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A Comprehensive Guide to Understanding Commercial Property Insurance

Protect Commercial Insurance

This type of policy covers a wide array of potential hazards, including fire, theft, vandalism, and certain natural disasters. The policies are often tailored to meet the specific needs of different industries, whether you own a quaint bakery on the high street or a bustling tech startup in the middle of a business district.

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

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Not only are they insured in the event of a covered risk, but they can also sleep well at night knowing they have a policy limit that is high enough to cover whatever gets thrown their way. It also shows that being aware of any separate deductibles for wind or hail is an important part of assessing your clients coverage options.

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Question on an ISR extension of coverage

Prof. Allan Manning

All differences relating to the amount of such increase in site value shall forthwith be referred to the decision of two registered valuers; one to be appointed by each of the parties to this policy. If the Insured could keep what the endorsement defines as salvage they would be much, more than being fully indemnified.

Building 130
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Public Art Insurance: Safeguarding Publicly Owned Art and Collectibles 

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Public art insurance is a specialized insurance policy designed to provide coverage to all artwork or valuable collectibles owned or loaned to a public institution.  For instance, a city could take out a public art insurance policy that would cover any artwork, historical artifacts, or even outdoor sculptures owned by that city.

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Strike’s Duration Will Determine Impact on P/C Insurance Industry

Triple-I: Business Insurance

These coverages include, but are not limited to, business interruption, political risk, credit, supply-chain insurance, and some marine and cargo. However, most such policies have waiting periods ranging from five to 10 days, and then deductibles, before payment is triggered.

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

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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.

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Does Homeowners Insurance Cover Collectibles? 

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Unfortunately, these unique risks are rarely appropriately covered by standard homeowner insurance policies. Avid collectors who rely on their homeowner’s policy are likely to encounter low coverage limits — if their collectibles are covered at all. For most, this will mean a collectibles policy.