Distinguished

FEBRUARY 24, 2025

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.

Liability 52

Liability Liability Insurance Insured Insurance 52

Distinguished

MARCH 20, 2025

Unlike single-family homes, apartment complexes face heightened risks damage from one unit can quickly spread to others, liability claims can stem from common areas, and evolving building codes can demand costly upgrades. General liability : Covers the costs of fighting litigation plus covered damages that might come from it.

Building 52

Building Protection Damage Liability 52

Protect Commercial Insurance

APRIL 11, 2025

This type of policy covers a wide array of potential hazards, including fire, theft, vandalism, and certain natural disasters. – Environmental Liability Coverage : Particularly useful for businesses dealing with hazardous materials, covering clean-up costs from damage caused by pollution.

Commercial Property 52

Commercial Property Property Insurance Commercial Insurance 52

Property Insurance Centre

MARCH 11, 2025

Higher Crime Rates and Security Concerns London experiences more burglary, vandalism, and theft claims compared to rural or suburban areas. Increased Flooding and Climate Risk Parts of London, particularly areas near the Thames, are at a higher risk of surface water flooding due to urbanisation and outdated drainage systems.

Risk 52

Risk Insured Insurance Insurer 52

Triple-I: Business Insurance

APRIL 4, 2024

Cyber incidents reported to the FBI’s Internet Crime Complaint Center (IC3) in 2023 totaled 880,418. The 2023 Data Breach Report from Identity Theft Resource Center (ITRC) reveals that last year delivered a bumper crop of cybersecurity failures – 3,205 publicly reported data compromises, impacting an estimated 353,027,892 individuals.

Financial Loss 52

Financial Loss Cyber Crime Risk 52

Property Insurance Centre

MAY 20, 2024

Employers’ Liability Insurance Employers’ Liability Insurance protects the insured against claims made by an employee who is injured during the course of carrying out their work for the employer. Location : Geographic location impacts risk assessment for natural disasters, crime rates, and other hazards.

Building 52

Building Liability Insured Insurance 52

TGS

OCTOBER 3, 2024

Conversely, homes further inland or in areas with lower crime rates often benefit from lower insurance costs. These features reduce the risk of significant damage or theft, meaning less risk for the insurance company. This is because some dog breeds are statistically more likely to be involved in liability claims.

Premium 52

Premium Deductible Out-Of-Pocket Insurance 52