TGS

NOVEMBER 18, 2024

This is in stark contrast to at-fault states, where the driver who caused the accident (or their insurance) is typically responsible for covering damages. In a no-fault state like Florida, every driver is required to carry Personal Injury Protection (PIP) coverage. Why Do No-Fault States Exist? What Happens in Serious Accidents?

Auto Insurance 52

Auto Insurance Injury Damage Property Damage 52

Jackson & Jackson

JANUARY 10, 2024

Property Damage : Traditional cyber policies typically don’t cover physical damage caused by cyber events. General Liability Insurance: to help cover claims your business caused property damage or bodily injury. This can be a critical gap for tech companies with significant physical assets.

Liability Insurance 52

Liability Insurance Cyber Liability Property Damage 52

Jackson & Jackson

APRIL 26, 2024

It provides coverage for physical damage to your property and any loss of income due to business interruption. Key Coverages for California Property Investors Property Damage : Covers damage to your buildings and contents caused by fire, theft, vandalism, and natural disasters.

Commercial Property 52

Commercial Property Property Insurance Commercial Business Interruption 52

Risk Management Monitor

DECEMBER 17, 2021

Myers, AccuWeather founder and CEO, estimated that the tornadoes are expected to cost about $18 billion in total damage and economic loss. Over 100 workers were trapped inside the building after the next tornado leveled it. Another tornado struck an Amazon warehouse in Edwardsville, Illinois, killing six people and injuring another.

Damage 79

Damage Building Property Damage Risk 79

Maritime Insurance International

JUNE 5, 2020

Most home insurance policies offer two main types of coverage: property damage and personal liability. This type of coverage can cover things like legal costs and medical expenses related to the injury. In those cases, however, the policy will usually only cover property damage to your boat while it is on your property.

Property Damage 40

Property Damage Damage Insurance Policy Home Insurance 40

Protect Commercial Insurance

MAY 30, 2024

In this article, we will explore different types of insurance coverage that can help safeguard your business from property damage, liability claims, cyber threats, and more. It provides financial compensation to repair or replace damaged property, ensuring that your business can quickly recover from unexpected events.

Cyber 52

Cyber Business Insurance Business Interruption Professional Liability Insurance 52

Protect Commercial Insurance

SEPTEMBER 20, 2024

It covers you against claims of property damage, personal injury, or negligence. This type of insurance is designed to cover you if a member of the public suffers an injury or their property is damaged because of your business activities. Here’s how you can make an informed decision.

Liability Insurance 52

Liability Insurance Liability Property Damage Insurer 52

TGS

NOVEMBER 1, 2024

Immediately after the accident, check yourself and your passengers for injuries. It’s also important to remember that injuries aren’t always obvious right away—adrenaline can mask pain, so be cautious even if you feel okay at first. Avoid standing in the middle of the road or putting yourself in harm’s way while assessing the damage.

Injury 52

Injury Home Insurance Claim Damage 52

TGS

JANUARY 6, 2025

Under the updated law, North Carolina drivers will now be required to carry the following minimum liability insurance limits: $50,000 for bodily injury per person (up from $30,000) $100,000 for bodily injury per accident (up from $60,000) $50,000 for property damage (up from $25,000) These increases aim to reflect the rising costs of medical care and (..)

Auto Insurance 52

Auto Insurance Insurer Insured Insurance 52

Paragon Independent Insurance Agencies

MAY 27, 2024

These events may include property damage, liability claims from work-related injuries, break-ins, or business interruption. Protection of Business Property Commercial insurance protects all business property, including buildings on the land, equipment in the yard, inventory, and other assets owned by the company.

Commercial Insurance 40

Commercial Insurance Commercial Protection Business Interruption 40

Mark Jackson Insurance Agency

NOVEMBER 22, 2024

While your business may only operate for part of the year, risks like property damage, liability claims, or equipment theft don’t follow a calendar. If you rely on expensive equipment, such as snowplows, food trucks, or heavy machinery, comprehensive coverage that protects against damage and theft is crucial year-round.

Business Interruption 52

Business Interruption Theft Liability Commercial Property 52

American Agents Alliance

AUGUST 22, 2024

The legislation, effective January 1, 2025, will increase the current minimum of $15,000 per claimant and $30,000 per occurrence for bodily injury, and $5,000 for property damage (15/30/5), to $30,000 per claimant, $60,000 per occurrence for bodily injury, and $15,000 for property damage (30/60/15).

Auto Insurance 40

Auto Insurance Agents Broker-Agent Property Damage 40

Cover4LetProperty

JANUARY 29, 2024

At its simplest, therefore, a home is a home, whilst let property is a business asset. Essentially, insurance is about risk and a calculation of the probability of loss or damage being suffered by the insured item or items.

Home Insurance 52

Home Insurance Insurer Insured Insurance 52

Protect Commercial Insurance

NOVEMBER 1, 2024

Unlike standard home insurance, which is tailored for owner-occupied homes, landlord insurance is crafted to address risks associated with renting out your property. Its primary purpose is to protect landlords from financial loss stemming from tenant-related incidents, property damage, and other rental-specific risks.

Home Insurance 52

Home Insurance Out-Of-Pocket Insurer Insured 52

ProWriters

APRIL 3, 2024

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.

Liability 52

Liability Cyber Property Damage Claim 52

Freeway Insurance

JANUARY 3, 2025

On January 1, 2025, California raised its minimum liability insurance requirements, nearly doubling the mandatory coverage for bodily injury and property damage. Climate-Related Risks : California is prone to wildfires, floods, and other natural disasters, which can cause significant damage to vehicles. 1, 2025 is here.

Auto Insurance 52

Auto Insurance Premium Liability Insurer 52

Bankers Insurance

MAY 16, 2024

Additionally, more and more people live in wildland-urban interfaces, where homes can be particularly vulnerable to severe weather damage. As insurance companies leave certain markets or refuse to issue policies to certain properties, homeowners may be forced to seek more expensive options, such as state-supported insurers.

Home Insurance 52

Home Insurance Policyholder Insurer Insured 52

Distinguished

SEPTEMBER 25, 2024

Vandalism : Intentional damage to the job site by third parties, including things like broken glass or graffiti. Property damage : Damages to the building that is being constructed or renovated. Equipment : Covers damages to or theft of equipment used on the job site.

Risk 52

Risk Broker-Agent Insured Insurer 52

Jackson & Jackson

NOVEMBER 16, 2024

If a client trips over cables during a meeting at your office or your equipment damages their property, General Liability Insurance provides coverage. This policy covers damages or injuries caused by your company vehicles, as well as protection against theft, vandalism, and accidents.

Insurance Policy 52

Insurance Policy Policy General Liability Workers Compensation Insurance 52

Scott Insurance

JANUARY 28, 2022

Environmental / Pollution Environmental/pollution policies are available in the market and can contemplate both the first party (property) and third party (general liability – bodily injury/property damage) mold exposure.

General Liability 52

General Liability Deductible Liability Property Damage 52

Hunton Andrews Kurth

JULY 20, 2023

Background In 2015, a Listeria outbreak caused bodily injury to a number of Blue Bell’s customers, resulted in a nationwide recall of Blue Bell products, and triggered the share price of Blue Bell’s stock to drop. That failure led to the contamination, the bodily injury, and, ultimately, the economic impact.

Commercial General Liability 40

Commercial General Liability General Liability Injury Property Damage 40

Protect Commercial Insurance

MAY 24, 2024

General Liability Insurance General liability insurance is a fundamental policy that covers your business against claims of bodily injury, property damage, and personal injury. In this article, we will explore five often overlooked insurance policies that can provide valuable coverage for your business.

Insurance Policy 52

Insurance Policy Protection Policy Business Interruption 52

Scott Insurance

FEBRUARY 10, 2023

Development projects come with significant inherent risk and, unfortunately, you can be sued for bodily injury or property damage during and after construction even if you are not responsible. Is Being Listed as an Additional Insured on your General Contractor’s Policy Enough?

Liability 52

Liability Property Damage Risk Policy 52

Distinguished

SEPTEMBER 10, 2024

Our Builder’s Risk program is a comprehensive insurance solution that covers under-construction properties and their works sites against all the most common risk factors. Our program also offers your clients general liability insurance, which can help cover legal costs that can occur on work sites. 

Risk 52

Risk General Liability Broker-Agent Insurer 52

TGS

DECEMBER 2, 2024

To comply with state law, you need to carry at least the following coverage: Personal Injury Protection (PIP) : $10,000 minimum to cover medical expenses for you and your passengers. Property Damage Liability (PDL): $10,000 minimum to cover damage you cause to another person’s property.

Auto Insurance 52

Auto Insurance License Insurer Insured 52

TGS

OCTOBER 10, 2023

Classic car insurance starts with the minimum liability requirements established by your state (for both property damage and bodily injury ). Some great examples are uninsured/ underinsured motorist coverage and medical payments/ personal injury protection coverage.

Auto Insurance 52

Auto Insurance Insured Insurer Insurance 52

Cover4LetProperty

JANUARY 2, 2024

The appropriate cover, therefore, is the insurance that delivers the protection demanded by your individual circumstances as a landlord – at a competitively rated price: Building insurance central to your buy to let business, of course, is the property itself; this needs to reflect a worst case scenario in which the building is completely destroyed, (..)

Liability 52

Liability Damage Home Insurance Property Damage 52

Maritime Insurance International

MARCH 3, 2020

A boat insurance policy could offer you coverage for the following: Property Damage. An accident resulting in damage to or loss of your own boat or someone else’s property can be covered. Bodily Injury. Boating accidents can lead to significant injury for you, your passengers, or others. Uninsured Boaters.

Insurer 40

Insurer Insured Insurance Premium 40

Protect Commercial Insurance

NOVEMBER 22, 2024

Without insurance, your business could face catastrophic financial loss from property damage, theft, or a lawsuit. Some protect against property damage, while others focus more on liability issues. This includes injuries to third parties or damage to their property.

Commercial Insurance 52

Commercial Insurance Commercial Cyber Liability 52

Cover4LetProperty

DECEMBER 1, 2023

Landlord insurance: Addresses specific risks associated with renting, such as tenant damage to the property. Tenant-related issues Home insurance: Typically does not address issues related to tenants, as it is not designed for rental situations. How can I be sure I have the correct type of insurance?

Home Insurance 52

Home Insurance Insurer Insured Insurance 52

Protect Commercial Insurance

OCTOBER 25, 2024

Familiarising yourself with the various types can help you craft the most effective insurance package: – General Liability Insurance : Covers third-party bodily injury, property damage, and advertising injuries. – Property Insurance : Protects physical assets from perils like fire, theft, and vandalism.

Business Insurance 52

Business Insurance Liability Insurance Liability Policy 52

Protect Commercial Insurance

NOVEMBER 8, 2024

It provides protection against a plethora of risks, including property damage, liability claims, theft, and even employee injuries. – Liability Insurance: Covers your business in case of lawsuits due to injuries or damages caused as a result of business operations.

Commercial Insurance 52

Commercial Insurance Commercial Premium Deductible 52

Cover4LetProperty

AUGUST 23, 2022

If you’re looking for buy to let insurance, you’ll need to ensure that your property and the business in which it plays its part are fully covered along the following lines: Buildings insurance the risks to the structure and fabric of the building itself are many and varied; typically, landlord insurance covers risks such as fire, flooding, storm damage, (..)

Insurer 40

Insurer Insured Insurance Property Insurance 40

Cover4LetProperty

NOVEMBER 3, 2024

An equally important component of landlord insurance is public liability indemnity – protection against the potentially very costly claims made by tenants, their visitors or members of the public who may have suffered injury or had their property damaged because of the landlord’s breach of his duty of care.

Insured 40

Insured Insurer Insurance Home Insurance 40

Protect Commercial Insurance

JULY 26, 2024

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.

Commercial 52

Commercial Insurance Broker General Liability Business Interruption 52

Maritime Insurance International

JUNE 5, 2020

When buying boat insurance, you will have the opportunity to select your coverage options. Here’s what you need to know.

Insurance Policy 40

Insurance Policy Insurer Insured Insurance 40

TGS

OCTOBER 3, 2023

If you suffer from losses or damages beyond those limits, you will be responsible for paying the rest out of pocket. Coverage: Section II When someone is injured or suffers damage to their belongings while on your property, you are responsible for paying for their financial losses.

Insurance Quotes 52

Insurance Quotes Deductible Home Insurance Out-Of-Pocket 52