Distinguished

AUGUST 26, 2024

Under-construction buildings can be prone to fire, vandalism, and theft, which can end up costing their backers and owners millions. Distinguished’s Builder’s Risk Program covers all kinds of buildings in Michigan, including single-family homes , mixed-use buildings , and commercial properties.

Risk 52

Risk Broker-Agent Insured Insurer 52

Property Insurance Centre

AUGUST 28, 2024

Some insurers may give cover to the likes of a Convenience Store for example, but will remove theft cover or malicious damage cover, without an adequate alarm system in place. This approach applies to all customers who hold Property Insurance Centre Commercial Policies.

Insurer 52

Insurer Insured Insurance Property Insurance 52

Property Insurance Centre

AUGUST 8, 2024

What happens when the unoccupied property becomes empty again? Essentially, the cover you lost will re re-applied to your office buildings policy – such as theft or malicious damage for example will no longer be excluded. Your wallet won’t feel as light either, as your will be a given pro-rata refund on the extra you have had to pay.

Insurer 52

Insurer Insured Insurance Premium 52

Distinguished

SEPTEMBER 10, 2024

This includes projects that involve: Betterments Renovations New Construction We also insure a variety of building types, including single-family homes , mixed-use buildings , and commercial properties. Our program also offers your clients general liability insurance, which can help cover legal costs that can occur on work sites. 

Risk 52

Risk General Liability Broker-Agent Insurer 52

Property Insurance Centre

MAY 20, 2024

However, block of flats insurance is classed as commercial property , and Terrorism cover is often excluded. The residential property management team should carefully consider whether the terrorism cover is necessary, which may be determined by the lease terms, mortgage company requirements, or the property’s location.

Building 52

Building Liability Insurer Insured 52

Property Insurance Centre

SEPTEMBER 25, 2024

Building insurance typically covers damage caused by a range of perils, including fire, theft, vandalism, and natural disasters. Another requirement may be the installation of a security system, such as alarms and deadbolts, to deter theft and break-ins. What is Covered? Q: What does building insurance coverage typically include?

Building 52

Building Insurer Insured Insurance 52

Property Insurance Centre

JANUARY 30, 2024

This includes providing details about any unoccupied flats, as they may pose higher risks due to increased vulnerability to theft, vandalism, or damage. For example, unoccupied flats are considered to be higher risk, as they may be more susceptible to certain perils such as vandalism or theft.

Insured 52

Insured Insurer Insurance Building 52