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Restaurant Insurance in Charlotte, North Carolina: A Broker’s Guide

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Slip-and-fall incidents: High foot traffic in dining areas and restrooms increases the risk of customer or employee injuries, which can lead to costly liability claims. Theft or vandalism: Restaurants can be common sites of burglary or vandalism, which can not only turn off customers but also lead to pricey repair bills.

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

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For example, a resident suffered severe injuries a fractured tibia and fibula after slipping on black ice while walking to her car. Crime insurance : Protects against financial losses caused by theft, burglary, or employee dishonesty, covering stolen money, securities, or property.

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How To Save Money On Your Commercial Insurance

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It provides protection against a plethora of risks, including property damage, liability claims, theft, and even employee injuries. – Liability Insurance: Covers your business in case of lawsuits due to injuries or damages caused as a result of business operations.

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Builder’s Risk Insurance in Alabama: A Broker’s Guide 

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This includes damages that arise from: Fires Theft Vandalism Weather events We are also proud to offer coverages beyond property damage for buildings, temporary structures, and building materials. Our program also offers your clients general liability insurance, which can help cover legal costs that can occur on work sites. 

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Block of Flats Insurance Glossary of Terms

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If it fails in this duty of care , it could be held legally liable for any injury to that person (or damage to their property), resulting in costs and damages being awarded against it. Location : Geographic location impacts risk assessment for natural disasters, crime rates, and other hazards.

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Inflation Considerations for Risk Managers and Insurance Buyers

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In other lines of business, as inflation continues to rise and products become harder to get, we can expect to see increased crime activity, with higher value attributed to stolen goods due to shortages and inflation encouraging more employee theft.

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