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Insurance for Apartment Building Owners: Protecting Your Client’s Investments With the Right Coverage

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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. Without the right coverage, property owners could be exposed to significant financial and legal risks.

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Understanding the CrowdStrike Attack and Cyber Insurance

ProWriters

The CrowdStrike outage highlights the potential for significant financial losses due to downtime. Knowing policy limits, deductibles, and exclusions is critical. Doing so will help them better grasp their policies’ nuances, discuss risk management strategies, and prepare for potential claims.

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How to Read Homeowners Insurance Quotes

TGS

Deductibles 8. Policy Number If you ever need to file a claim, this policy number is what you will use. If you suffer from losses or damages beyond those limits, you will be responsible for paying the rest out of pocket. >> TGSI TIP: If you can afford to raise your deductible, doing so will lower your premium!

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How To Save Money On Your Commercial Insurance

Protect Commercial Insurance

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.

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E&O vs. EPLI: What Coverage Do Your Clients Need?

ProWriters

Understanding E&O Insurance Errors and Omissions (E&O) Insurance is liability coverage protecting professionals against claims for negligence, errors, or mistakes made in the course of their work. Coverage of claims made by third parties who suffer financial losses due to the insured’s actions.

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Builder’s Risk Insurance Declinations: An Interview With Susan DeCarlo

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We can consider weather related claims, but claims of theft, vandalism, and fire, for example, would be an automatic decline. What are some of the key factors you consider when determining appropriate coverage limits and deductibles? Properties in a high wind hail area may be subject to an increased wind deductible.

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Management Liability Insurance: A Broker’s Guide 

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This can include claims related to alleged mismanagement, negligence, or improper disclosure. Employment Practices Liability (EPL) insurance : EPL coverage safeguards the company and its employees from claims of wrongful termination, harassment, discrimination, and other employment-related issues.