Remove Deductible Remove Injury Remove Property Damage
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Keeping Coverage Affordable: California Drivers Will See Auto Insurance Rate Increases in 2025

Freeway Insurance

On January 1, 2025, California raised its minimum liability insurance requirements, nearly doubling the mandatory coverage for bodily injury and property damage. Increase Your Deductible : Opting for a higher deductible can lower your monthly premium. 1, 2025 is here.

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Landlord Insurance in Chicago, Illinois: Everything Brokers and Property Owners Need to Know

Distinguished

However, with opportunity comes risk: property damage, liability claims, and unexpected financial losses can quickly turn a profitable investment into a costly liability. General liability: Protects against tenant or visitor injuries, legal claims, and medical expenses. In Chicago alone, more than 2.7

Broker 52
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What Does It Mean to Be a No-Fault State?

TGS

In a no-fault state like Florida, every driver is required to carry Personal Injury Protection (PIP) coverage. Lost Wages: If you’re unable to work due to injuries sustained in the accident, PIP may cover a percentage of your lost income. You suffer minor injuries and miss a few days of work. Why Do No-Fault States Exist?

Injury 52
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Mold: Impacts on the Affordable Housing Industry

Scott Insurance

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.

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Blog Post: Caught in the Long Tail: Single-Year, Multi-Year, and Multi-Policy Insurance Disputes

LexisNexis

Read now » Related Content Allocation of Latent Injury and Damage Claims State Law Survey Examine the method used across the 50 states and the District of Columbia for allocating damages for latent bodily injury and property damage claims, sometimes called long-tail or continuous injury or damage claims.

Policy 40
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How to Read Homeowners Insurance Quotes

TGS

Deductibles 8. If you suffer from losses or damages beyond those limits, you will be responsible for paying the rest out of pocket. Deductibles In the event of a worst-case scenario, your deductible is the amount you’ll be obligated to pay out-of-pocket before your insurance will step in to foot the rest of the bill.

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Tips for Buying Home Insurance

Bankers Insurance

Coupled with the significant property damages caused by the aforementioned natural disasters, these price increases make claims submitted by policyholders who must repair or rebuild their homes considerably more expensive. Prices for building supplies, such as lumber, concrete, masonry and steel, have skyrocketed in recent years.