Remove Commercial Property Remove Cyber Remove Insurance Claim
article thumbnail

A Comprehensive Guide to Understanding Commercial Property Insurance

Protect Commercial Insurance

Navigating the world of insurance can feel overwhelming, especially when it comes to understanding commercial property insurance. This friendly guide will walk you through the essentials of commercial property insurance, helping you protect your business premises and assets with confidence.

article thumbnail

The Insights You Need for A Strong Finish to 2024

Zywave

Social Inflation & Nuclear Verdicts Jury verdicts exceeding $10 million, also known as nuclear verdicts, have been plaguing several industries including the commercial auto market. These nuclear verdicts often are seen as a result of social inflation, which refers to the rising cost of insurance claims influenced by societal trends.

article thumbnail

Common Myths About Commercial Insurance Debunked

Protect Commercial Insurance

Myth 4: “Insurance Covers All Types of Business Losses” Limitations of Coverage While it would be lovely if insurance covered absolutely everything, that’s not quite the case. For instance, standard commercial insurance might cover damages from a fire, but do you have coverage for theft or cyber-attacks?