Protect Commercial Insurance

NOVEMBER 22, 2024

Introduction Navigating the world of commercial insurance can feel a bit like wandering through a maze, with myths lurking around every corner. In this blog, we’ve set out to debunk some of the most common insurance myths. A single incident can be financially crippling, but insurance shields you from unprecedented risks.

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Protect Commercial Insurance

APRIL 11, 2025

– Specialisation : Some insurers specialise in certain industries, which could offer you tailored coverages and possibly better premiums. – Claim Process : Investigate how insurers handle claims. By dedicating time to comparison, you can identify an insurer that aligns well with your business needs.

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Protect Commercial Insurance

SEPTEMBER 13, 2024

The Role of Brokers in Securing the Best Commercial Insurance Deals When it comes to safeguarding a business, securing the right commercial insurance is a crucial step. Amidst these myriad responsibilities, finding the time and expertise to secure the optimum insurance cover can be a challenge.

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Protect Commercial Insurance

DECEMBER 6, 2024

Introduction The world of commercial insurance is constantly evolving, adapting to meet the changing needs of businesses. As we inch closer to 2025, several trends are emerging that promise to reshape the landscape of business insurance.

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Property Insurance Centre

MARCH 21, 2025

This diversity in building age and structure affects insuranceolder buildings may face higher premiums due to maintenance risks, while newer developments may require higher coverage for cutting-edge amenities. Insurers view these uses as higher risk, which can lead to increased premiums or the need for specialist insurance policies.

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Property Insurance Centre

FEBRUARY 24, 2025

Get a Quote Insurance under one roof We are specialists in many types of insurance GET YOUR QUOTE GET YOUR QUOTE 1. The Financial Toll of a Liability Claim A lawsuit can lead to crippling legal expenses, compensation payouts, and increased insurance premiums.

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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. Many insurers require more detailed valuations and risk assessments due to the higher sums insured.

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Property Insurance Centre

JANUARY 30, 2025

We work closely with our Insurers to get the best rates and our experience and excellent relationships with them mean that we can provide cover for even the most difficult to place risks. We find the right policy to suit your needs and understand the risks that a property owner can face in the course of ownership.

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Property Insurance Centre

FEBRUARY 10, 2025

We work closely with our Insurers to get the best rates and our experience and excellent relationships with them mean that we can provide cover for even the most difficult to place risks. We find the right policy to suit your needs and understand the risks that a property owner can face in the course of ownership.

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Protect Commercial Insurance

FEBRUARY 10, 2022

Whilst we’re predominantly a commercial insurance broker, the new ruling affects our high-value household policies. Key changes The new rules have brought some key changes to the way General Insurance works: Equivalent policy premiums should not be higher for existing customers than for new customers. Premium reductions?

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Friendly Agent

SEPTEMBER 21, 2020

Deciding which product to sell On your way to becoming the full-fledged insurance agent, among the things you will have to do is to decide which products you will sell. You may find various types of personal insurance and commercial insurance policies. There are Property and Casualty, Life/health insurance, and more.

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Property Insurance Centre

JANUARY 27, 2025

We work closely with our Insurers to get the best rates and our experience and excellent relationships with them mean that we can provide cover for even the most difficult to place risks. We find the right policy to suit your needs and understand the risks that a property owner can face in the course of ownership.

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Protect Commercial Insurance

OCTOBER 11, 2024

As we face more frequent and intense extreme weather events, insurers are re-evaluating their policies to better manage these growing risks. Businesses now need to consider how climate change might impact their insurance premiums and coverage. However, the unprecedented nature of climate change has made past data less reliable.

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Shield Insurance Agency

AUGUST 20, 2024

Shield Insurance Blog | Small Insurance Claims | Contact Our Sales Team! Small Insurance Claims Can Raise Premiums Small insurance claims, such as those for minor property damage, may seem like a hassle to deal with. As a result, the insurance company may raise your premiums to offset the potential risk.

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Protect Commercial Insurance

OCTOBER 4, 2024

How Interest Rates Influence Insurance Costs Insurance premiums are sometimes indirectly influenced by interest rates. Here’s how: insurers rely on investment income to keep premiums competitive. When interest rates rise, the returns on these investments can increase, potentially affecting premium rates.

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Protect Commercial Insurance

JULY 26, 2024

Understanding these coverage needs will help you determine the types and amounts of insurance you require to adequately protect your tailoring business. Insurance premiums can vary significantly between providers, so it’s essential to compare quotes from multiple insurers.

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Protect Commercial Insurance

APRIL 4, 2025

Conversely, a combined insurance approach transforms these unpredictable variables into fixed costs, spread over the year in manageable premiums. Author: Matt Duffy The post How Rent Guarantee & Home Emergency Insurance Can Save Landlords Money first appeared on Protect Commercial Insurance.

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Distinguished

MARCH 20, 2025

Personal lines coverage : For owner-occupied properties with up to four units (where the owner lives in one of the units), we provide commercial insurance for the building along with optional personal coverages. Size : Buildings with more units or exposure types will cost more to insure.

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Jackson & Jackson

APRIL 29, 2024

Increase Your Deductible Increasing your deductible is one of the simplest ways to lower your insurance premiums. This means you will pay more out of pocket in case of a claim, but your monthly or annual insurance costs will be lower. However, taking specific protective measures against these risks can help reduce premiums.

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Frankenmuth Insurance

JULY 25, 2024

What factors affect my premiums? What specific factors are affecting my premium? Are there things I can do to lower my premium, like adding security cameras or implementing safety measures? If I use vehicles for my business, do I need commercial auto insurance? What happens if my business grows or changes?

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Triple-I: Workers Compensation

FEBRUARY 10, 2022

economy and is the second-largest line of commercial insurance, with $42 billion in premium annually. As part of its mission to foster a healthy workers compensation system, NCCI gathers data, analyzes industry trends, and provides objective insurance rate and loss cost recommendations.

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Property Insurance Centre

OCTOBER 18, 2024

The insurance industry has had to adjust premiums to reflect this growing risk. By mid-2024, the average cost of home insurance had risen by 19% compared to 2023, with flood-prone areas facing even steeper increases​ CityAM.

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Property Insurance Centre

NOVEMBER 11, 2024

These are just some of the excuses we hear of from the question of, “ Why can’t I get insurance ?” ” or can’t get the insurance you deserve for that matter – insurance with reasonable premiums and without unnecessary restrictions.

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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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Property Insurance Centre

JANUARY 4, 2024

Get a Quote Insurance under one roof We are specialists in many types of insurance GET YOUR QUOTE GET YOUR QUOTE Key Takeaways Consistent rate increases have been experienced in the property insurance market since 2017. Inflation drives up property valuations , construction costs , and insurance premiums.

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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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Jackson & Jackson

MAY 23, 2024

Factors such as the dense population, diverse industries, and varying geographical conditions contribute to the complexity of the insurance landscape. As a result, insurance premiums tend to be higher in California compared to other states. Start by conducting a detailed review of your business operations.

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Property Insurance Centre

DECEMBER 23, 2024

Insurers will not always insist on having all of these protections, however, it may reduce their risk and in turn reduce your premium. We work closely with our Insurers to get the best rates and our experience and excellent relationships with them mean that we can provide cover for even the most difficult to place risks.

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Property Insurance Centre

AUGUST 12, 2024

We work closely with our Insurers to get the best rates and our experience and excellent relationships with them mean that we can provide cover for even the most difficult to place risks. We find the right policy to suit your needs and understand the risks that a property owner can face in the course of ownership.

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Property Insurance Centre

JANUARY 16, 2025

Regional Variations and Challenges The availability and cost of flood insurance often depend on geographical risk factors. Areas with a history of flooding typically face higher premiums or reduced access to coverage. These tools consider: Flood Zones: Proximity to rivers, coasts, or floodplains.

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Protect Commercial Insurance

NOVEMBER 1, 2024

Cost Differences Moving on to cost, it’s essential to recognise that landlord insurance can be more expensive than standard home insurance. – Higher Premiums : Landlord insurance typically comes with higher premiums. This is due to the increased risk profile associated with rental properties.

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Shield Insurance Agency

APRIL 19, 2024

Broad form collision coverage may be a better option for those who want more comprehensive protection and are willing to pay a higher premium for it. Be sure to review your insurance policy and speak with your insurance agent to ensure you have the coverage that best suits your needs.

Auto Insurance 52

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Jackson & Jackson

APRIL 26, 2024

Properties in high-risk areas for earthquakes and wildfires may see higher premiums. Implementing safety measures such as modernizing electrical systems or installing sprinklers can help reduce insurance costs.

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Jackson & Jackson

APRIL 30, 2024

This article explores how various location-based factors affect commercial property insurance rates in California and offers insights for managing these costs effectively. Understanding Location-Based Risk Factors Location plays a pivotal role in determining insurance premiums for commercial properties.

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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. For example, you may be able to purchase legal expenses cover or rent guarantee insurance to protect your rental income. These can be added to your policy for an additional premium.

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Property Insurance Centre

SEPTEMBER 11, 2024

We work closely with our Insurers to get the best rates and our experience and excellent relationships with them mean that we can provide cover for even the most difficult to place risks. We find the right policy to suit your needs and understand the risks that a property owner can face in the course of ownership.

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Property Insurance Centre

JULY 21, 2024

We work closely with our Insurers to get the best rates and our experience and excellent relationships with them mean that we can provide cover for even the most difficult to place risks. We find the right policy to suit your needs and understand the risks that a property owner can face in the course of ownership.

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