in flood-prone areas have faced disruption, financial losses, and complex insurance claims. This article explores the intricacies of commercial flood insurance in the UK, highlighting regional variations, challenges, and solutions.

Commercial 52

Commercial Commercial Property Insured Insurer 52

Mark Jackson Insurance Agency

NOVEMBER 22, 2024

While your business may only operate for part of the year, risks like property damage, liability claims, or equipment theft don’t follow a calendar. Having the right insurance policies in place ensures your business is protected even during the offseason. Start by evaluating your specific risks.

Business Interruption 52

Business Interruption Theft Liability Insured 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 Insurer Insurance 52

Property Insurance Centre

SEPTEMBER 25, 2024

Accidental damage is not usually covered by a normal building insurance policy. Define the maximum amount that you are willing to spend additional in the case of a claim. – Failure to read particular policy documents. Key Takeaways Building insurance is essential to protect your property, but it can be complex.

Building 52

Building Insured Insurer Insurance 52

Property Insurance Centre

NOVEMBER 11, 2024

These are just some of the excuses we hear of from the question of, “ Why can’t I get insurance ?” ” or can’t get the insurance you deserve for that matter – insurance with reasonable premiums and without unnecessary restrictions. Getting an alarm will often be a deterrent in the first instance.

Insured 52

Insured Insurer Insurance Premium 52

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 Insurer Building Insurance 52

Jackson & Jackson

APRIL 28, 2024

Mistake 1: Underinsuring Their Properties One of the most common mistakes investors make is underinsuring their properties. However, in the event of a claim, this can lead to substantial out-of-pocket expenses due to insufficient coverage limits. How to Avoid It: Carefully read your insurance policy, including the fine print.

Business Interruption 52

Business Interruption Out-Of-Pocket Expense Out-Of-Pocket Broker-Agent 52

Property Insurance Centre

OCTOBER 18, 2024

Recent data from 2023 and 2024 highlights the financial strain on insurers and property owners alike, driven by more severe storms, heavy rainfall, and unpredictable weather patterns. Rising Claims Due to Extreme Weather In 2023, UK insurers faced record-breaking claims from weather-related damage.

Property Insurance 52

Property Insurance Premium Insured Insurer 52

Cover4LetProperty

APRIL 16, 2024

They can range from individual property owners to those who own multiple rental properties as part of their investment portfolio. Corporate landlords: These are companies or organisations that own and manage rental properties on a larger scale. They may own residential properties, commercial properties, or a combination of both.

Insured 52

Insured Insurer Insurance Property 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. When a project is under construction or renovation, your clients are likely not covered by their homeowner’s insurance or business insurance.

Risk 52

Risk Broker-Agent Insured Insurer 52

Protect Commercial Insurance

NOVEMBER 22, 2024

A single incident can be financially crippling, but insurance shields you from unprecedented risks. Investing in the right policy can save you a lot of money in the long run. Each policy is unique and can vary widely in what it covers. Some protect against property damage, while others focus more on liability issues.

Commercial Insurance 52

Commercial Insurance Commercial Cyber Insured 52

Property Insurance Centre

MARCH 19, 2024

It empowers individuals to make informed decisions about insurance coverage and understand their policy rights. Consumer education ensures that individuals are prepared and protected with the proper insurance coverage and are knowledgeable about the claims process. Leads to confusion and potential gaps in coverage.

Property Insurance 52

Property Insurance Policyholder Insured Insurer 52

Protect Commercial Insurance

DECEMBER 6, 2024

Insurance companies will need to design comprehensive cyber insurance policies that not only cover financial losses but also offer resources for incident recovery and cyber threat intelligence. – Fraud Detection : AI’s capability to detect anomalies makes it a powerful tool against fraudulent claims.

Commercial Insurance 52

Commercial Insurance Commercial Insured Insurer 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 Insurer Insurance Property Insurance 52

Property Insurance Centre

AUGUST 8, 2024

It is important to remember, insurers will be continuing to rate the risk element attached to your property, and if you manage to get the office occupied again then, statistically at least, there will be less likely to be any property owners claims for either material damage or liability.

Insured 52

Insured Insurer Insurance Premium 52

LexisNexis

SEPTEMBER 20, 2024

Disaster Management Guidance (Commercial Real Property Owners) Key considerations for real property owners, managers, and governing bodies in preparing for and responding to both natural and human-created disasters including casualty loss, natural disaster, cyberattack, and criminal or terrorist act.

Commercial 40

Commercial Liability Personal Property Policy 40

Property Insurance Centre

JULY 30, 2024

We work closely with our Insurers to get the best rates and our experience and excellent relationships with them mean that we can provide cover for even the most difficult to place risks. Whether you have an adverse claims history, a high value property or a large portfolio of properties, we can source suitable cover for you.

Building 52

Building Property Insurance Policy Commercial 52

Property Insurance Centre

NOVEMBER 26, 2024

We work closely with our Insurers to get the best rates and our experience and excellent relationships with them mean that we can provide cover for even the most difficult to place risks. Whether you have an adverse claims history, a high value property or a large portfolio of properties, we can source suitable cover for you.

Injury 52

Injury Protection Risk Damage 52

Protect Commercial Insurance

MARCH 14, 2025

Commercial property insurance is a key component in this protection, offering a safety net against unexpected disasters. Whether you own a quaint little shop or a sprawling office complex, securing proper insurance means youre prepared for the unexpected.

Commercial Property 52

Commercial Property Property Insurance Commercial Business Interruption 52

Prof. Allan Manning

JANUARY 29, 2025

Last week I posted an article in regard to terrorism coverage under commercial property, and/or business interruption policies. I also touched on commercial liability coverage. In a day or two I will address Strata and after than residential landlord policies, and finally private motor.

Policy 208

Policy Business Interruption Risk Commercial 208