Protect Commercial Insurance

NOVEMBER 8, 2024

By understanding your policy needs, shopping around, and exploring available discounts, you can effectively manage insurance premiums and keep your business financially secure. However, commercial insurance premiums can sometimes strain your business finances if not managed wisely.

Commercial Insurance 52

Commercial Insurance Commercial Premium Deductible 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. Email compromise, cryptocurrency fraud, and ransomware increase In addition to record-high financial losses from cybercrimes overall in 2023, the report revealed trends across crime methodology and targets. billion in 2022 to $3.94

Financial Loss 52

Financial Loss Cyber Crime Risk 52

Scott Insurance

NOVEMBER 9, 2021

Read the full paper here The post Affordable Housing’s Growing Insurance Problem appeared first on Scott Insurance.

Crime 52

Crime Insurer Insured Insurance 52

Cover4LetProperty

OCTOBER 1, 2024

Properties in areas with higher crime rates or those prone to flooding may have higher premiums. Additionally, the type of tenants you rent to can impact the cost—renting to students or tenants on housing benefits, for example, might result in higher premiums as some insurers may view these as higher-risk groups.

Insurer 60

Insurer Insured Insurance Injury 60

Distinguished

SEPTEMBER 10, 2024

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

Risk General Liability Broker-Agent Insurer 52

Risk Management Monitor

DECEMBER 20, 2022

Claimant fraud and premium fraud are two of the most well-known types of workers compensation fraud. In these cases, a worker may intentionally fake an injury (claimant fraud) or a business owner may misrepresent their employee headcount or incorrectly classify employees to obtain lower insurance premiums.

Workers Comp 40

Workers Comp Workers Compensation Compensation Claim 40

Property Insurance Centre

JULY 30, 2024

3 The FTC says it’s fair to refuse a rental applicant based on low income, credit scores, eviction or crime history. These questions cover employment, pets, smoking, and past offences. 3 If you turn someone down because of their check results, you need to send them a letter. This letter should explain how they can challenge the report.

Building 52

Building Property Insurance Policy Commercial 52

Risk Management Monitor

OCTOBER 25, 2022

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.

Risk 40

Risk Business Interruption Insurer Insured 40

Property Insurance Centre

MAY 20, 2024

lawns, trees, plants) Movable items within the building (these may be covered under contents insurance) Maintenance and cleaning services Considerations for Insurance Coverage Usage : The purpose for which the building is used (residential, commercial, industrial) can affect the insurance terms and premiums.

Building 52

Building Liability Insurer Insured 52