Remove Deductible Remove Financial Loss Remove Inland Marine
article thumbnail

Builder’s Risk Insurance Declinations: An Interview With Susan DeCarlo

Distinguished

What are some of the key factors you consider when determining appropriate coverage limits and deductibles? If we are comfortable with our exposure, we may consider increasing the AOP deductible and the theft deductible , depending on the underwriting analysis. So specific to limits, I just mentioned security.

Risk 52
article thumbnail

Does Homeowners Insurance Cover Collectibles? 

Distinguished

In the case of a catastrophic loss, art pieces worth thousands of dollars would only be covered up to that low per-item limit, leaving the collector with significant financial losses. Other considerations include the insurance company’s ratings and loss experience. 

Insurer 52