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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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What is LRO Insurance?

Central Insurance

LRO insurance provides comprehensive protection against commercial property damage, liability claims, and income loss. In this article, we explore the key differences between LRO and general liability insurance and why commercial landlords need to have this coverage. The post What is LRO Insurance?

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Emerging Property Insurance Trends 2024

Property Insurance Centre

For instance: Residential properties: Homeowners may experience higher rebuild costs due to increased prices of building materials, such as lumber and roofing materials. Commercial properties: Business owners may face higher repair costs for their establishments, particularly if specialized equipment or materials are required.

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How the Climate Crisis is Impacting the UK Property Insurance Market

Property Insurance Centre

For more detailed insights, refer to the Association of British Insurers and Imperial College London’s Grantham Institute. 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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Blog Post: Commercial Property Owners: Plan Ahead and Prepare for Emergencies!

LexisNexis

A disaster management and emergency response plan is essential for commercial real property owners, landlords, managers, and governing bodies. Commercial Property and Liability Insurance Dive into this practice note for an overview of commercial property insurance and commercial general liability (CGL) insurance.

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Our Claims Partner, Aspray, Wins Loss Assessor of the Year 2024

Property Insurance Centre

We find the right policy to suit your needs and understand the risks that a property owner can face in the course of ownership. Aspray’s exemplary performance serves as an inspiration, showcasing the impact of dedication, expertise, and a client-centric approach in achieving excellence in loss assessment and claims management.

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Freehold Block of Flats Insurance: Top Cover Tips

Property Insurance Centre

Discussing these details with the insurer will help ensure that the coverage adequately meets the needs of the property and its occupants. In addition to buildings insurance, block of flats insurance may also include other covers, such as public liability insurance and landlord home emergency cover.