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Automatic Fire Alarms in Commercial Properties New Rules 2024

Property Insurance Centre

Automatic Fire Alarms in Commercial Properties New Rules 2024 As of October 2024 the London Fire Brigade will cease to attend alarms at commercial properties between the hours of 7am & 8:30 pm. It has been found that 99% of alarms at commercial properties are, in fact, false alarms and take up significant resources.

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Is terrorism covered under an Australian home and contents policy?

Prof. Allan Manning

Last week I posted an article in regard to terrorism coverage under commercial property, and/or business interruption policies. I also touched on commercial liability coverage. At the request of quite a few readers, I now turn my attention to home and contents.

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Understanding Commercial Flood Insurance in the United Kingdom

Property Insurance Centre

Understanding Commercial Flood Insurance in the United Kingdom Flooding has become an increasingly significant risk for businesses across the United Kingdom as climate change intensifies weather extremes. million properties at risk, according to the Environment Agency.

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Types of landlord insurance

Cover4LetProperty

They can range from individual property owners to those who own multiple rental properties as part of their investment portfolio. Corporate landlords: These are companies or organisations that own and manage rental properties on a larger scale. They may own residential properties, commercial properties, or a combination of both.

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Can I Insure a Partially Empty Block of Flats in the UK?

Property Insurance Centre

Empty properties pose higher risks, including: Security concerns Unoccupied units are more vulnerable to vandalism, break-ins, and squatting. Fire risks An unoccupied space can become a target for arson or suffer unnoticed electrical faults. Regular inspections Some insurers require vacant units to be checked every 714 days.

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Emerging Property Insurance Trends 2024

Property Insurance Centre

. “The increasing frequency and severity of weather events have made it imperative for insurers to reassess their risk models and coverage options,” says weather expert Dr. Emma Thompson. Insurers are investing in advanced technology and data analytics to improve risk assessment and underwriting processes.

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Do I have the right lock for my insurance?

Property Insurance Centre

Do I have the right lock for my insurance ? Being a Commercial Property Owner or Business Owner you will be aware there will be certain conditions within your insurance policy with regard to the Security at the premises. What this lock simply does, is improve the physical security of your property straight away.