Scott Insurance

OCTOBER 28, 2020

Many insurance carriers use third-party crime scores to evaluate their exposure to criminal risk when underwriting general liability insurance policies. Thus, affordable housing providers are highly likely to experience a loss of coverage or relatively high insurance premiums.

Crime 52

Crime Insurance Carrier Risk General Liability 52

Majesco

MARCH 27, 2025

When she recently realized that her premiums for both vehicles were nearly identical (and they had both gone up), she called her insurance agent. The potential premium savings are worth the data sharing. Both generational groups are experiencing related tipping points, however, due to the effect of inflation on insurance premiums.

Auto Insurance 52

Auto Insurance Insured Insurance Insurer 52

Distinguished

FEBRUARY 24, 2025

When determining the price of a policy, our underwriters will look at factors such as the restaurants size, location, type of services offered, and additional coverage needs. Location risks: Areas with higher crime rates or increased foot traffic face higher premiums.

Liability 52

Liability Liability Insurance Insured Insurance 52

Distinguished

MARCH 20, 2025

Crime insurance : Protects against financial losses caused by theft, burglary, or employee dishonesty, covering stolen money, securities, or property. TIV (total insurable value): Higher replacement costs for the building and covered property directly increase the premium. We prioritize human insights over automation.

Building 52

Building Protection Damage Liability 52

Scott Insurance

FEBRUARY 27, 2024

The Hardening Property Insurance Market Since 2017, the property insurance market has been hardening, resulting in lower available limits, higher deductibles and increased premiums. Uneven investment profits causing insurers to pursue underwriting profit, which translates to stricter underwriting criteria and declined submissions.

Deductible 52

Deductible Underwriter Underwriting Property Insurance 52

Freeway Insurance

OCTOBER 26, 2023

Insurance companies take into account things like traffic, crime, frequency of accidents and even the weather. So if you live in a city with a lot of traffic or in an area with more crime, your insurance may cost more than if you live in a quieter, safer place. What Other Factors Determine What I’ll Pay for Auto Insurance?

Crime 52

Crime Auto Insurance Insured Insurance 52

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 Insured 52