Remove Damage Remove General Liability Remove Liability Insurance
article thumbnail

What is LRO Insurance?

Central Insurance

LRO insurance provides comprehensive protection against commercial property damage, liability claims, and income loss. In this article, we explore the key differences between LRO and general liability insurance and why commercial landlords need to have this coverage. The post What is LRO Insurance?

article thumbnail

Beyond Coverage: Understanding the Limitations of Cyber Liability Insurance for California’s Tech Companies

Jackson & Jackson

In California’s vibrant technology sector, understanding the scope of your Cyber Liability Insurance and Data Breach Coverage is as crucial as having the coverage itself. Property Damage : Traditional cyber policies typically don’t cover physical damage caused by cyber events.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Yes, Cyber Insurance Is Expensive, but It’s Also Essential

Corvus

General liability insurance is the most regularly purchased insurance policy among small businesses. But the financial and reputational repercussions from cyberattacks are just as real as property damage, and hurt businesses of all sizes. That’s why cyber is tricky.

Cyber 40
article thumbnail

When to Consider Commercial Umbrella Insurance

Mark Jackson Insurance Agency

Business meeting at a conference table by Fauxels In the complex world of business operations, unforeseen events can lead to liabilities that exceed the limits of your existing insurance policies.

article thumbnail

Maximise Your Business Growth: 4 Essential Tips to Secure Your Commercial Tailors Insurance

Protect Commercial Insurance

Here are a few key areas to consider: Property Insurance Your tailoring business likely has valuable equipment, such as sewing machines, cutting tables, and fabric inventory. Property insurance can protect these assets from damage or loss due to fire, theft, or other covered perils.

article thumbnail

Emerging Property Insurance Trends 2024

Property Insurance Centre

Weather Conditions and Natural Disasters Since 1980, there have been 360 weather- and climate-related natural catastrophes , resulting in damages and costs of over $2.57 Unpredictable weather events and the rise in natural catastrophes pose significant challenges for the property insurance industry.

article thumbnail

E&O vs. EPLI: What Coverage Do Your Clients Need?

ProWriters

E&O is a subset of Professional Liability Insurance. E&O typically covers claims related to professional services resulting in financial harm to a client, while Professional Liability covers a wider range of claims, such as bodily injury or property damage.