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What is Subrogation and How Does it Work?

Bankers Insurance

Subrogation is more than just a fancy insurance term – it’s a right held by your insurance carrier under your policy that allows them to seek reimbursement from the party found responsible for the accident after they’ve paid a claim for a covered cause of loss. WHEN DOES SUBROGATION OCCUR?

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How to become an insurance agent? Ultimate guide

Friendly Agent

Agents who sell insurance policies of the commercial type provide coverage to business owners with their property insurance, general liability insurance, and other kinds of coverage. The insurance premiums are intended for policies covering cars, houses, life insurance premiums, and more.

Insiders

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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. It’s especially important for businesses and individuals in the legal, accounting, real estate, and insurance sectors.

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Emerging Property Insurance Trends 2024

Property Insurance Centre

To address this issue, carriers now require recent appraisals that reflect the current market conditions. This ensures that insured properties are adequately valued and properly insured, reducing the risk of financial loss in the event of a claim.

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Builder’s Risk Insurance in Tennessee: A Broker’s Guide 

Distinguished

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.  They require insurance to protect against potential claims.

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