Remove Crime Remove Inland Marine Remove Premium
article thumbnail

A Comprehensive Guide to Understanding Commercial Property Insurance

Protect Commercial Insurance

Inland Marine Insurance : Valuable for businesses frequently moving goods and equipment across locations. Does the local crime rate affect security? – Specialisation : Some insurers specialise in certain industries, which could offer you tailored coverages and possibly better premiums.

article thumbnail

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

Distinguished

Crime insurance : Protects against financial losses caused by theft, burglary, or employee dishonesty, covering stolen money, securities, or property. These include $1 million in personal liability, coverage for personal contents, inland marine for scheduled valuables, and additional living expenses.

article thumbnail

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

Distinguished

However, every project is different, so underwriters will determine the final cost of a policy based on the following factors: Location : Construction sites near bodies of water, in higher crime areas, or that include some other unique risk factor would increase the cost of the policy.

Risk 52