Distinguished

MARCH 17, 2025

In New York City, housing code violations challenge property owners, tenants, and insurance brokers alike. We speak with Katie Vespia, President of Distinguisheds Real Estate program , about common NYC violations, their fines, resolution processes, and the impact on insurance coverage.

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Distinguished

FEBRUARY 24, 2025

However, for insurance brokers, the wide spectrum of restaurants represents both a challenge and an opportunity. With thousands of restaurants in Charlotte and across North Carolina, the need for comprehensive insurance coverage is vital.

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Liability Liability Insurance Insurer Insurance 52

Protect Commercial Insurance

JULY 26, 2024

In this article, we will provide you with four essential tips to help you understand your coverage needs, find the best rates, review and update your policy regularly, and work with an experienced insurance broker. Property insurance can protect these assets from damage or loss due to fire, theft, or other covered perils.

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Commercial Insurance Broker General Liability Business Interruption 52

Property Insurance Centre

OCTOBER 18, 2024

Recent data from 2023 and 2024 highlights the financial strain on insurers and property owners alike, driven by more severe storms, heavy rainfall, and unpredictable weather patterns. Rising Claims Due to Extreme Weather In 2023, UK insurers faced record-breaking claims from weather-related damage.

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Property Insurance Centre

SEPTEMBER 11, 2024

Lift Inspection policies will often accompany a Purpose Built Flats Insurance Policy, and for good reason. Although some Purpose Built Flats Insurance policies will provide some cover to machinery and plant for material damage cover, they will not provide any assistance should the lift break down.

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Property Insurance Centre

SEPTEMBER 25, 2024

See what is not covered in terms of events/damage for your policy and think about getting flood insurance or accidental damage insurance if desired. Accidental damage is not usually covered by a normal building insurance policy. These can be added to your policy for an additional premium.

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Jackson & Jackson

MAY 22, 2024

. “Understanding Multi-Family Property Insurance” Commercial property insurance is a vital safeguard for property owners, protecting their assets against various risks. It covers property damage, loss of income, liability claims, etc.

Property Insurance 52

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Property Insurance Centre

JANUARY 16, 2025

Flood damage can include physical destruction of property, inventory loss, and business interruption costs, making insurance a vital component of risk management. Specialised policies may also cover: Debris Removal: Costs associated with clearing and disposing of flood-damaged materials.

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Property Insurance Centre

NOVEMBER 11, 2024

These are just some of the excuses we hear of from the question of, “ Why can’t I get insurance ?” ” or can’t get the insurance you deserve for that matter – insurance with reasonable premiums and without unnecessary restrictions. Getting an alarm will often be a deterrent in the first instance.

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Property Insurance Centre

JANUARY 4, 2024

Inflation drives up property valuations , construction costs , and insurance premiums. 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 Outdated property valuations result in underinsured properties.

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Property Insurance Centre

AUGUST 8, 2024

However, if it goes more long term the insurers can at worst pull cover entirely leaving you to search the market for an alternative, or perhaps apply more stringent conditions and charge a rather large additional premium – usually refundable on a pro-rata basis, assuming you are able to let the property out again!

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Property Insurance Centre

JULY 21, 2024

Aspray, a leading property damage claims management company, can act on your behalf when you need to make a claim. Aspray’s repeat win is a reflection of their unwavering commitment to delivering top-notch service to their clients, ensuring that they receive the best possible outcome in times of property damage.

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Property Insurance Centre

AUGUST 28, 2024

Corner Shop Insurance and BT Redcare Alarm changes Business Owners who have corner shop insurance are all to aware of the benefits an appropriate intruder alarm system will have, both in relation to their insurance premiums (or in being given an insurance policy at all in some cases) and to the physical security of their goods.

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Distinguished

MARCH 6, 2025

Along with this, mold and water damage often due to leaking pipes, poor ventilation, or roof damageposes serious health hazards if not promptly repaired. Insurers view these violations as signs of deferred maintenance and increased risk. What role can insurance brokers play in managing these challenges for their clients?

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Property Insurance Centre

DECEMBER 23, 2024

Insurers will not always insist on having all of these protections, however, it may reduce their risk and in turn reduce your premium. The BS3621 requirement not only has many physical qualities to protect your property from potential break-ins, it is also essential to be compliant with your insurance policy.

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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. 

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Property Insurance Centre

JANUARY 30, 2024

Key aspects to consider when buying buildings insurance include reviewing the policy’s exclusions , understanding excesses , comparing premiums, and evaluating the level of customer service provided by the insurer. Review the policy’s exclusions , understand excesses , and compare premiums.

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Property Insurance Centre

MAY 20, 2024

This could mean that if the property is insured for 50% of its correct rebuilding cost, the insurer only pays 50% of the claimed amount. damage caused by a leak). The clause or condition of the block of flats insurance policy may vary between insurers. This can apply to a total loss (e.g.

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Building Liability Insurer Insurance 52

Healthinsurance.org

MAY 20, 2024

In this article HealthCare.gov policyholders at risk Scammers circumvent consumers protections The damage to affected Marketplace buyers Factors that led to the alleged fraudulent activity Buyers with lower incomes targeted Is this happening in states that run their own Marketplaces? What should consumers do?

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Property Insurance Centre

MARCH 19, 2024

Insurance guides provide clear explanations of the rights and responsibilities individuals have throughout the claims process, ensuring they are informed and empowered to take the necessary steps to protect their interests. An immediate response to property damage is crucial.

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Cover4LetProperty

OCTOBER 10, 2022

The principal costs of running your buy to let business are likely to include the mortgage repayments (typically, in the case of buy to let mortgages, these are likely to be interest-only mortgages), the cost of repairs and maintenance, any letting agent’s fees, and landlords’ insurance. What are let property insurance brokers?

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Property Insurance Centre

JULY 30, 2024

3 By only choosing trustworthy tenants, the chances of problems like late rent or damage decrease. It stops big damage and saves money on repairs later. It reduces the chances of problems like late rent or damage. This includes looking into their financial situation with credit checks and talking to previous landlords.

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Property Insurance Centre

NOVEMBER 26, 2024

They should look for any signs of wear, damage, or degradation. If the PPE looks damaged, it should be taken out of service and replaced. Workers should replace their PPE if it shows signs of wear, damage, or when the manufacturer advises it. Not replacing worn or damaged PPE can be dangerous.

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Protect Commercial Insurance

MARCH 14, 2025

Commercial property insurance is a key component in this protection, offering a safety net against unexpected disasters. Whether you own a quaint little shop or a sprawling office complex, securing proper insurance means youre prepared for the unexpected. Another myth is that your landlord’s insurance covers your business assets.

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