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

Distinguished

Apartment buildings present unique insurance challenges because of their dense living arrangements, high occupancy turnover, and shared spaces. These incidents can lead to lawsuits costing thousands of dollars in legal fees, not to mention potential damages if your client is found liable.

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Top Reasons Your Home Insurance Premium Might Increase [2024]

TGS

TGS Insurance » Blog Top Reasons Your Home Insurance Premium Might Increase [2024] Owning a home is often a dream come true, but when that dreaded notice arrives in the mail—informing you that your home insurance premium has gone up—it can feel more like a nightmare.

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Buying Blocks of Flats Insurance in London: Key Risks and Costs

Property Insurance Centre

” Plus, of course, the issue of home insurance and block of flats insurance costs, which in the UK increased by 21% year-on-year between July and September 2024, according to a report from Compare the Market. Some insurers might impose higher excesses or refuse coverage in high-risk flood zones.

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Affordable Home Safety Improvements to Lower Your Insurance Premiums

TGS

Let’s dive into some budget-friendly safety upgrades that can help you save money while giving your home insurance provider fewer reasons to worry. Why Home Safety Affects Insurance Premiums Insurance companies calculate premiums based on risk. Insider Tip: Some states offer rebates for stormproofing your home.

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Landlord’s Insurance for Beginners

Cover4LetProperty

Buy to let insurance is a specialised type of insurance that covers the unique risks faced by landlords. While it shares some similarities with standard home insurance, it includes additional protection tailored to rental properties and tenants. What does landlord insurance cover?

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10 Factors That Affect Homeowners Insurance Premiums in Florida

TGS

Location, Location, Location Where your home is located has a huge impact on your premium. Coastal homes in Florida, for example, face higher premiums due to the increased risk of hurricanes, flooding, and wind damage. Conversely, homes further inland or in areas with lower crime rates often benefit from lower insurance costs.

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How to Thrive as a Residential Landlord: Top Strategies and Tips

Property Insurance Centre

3 By only choosing trustworthy tenants, the chances of problems like late rent or damage decrease. 3 The FTC says it’s fair to refuse a rental applicant based on low income, credit scores, eviction or crime history. It stops big damage and saves money on repairs later. Picking good tenants is crucial.