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What Are the Risks of Liability Only Auto Insurance?

TGS

Liability only auto insurance steps in to cover the damage youve done to the other guys car or their medical bills if theyre hurt. Its got two main parts: bodily injury liability and property damage liability. Thats the max itll pay out, no matter how bad things get. What About Other Kinds of Damage?

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Driving Without Insurance in Florida

TGS

10,000 in Property Damage Liability (PDL): Pays for damage you cause to someone elses property in an accident. If you cause an accident, you could be personally responsible for thousands of dollars in damages and medical billscosts that proper insurance could have covered.

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Protect Your Finances: The Truth About Small Insurance Claims

Shield Insurance Agency

Small Insurance Claims Can Raise Premiums Small insurance claims, such as those for minor property damage, may seem like a hassle to deal with. Many policyholders may be tempted to file a claim for every little incident in the belief that their insurance policy will cover all damages.

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How Rent Guarantee & Home Emergency Insurance Can Save Landlords Money

Protect Commercial Insurance

Understanding Rent Guarantee Insurance Image courtesy: Unsplash In the bustling world of property management, ensuring a steady flow of rental income is crucial for landlords. – Tenant Eviction : Evictions can be a costly and drawn-out process. – Tenant Eviction : Evictions can be a costly and drawn-out process.

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Landlord Insurance vs. Standard Home Insurance: Key Differences

Protect Commercial Insurance

Introduction When it comes to protecting your property, the type of insurance you choose can make a big difference. Whether you’re a landlord with several rental properties or a homeowner looking to safeguard your family home, understanding your insurance needs is essential. Let’s dive in and find out what each offers!

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Tips for Buying Home Insurance

Bankers Insurance

These policies can provide critical financial security as homeowners seek to protect their fiscal stability and property. Additionally, more and more people live in wildland-urban interfaces, where homes can be particularly vulnerable to severe weather damage. WHAT HAPPENED IN 2023? billion each.

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The Importance of Accurate Valuation in Commercial Property Insurance

Bankers Insurance

THE IMPORTANCE OF ACCURATE VALUATION IN COMMERCIAL PROPERTY INSURANCE When purchasing or renewing commercial property insurance , it’s important for businesses to ensure their coverage includes correct property valuations. Generally speaking, ITV refers to an approximation of the full cost to replace or restore insured property.