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Insurance for Apartment Building Owners: Protecting Your Client’s Investments With the Right Coverage

Distinguished

It also shows that being aware of any separate deductibles for wind or hail is an important part of assessing your clients coverage options. General liability : Covers the costs of fighting litigation plus covered damages that might come from it. What Does Distinguisheds Insurance for Apartment Building Owners Cover?

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What is Subrogation and How Does it Work?

Bankers Insurance

This concept is typically applied in automobile insurance, both personal and business, and is also found in property, general liability, and worker’s compensation insurance. After this, your carrier has the right to seek compensation from the insurance carrier of the at-fault party. HOW LONG DOES SUBROGATION TAKE?

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5 Best Practices for Effective Claims Reviews

Risk Management Monitor

For instance, frequent third-party claims for premises liability may have led to restrictions on Med Pay coverage or a higher deductible to give the customer a bigger stake in safety measures. As a result, within about two years, the program cut the manufacturer’s workers compensation loss ratio roughly in half.

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How To Save Money On Your Commercial Insurance

Protect Commercial Insurance

Liability Insurance: Covers your business in case of lawsuits due to injuries or damages caused as a result of business operations. – Workers’ Compensation Insurance: Mandatory in most places, it covers medical expenses and lost wages for employees who get injured on the job.

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Cannabis Industry Prospects Brighten;Risks, Challenges Remain

Triple-I: Workers Compensation

The Small Business Tax Equity Act would provide an exception into the Internal Revenue Code to let cannabis operators – as long as they’re in compliance with state laws – make the same deductions as any other business. Does workers compensation cover a workplace accident in which the injured employee tested positive for marijuana?

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What are the most important questions to ask when choosing business insurance?

Protect Commercial Insurance

– Potential deductibles and what’s financially viable if you need to make a claim. Familiarising yourself with the various types can help you craft the most effective insurance package: – General Liability Insurance : Covers third-party bodily injury, property damage, and advertising injuries.

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E&O vs. EPLI: What Coverage Do Your Clients Need?

ProWriters

Coverage limits, deductibles, and other policy terms can be adjusted to align with the company’s nature and size. EPLI coverage isn’t limited to full-time employees. It can also cover temporary workers, contractors, and even former employees.