Distinguished

FEBRUARY 24, 2025

Slip-and-fall incidents: High foot traffic in dining areas and restrooms increases the risk of customer or employee injuries, which can lead to costly liability claims. Employee-related risks: Claims of wrongful termination, discrimination, or harassment can arise, particularly in high-turnover environments like restaurants.

Liability 52

Liability Liability Insurance Insurer Insured 52

Property Insurance Centre

MARCH 11, 2025

Higher Property Values and Rebuild Costs London property prices are significantly higher than the national average, which means higher rebuild costs and, consequently, higher insurance premiums. Higher Crime Rates and Security Concerns London experiences more burglary, vandalism, and theft claims compared to rural or suburban areas.

Risk 52

Risk Insurer Insured Insurance 52

Distinguished

MARCH 20, 2025

And with rising property values, more frequent catastrophic weather events, and emerging risks like habitability claims, its never been more critical to help your clients navigate their insurance options. What Kinds of Claims Get Made in Apartment Buildings As a team, weve seen all kinds of claims related to apartment buildings.

Building 52

Building Protection Damage Liability 52

Protect Commercial Insurance

NOVEMBER 8, 2024

By understanding your policy needs, shopping around, and exploring available discounts, you can effectively manage insurance premiums and keep your business financially secure. 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

Freeway Insurance

OCTOBER 26, 2023

Insurance companies take into account things like traffic, crime, frequency of accidents and even the weather. So if you live in a city with a lot of traffic or in an area with more crime, your insurance may cost more than if you live in a quieter, safer place. What Other Factors Determine What I’ll Pay for Auto Insurance?

Crime 52

Crime Auto Insurance Insurer Insured 52

Cover4LetProperty

OCTOBER 1, 2024

Without this cover, if someone should make a claim against you for loss or injury, then if the case goes to court and your tenant is awarded compensation, you will need to find this money yourself. Properties in areas with higher crime rates or those prone to flooding may have higher premiums.

Insurer 60

Insurer Insured Insurance Injury 60

Risk Management Monitor

DECEMBER 20, 2022

Claimant fraud and premium fraud are two of the most well-known types of workers compensation fraud. In these cases, a worker may intentionally fake an injury (claimant fraud) or a business owner may misrepresent their employee headcount or incorrectly classify employees to obtain lower insurance premiums.

Workers Comp 40

Workers Comp Workers Compensation Compensation Claim 40

Distinguished

SEPTEMBER 10, 2024

However, every project is different, so underwriters will determine the final cost of a policy based on the following factors: Location : Construction sites near bodies of water, in higher crime areas, or that include some other unique risk factor would increase the cost of the policy.

Risk 52

Risk General Liability Broker-Agent Insurer 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. This could mean that if the property is insured for 50% of its correct rebuilding cost, the insurer only pays 50% of the claimed amount.

Building 52

Building Liability Insurer Insured 52

Property Insurance Centre

JULY 30, 2024

3 The FTC says it’s fair to refuse a rental applicant based on low income, credit scores, eviction or crime history. Whether you have an adverse claims history, a high value property or a large portfolio of properties, we can source suitable cover for you. These questions cover employment, pets, smoking, and past offences.

Building 52

Building Property Insurance Policy Commercial 52

Risk Management Monitor

OCTOBER 25, 2022

The insurance industry has already seen several supply chain and inflation-driven Security Class Action claims. Various companies have made claims as a result of challenged financials in the wake of strong inflationary and supply chain/labor impact. Both impact the bottom line.

Risk 40

Risk Insurer Insured Insurance 40

Distinguished

MARCH 25, 2025

Security measures: Collections stored in locations with advanced security systems, climate control, and proper humidity management may qualify for lower premiums. Location: Storing a collection in an area prone to natural disasters or with higher crime rates can increase insurance costs.

Deductible 52

Deductible Insurer Insured Insurance 52