Remove Damage Remove Financial Loss Remove Policy
article thumbnail

What Your Clients Must Know About Cyber Insurance War Exclusions

ProWriters

But these policies may not always offer the levels of protection purchasers think they do. Cyber Insurance war exclusions can leave businesses vulnerable to financial loss. The gray zone poses significant challenges for not only legal frameworks but also insurance policies.

Cyber 52
article thumbnail

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

Distinguished

From understanding local exposures to leveraging tailored package policies, youll gain the insider knowledge needed to win your clients trust and business. Over-serving of alcohol: Restaurants can face legal and financial fallout if the alleged over-serving of a patron leads to property damage or a car accident.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How a Liability Claim Can Ruin Your Business – And How to Protect Yourself

Property Insurance Centre

From financial losses to reputational damage, legal battles, and even the risk of shutting down, the impact can be severe. Damage to Reputation and Customer Trust A liability claim can do more than drain your financesit can destroy your reputation.

article thumbnail

Top 6 Insurance Policies Every IT Business in California Should Have

Jackson & Jackson

Ensuring your business has the right insurance policies is not just a smart decision—it’s essential for long-term success. Here are the top 6 insurance policies every IT business in California should have to safeguard their operations. This policy covers medical expenses and lost wages if an employee gets injured or sick while working.

article thumbnail

Can Both the Contractor and Property Owner Be Named Insureds on a Builder’s Risk Policy?

Distinguished

One common question is whether the contractor and the property owner can be named insureds on the same Builder’s Risk policy. The answer lies in both parties’ financial interest in the property and how that impacts the insurance policy’s structure. In this case, the owner is covered for the physical damage to the property (e.g.,

Policy 52
article thumbnail

How Climate Change is Shaping Insurance Policies for Commercial Properties

Protect Commercial Insurance

As we face more frequent and intense extreme weather events, insurers are re-evaluating their policies to better manage these growing risks. These impacts not only affect the day-to-day operations of companies but also play a crucial role in shaping the insurance policies designed to protect these properties.

article thumbnail

Protect Your Business: 5 Essential Insurance Policies You Might Be Overlooking

Protect Commercial Insurance

While you may have the basic insurance policies in place, such as property and general liability insurance, there are several other essential insurance policies that you might be overlooking. In this article, we will explore five often overlooked insurance policies that can provide valuable coverage for your business.