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Why Museums Should Buy a Stand-Alone Fine Art & Collectibles Policy

Distinguished

The policy covers the following: Direct Physical Loss or Damage : This includes accidental damage, vandalism, fire, theft, natural disasters, and other unexpected incidents. Fine Art & Collectibles policies cover loaned items from the first dollar of damage, typically with no deductible, ensuring compliance with contractual obligations.

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Fifth Circuit Holds That Sales Tax is Not a Component of Actual Cash Value

The Property Insurance Law Observer

Actual cash value of the stolen or damaged property less the deductible; or 2. Amount necessary to repair or replace the property with other property of like kind and quality less the deductible. If we return stolen property we will pay for any damage resulting from the theft. The address shown in this policy.

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The Real Cumulative Cost of an Auto Insurance Claim

Freeway Insurance

Understanding how much car insurance claims typically cost involves taking a look at the complicated world of car insurance, where many things can affect the numbers. The average cost of auto claims is important to both insurance companies and people who have insurance. What Is A Car Insurance Claim?

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

Distinguished

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.

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Keeping Coverage Affordable: California Drivers Will See Auto Insurance Rate Increases in 2025

Freeway Insurance

More vehicles on the road lead to a higher risk of accidents, which in turn raises the number of claims that insurance companies must cover. With more claims to pay out, insurers need to adjust their pricing models to account for the greater financial risk, which leads to higher premiums for drivers across the board.

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The Key Factors That Influence Your Auto Premiums

Boyle Agency Insurance

Additionally, areas with a higher incidence of car theft may lead to increased insurance costs. Deductibles The deductible is the amount you must pay out of pocket before your insurance coverage kicks in after an accident.

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10 Factors That Affect Homeowners Insurance Premiums in Florida

TGS

These features reduce the risk of significant damage or theft, meaning less risk for the insurance company. Claims History Both your personal claims history and the history of claims in your area can impact your premium. Deductible Amount Your deductible is the amount you pay out of pocket before your insurance kicks in.

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