Freeway Insurance

JANUARY 3, 2025

Senate Bill 1107 , which increases minimum insurance requirements, is expected to further drive up premiums statewide. These drivers are often seen as higher risk by insurers, which can lead to higher premiums even before the 2025 hike. As these expenses climb, insurers pass them on to drivers through higher premiums.

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Auto Insurance Premium Liability Insurer 98

Freeway Insurance

OCTOBER 8, 2023

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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Auto Insurance Insurance Claim Claim Out-Of-Pocket 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

TGS

NOVEMBER 12, 2024

TGS Insurance » Blog Unlocking a Smart Home Insurance Discount: How Your Gadgets Can Lower Your Premiums If you’ve recently dipped a toe into the world of smart home technology, you’re likely familiar with the benefits of convenience. These devices can help prevent accidents and reduce the likelihood of costly claims.

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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

Property Insurance Centre

FEBRUARY 10, 2025

Theft and Vandalism Burglary, robbery, and vandalism are significant threats, especially for retail businesses and warehouses storing valuable goods. Whether you have an adverse claims history, a high value property or a large portfolio of properties, we can source suitable cover for you.

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Commercial Property Property Insurance Commercial Boiler and Machinery 52

Property Insurance Centre

NOVEMBER 11, 2024

” or can’t get the insurance you deserve for that matter – insurance with reasonable premiums and without unnecessary restrictions. Let’s have a look at them… Don’t claim for everything – One thing insurers do not like, is a policyholder that claims over multiple times a year & for the smallest thing.

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Insurer Insured Insurance Premium 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

Wren Insurance Agency

AUGUST 28, 2024

When clients request ACV to try to save money on their insurance premiums, while we understand, we will always take the time to try to educate them on why this isn't necessarily a good idea. Now, due to a claim (tied to a weather event, fire, theft, etc.), it would take $1,500 to purchase that same couch today.

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Home Insurance Insurer Insured Insurance 72

Jackson & Jackson

APRIL 10, 2024

It covers the physical structure of your building and its contents against fire, theft, and some natural disasters. It protects you from claims arising from accidents or injuries on your property. Understanding the Claims Process Before signing up for any insurance policy, understand the claims process.

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Commercial Property Commercial Business Interruption Out-Of-Pocket Expense 52

Property Insurance Centre

SEPTEMBER 25, 2024

This might seem like an advantage since this saves cost initially, though it might lead to high premium costs later on. Define the maximum amount that you are willing to spend additional in the case of a claim. These can be added to your policy for an additional premium. . – Picking a low excess.

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Building Insurer Insured Insurance 52

Scott Insurance

JULY 9, 2024

The average water damage claim costs approximately $12,500 to repair, but claims costing as much as $50,000 are common. In addition to the monetary expense, homeowners often spend months displaced from their homes while restoration is completed.

Damage 52

Damage Theft Property Damage Insurance Carrier 52

Jackson & Jackson

APRIL 26, 2024

Key Coverages for California Property Investors Property Damage : Covers damage to your buildings and contents caused by fire, theft, vandalism, and natural disasters. Liability Protection : Protects against claims of property damage or personal injury caused by you or your operations.

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Commercial Property Property Insurance Commercial Business Interruption 52

Protect Commercial Insurance

JULY 26, 2024

Property insurance can protect these assets from damage or loss due to fire, theft, or other covered perils. It provides coverage for third-party bodily injury or property damage claims that may arise from accidents on your premises or as a result of your products or services. These discounts can help reduce your premiums.

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Commercial Insurance Broker General Liability Business Interruption 52

Cover4LetProperty

JANUARY 29, 2024

Risk is assessed with respect to the likelihood of loss or damage leading the insured to make a claim, since the settlement of claims paid out to the insured represent a liability for the insurer. Landlords are essentially running a small business, and the associated risks and responsibilities are reflected in the cost of insurance.

Home Insurance 52

Home Insurance Insurer Insured Insurance 52

Jackson & Jackson

MAY 22, 2024

It covers property damage, loss of income, liability claims, etc. With the right insurance coverage, investors can mitigate financial losses resulting from unforeseen events such as fires, storms, theft, or vandalism. A comprehensive insurance policy that includes essential coverage, such as fire, theft, and liability, is crucial.

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Property Insurance Commercial Property Commercial Insurer 52

Protect Commercial Insurance

NOVEMBER 1, 2024

Definition and Purpose Standard home insurance is designed for individuals who live in their property, covering both the home and possessions inside it from damage and theft. Its primary aim is to protect the homeowner’s property and personal assets against common risks, such as fire, theft, or inclement weather.

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Home Insurance Out-Of-Pocket Insurer Insured 52

Distinguished

SEPTEMBER 25, 2024

Job sites that are under construction are prone to things like fire, theft, and vandalism. Theft : Covers the cost of replacing covered items that were stolen from the job site. Equipment : Covers damages to or theft of equipment used on the job site. They require insurance to protect against potential claims.

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Risk Broker-Agent Insurer Insured 52

Protect Commercial Insurance

NOVEMBER 22, 2024

While it might sound complicated, this actually means your premium is tailored to fit your needs, ensuring you don’t overpay for unnecessary coverage. Bundling different types of coverage—think of it as grouping all your essential services in one place—can also help reduce premiums. Each policy has specific inclusions and exclusions.

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Commercial Insurance Commercial Cyber Insurer 52

Freeway Insurance

OCTOBER 26, 2023

If your area has more crime, such as car theft and vandalism, the cost of your insurance may go up because you are more likely to have to make a claim. Your age, driving record, and the insurance regulations in the state in which you live are among the chief determining factors that will set your premiums.

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TGS

DECEMBER 11, 2024

Policies, premiums, deductiblesits a lot to process. Theyve likely memorized every detail of the policies they sell, from the fine print on coverage to the claims process. It can impact the coverage you receive, the cost of your premiums, and how well your policy protects you in the long run. But theres a catch.

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Property Insurance Centre

JANUARY 30, 2024

It’s essential to accurately determine the rebuild cost of the property and disclose any claims history. Key aspects to consider when buying buildings insurance include reviewing the policy’s exclusions , understanding excesses , comparing premiums, and evaluating the level of customer service provided by the insurer.

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Property Insurance Centre

AUGUST 8, 2024

However, if it goes more long term the insurers can at worst pull cover entirely leaving you to search the market for an alternative, or perhaps apply more stringent conditions and charge a rather large additional premium – usually refundable on a pro-rata basis, assuming you are able to let the property out again!

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Insurer Insured Insurance Premium 52

Protect Commercial Insurance

OCTOBER 25, 2024

Think about the everyday operations of your business: – Are there physical locations that require protection from natural disasters or theft? Reflect on: – How much you can comfortably allocate from your business budget for insurance premiums. How are claims processed and handled?

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Property Insurance Centre

DECEMBER 23, 2024

Having a Fully maintained Theft Alarm Having a Fire Alarm Having Grilles & Shutters on ground floor accessible windows CCTV both internally and externally Anti ram raid road bollards These may be some of the more common protections that most of us will have heard of. So it is essential you check urgently if you have not done so already.

Commercial Property 52

Commercial Property Insurer Insured Insurance 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.

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Insurer Insured Insurance Property Insurance 52

Distinguished

AUGUST 5, 2024

Affects homeowner premiums : If a claim needs to be made for one of your clients’ toys, that claim could lead to increased premiums on their homeowner’s insurance, a financial burden that may not be worth the claim. What Specific Risks Do Toys Face?

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Broker Insurer Insured Insurance 52

Distinguished

SEPTEMBER 17, 2024

We can consider weather related claims, but claims of theft, vandalism, and fire, for example, would be an automatic decline. If we are comfortable with our exposure, we may consider increasing the AOP deductible and the theft deductible , depending on the underwriting analysis. Loss experience.

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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

Distinguished

JULY 22, 2024

Theft, damage during transport, or accidental breakage can devastate a collection that has taken years to assemble. It also provides more comprehensive protection against a wide range of common risks, including accidental damage, theft, loss, and damage during transit.

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Insurer Insured Insurance Policy 52

Distinguished

SEPTEMBER 10, 2024

This includes damages that arise from: Fires Theft Vandalism Weather events We are also proud to offer coverages beyond property damage for buildings, temporary structures, and building materials. Industry Leaders : As a top Builder’s Risk insurer nationwide, we offer your clients enduring stability and premium coverage options.

Risk 52

Risk General Liability Broker-Agent Insurer 52

Cover4LetProperty

JANUARY 21, 2023

What matters to insurers, of course, is the question of risk – what is the likelihood of the insured property suffering loss or damage and the insurer having to pay out on a claim as a result? Who is a landlord? But it is clear that there is scope for considerable variation in the precise scope and level of cover you purchase.

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Insurer Insured Insurance Damage 52

Cover4LetProperty

DECEMBER 1, 2023

The main difference between home insurance and landlord insurance lies in the intended purpose and cover.

Home Insurance 52

Home Insurance Insurer Insured Insurance 52

TGS

SEPTEMBER 6, 2023

If you have to file a claim during the renovation, but you failed to report the project to your insurance in advance, it can be costly. For example, standard home insurance will not cover theft or vandalism during construction. However, other situations require separate policies.

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Insurance Policy Policy Home Insurance Personal Property 52

Jackson & Jackson

AUGUST 16, 2024

This means that in the event of a fire, theft, or other covered peril, homeowners can receive compensation for both the repair or replacement of their home and their personal possessions. Look for reputable companies with a strong financial standing and a history of satisfying their customers’ claims.

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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.

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Risk Insurer Insured Insurance 40

Distinguished

MARCH 25, 2025

This kind of coverage ensures each piece is protected at its full appraised value and accounts for risks unique to collectible decoys, such as accidental damage, theft, and environmental factors like humidity and warping. A standard homeowner’s or renter’s policy isnt enough. Ready to get started?

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