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The Importance of Accurate Valuation in Commercial Property Insurance

Bankers Insurance

THE IMPORTANCE OF ACCURATE VALUATION IN COMMERCIAL PROPERTY INSURANCE When purchasing or renewing commercial property insurance , it’s important for businesses to ensure their coverage includes correct property valuations. That’s where accurate insurance-to-value (ITV) calculations come into play.

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How to Reduce Your Commercial Property Insurance Costs: Tips and Strategies

Jackson & Jackson

Commercial property insurance is a significant expense for property investors and owners. This article outlines practical tips and strategies to help commercial property owners in California minimize their insurance expenses while maintaining adequate protection for their investments.

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

Jackson & Jackson

Investing in commercial property is a significant step for any entrepreneur or business entity. Insurance plays a pivotal role in safeguarding your property and your financial future. Here are five critical considerations you should keep in mind regarding insurance when buying or investing in commercial property.

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Understanding Multi-Family Property Insurance in California.

Jackson & Jackson

Multi-unit commercial properties in California offer investors the potential for significant returns. Investors must understand the importance of securing comprehensive commercial property insurance coverage to protect their investments. It covers property damage, loss of income, liability claims, etc.

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Top 5 Mistakes Property Investors Make with Insurance – And How to Avoid Them

Jackson & Jackson

This article outlines the top five mistakes property investors make with insurance and provides practical tips on avoiding them, ensuring your investments are adequately protected. Mistake 1: Underinsuring Their Properties One of the most common mistakes investors make is underinsuring their properties.

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Top Building Insurance Pitfalls To Trigger F.O.M.O.

Property Insurance Centre

Insure your building at the amount that it will cost to rebuild it and not at the current market value when securing block of flats insurance. This will afford you adequate insurance cover to meet all the costs of rebuilding in case of total destruction. – Not considering inflation. – Ignoring exclusions.