Remove Commercial Insurance Remove Injury Remove Out-Of-Pocket Expense
article thumbnail

5 Essential Considerations for Insurance When Buying or Investing in Commercial Property

Jackson & Jackson

Liability Insurance Liability insurance is essential for any commercial property owner. It protects you from claims arising from accidents or injuries on your property. Business Interruption Insurance Unexpected events can disrupt your operations, leading to significant financial loss.

article thumbnail

Understanding Multi-Family Property Insurance in California.

Jackson & Jackson

Additionally, it can provide coverage for business interruption, tenant improvements, and liability claims arising from third-party injuries or property damage on the premises. In the event of a loss, property owners with insufficient insurance may face significant out-of-pocket expenses or, in some cases, the loss of the property altogether.