Remove Deductible Remove Inland Marine Remove Liability
article thumbnail

A Comprehensive Guide to Understanding Commercial Property Insurance

Protect Commercial Insurance

– Environmental Liability Coverage : Particularly useful for businesses dealing with hazardous materials, covering clean-up costs from damage caused by pollution. – Inland Marine Insurance : Valuable for businesses frequently moving goods and equipment across locations.

article thumbnail

Insurance for Apartment Building Owners: Protecting Your Client’s Investments With the Right Coverage

Distinguished

Unlike single-family homes, apartment complexes face heightened risks damage from one unit can quickly spread to others, liability claims can stem from common areas, and evolving building codes can demand costly upgrades. General liability : Covers the costs of fighting litigation plus covered damages that might come from it.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

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

Public Art Insurance: Safeguarding Publicly Owned Art and Collectibles 

Distinguished

One of the key reasons is lower deductibles, expert knowledge, and tailored coverage options specifically designed for the unique risks faced by public art installations.  Flexible deductibles and payment options : Our team collaborates with you to tailor deductibles and payment plans, accommodating your budget without compromising coverage.

article thumbnail

Protecting Fine Art, Collectibles in California

Distinguished

Coverage is offered as an optional add-on, with rates determined by sophisticated modeling that considers location, fragility of items, value of collectibles, storage, deductibles, and other factors. Property and Liability products are distributed through a national network of agents and brokers.

article thumbnail

What are the most important questions to ask when choosing business insurance?

Protect Commercial Insurance

– Is there a high level of professional liability in your operations? – Potential deductibles and what’s financially viable if you need to make a claim. – Professional Liability Insurance : Also known as errors and omissions insurance, this covers claims of negligence or malpractice.

article thumbnail

Does Homeowners Insurance Cover Collectibles? 

Distinguished

Flexible Deductibles and Payment Options : Our underwriting team can take into account your client’s collection, budget, and risk tolerance and design each policy to fit their needs. Property and Liability products are distributed through a national network of agents and brokers.

Insurer 52