Distinguished

MARCH 20, 2025

It also shows that being aware of any separate deductibles for wind or hail is an important part of assessing your clients coverage options. Human underwriting : Our underwriters assess your risks through discussion, not just algorithms. What Does Distinguisheds Insurance for Apartment Building Owners Cover?

Building 52

Building Protection Damage Liability 52

AMAXX

JULY 30, 2024

So this is your premium adjustments, and these are discretionary adjustments that can be given by your underwriter based on how well they perceive you managing your risk, how well they perceive you managing your risk. and why are we gonna try to get this risk up because you’re saying, hey. Say that again.

Workers Comp 64

Workers Comp Risk Workers Compensation Injury 64

Distinguished

SEPTEMBER 17, 2024

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

Risk Broker-Agent Deductible Insurer 52

Smart Insurance Agents

AUGUST 19, 2024

Key Highlights Comparing Medicare Supplement Plans Insurance, or Medigap, helps cover costs that Original Medicare doesn’t, like copays and deductibles. This includes copayments, coinsurance, and deductibles. Medigap plans help you with costs that Original Medicare does not cover, like copayments, coinsurance, and deductibles.

Out-Of-Pocket 52

Out-Of-Pocket Deductible Premium Out-Of-Pocket Expense 52

Scott Insurance

JANUARY 28, 2022

Generally, these policies have higher deductibles than standard policies – $25k, $50k, or $100k are common deductibles. Underwriting is extensive and involves separate applications/questionnaires and an extensive review of historical claims.

General Liability 52

General Liability Deductible Liability Property Damage 52

Distinguished

DECEMBER 16, 2024

Unlike competitors retreating from the market due to aggregation risks, our Fine Art and Collectibles insurance program brings fresh capacity and a willingness to underwrite policies tailored to Californias unique challenges. Wildfire coverage is included under our Fine Art and Collectibles program based on underwriting.

Protection 52

Protection Underwriter Underwriting Risk 52

Protect Commercial Insurance

OCTOBER 4, 2024

Changes in Underwriting Processes Interest rates can also shape the underwriting processes used by insurance companies. Underwriting involves evaluating risks and determining suitable premiums for policyholders. Moreover, alongside higher premiums, you may encounter an increase in out-of-pocket costs, such as deductibles.

Property Insurance 52

Property Insurance Out-Of-Pocket Premium Insurer 52

Distinguished

DECEMBER 2, 2024

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.

Deductible 52

Deductible Broker-Agent Insurer Insured 52

Risk Management Monitor

AUGUST 9, 2022

In 2018, the 5 th Circuit Court of Appeals took things a step further in Certain Underwriters at Lloyd’s of London v. Depending on the amount of your deductible, this means recovery could be impossible as a practical matter. Lowen Valley View, L.L.C.

Damage 78

Damage Claim Commercial Property Deductible 78

Distinguished

APRIL 14, 2025

Here are the key factors our underwriters consider that influence pricing: Value of the collection: The higher the appraised or agreed-upon value, the higher the premium. Customizable coverage: With flexible deductibles, policy limits, and tailored endorsements, brokers can structure coverage that fits each clients specific needs.

Insurer 52

Insurer Insured Insurance Policy 52

TGS

OCTOBER 3, 2023

Quotes that are ready quickly are usually based on a small subset of information, then the initial baseline quote is refined during the underwriting process. Deductibles 8. You can expect to see an All Perils deductible and/ or a Windstorm/ Hail deductible here, depending on your policy. Insurance Company 2.

Insurance Quotes 52

Insurance Quotes Deductible Home Insurance Out-Of-Pocket 52

Distinguished

DECEMBER 16, 2024

Unlike competitors retreating from the market due to aggregation risks, our Fine Art and Collectibles insurance program brings fresh capacity and a willingness to underwrite policies tailored to Californias unique challenges. Wildfire coverage is included under our Fine Art and Collectibles program based on underwriting.

Protection 52

Protection Broker-Agent Inland Marine Underwriter 52

Distinguished

JANUARY 28, 2025

Here are just some of the key benefits you get by partnering with Distinguished: Experienced underwriters : Our underwriters are highly experienced and have the authority to make fast, intelligent decisions, ensuring that your clients receive the coverage they need when they need it.

Liability Insurance 52

Liability Insurance Liability Broker-Agent Insurer 52

Distinguished

JANUARY 28, 2025

Here are just some of the key benefits you get by partnering with Distinguished: Experienced underwriters : Our underwriters are highly experienced and have the authority to make fast, intelligent decisions, ensuring that your clients receive the coverage they need when they need it.

Liability Insurance 52

Liability Insurance Liability Broker-Agent Insurer 52

Scott Insurance

SEPTEMBER 5, 2023

With limited access to insurance, affordable housing communities have no ability to negotiate insurance premiums and are forced to pay significantly higher premiums with high deductibles. Some affordable housing community owners and operators reported premium increases of 25-75% due to the presence of pull cords.

Premium 52

Premium Insurer Insured Liability 52

Majesco

MARCH 27, 2025

For those who did remain, the most active cost-reducing actions included reduced coverage (auto, 12%; renters, 13%) and raising deductibles (auto, 9%; renters, 13%) which increased their protection gap and could result in challenges for insurers in the future with claims that could ultimately impact loyalty and trust.

Auto Insurance 52

Auto Insurance Insurer Insured Insurance 52

TGS

NOVEMBER 20, 2024

Increase Your Deductible: Opt for a higher deductible to lower your monthly premium. Beyond Credit: Other Ways to Save on Home Insurance Improving your credit score is one strategy, but it’s not the only one. Upgrade Your Home: Adding safety features like a security system or fire-resistant materials can reduce risk—and your rate.

Home Insurance 52

Home Insurance Premium Insurer Insured 52

Word & Brown

FEBRUARY 18, 2025

automated deductible and Rx updates (so you know when they apply before benefits kick in). W&Bs Underwriting team works directly with carriers to streamline approvals. Well answer all of your and your clients questions about quoting, products, underwriting, sales, enrollment, provider networks, service, claims, billing, and more.

Broker-Agent 52

Broker-Agent Broker Agents Underwriter 52

Risk Management Monitor

SEPTEMBER 21, 2021

For instance, frequent third-party claims for premises liability may have led to restrictions on Med Pay coverage or a higher deductible to give the customer a bigger stake in safety measures.

Claim 75

Claim Injury Workers Compensation Risk 75

Distinguished

JULY 22, 2024

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. Our team combines deep expertise across collection categories with flexibility in underwriting and customizing coverage. 

Insurer 52

Insurer Insured Insurance Policy 52

Word & Brown

SEPTEMBER 13, 2024

That includes understanding what plans offer the lowest and highest out-of-pocket costs, including deductible, copays, and coinsurance. You need to know who offers the products and services that will address your clients’ pain points, objectives, and budget. Ask your Word &Brown rep for details.

Broker 52

Broker Out-Of-Pocket Broker-Agent Insurer 52

TGS

SEPTEMBER 11, 2023

The South Carolina Wind and Hail Underwriting Association, also known as Wind Pool, is an association of insurance providers. The South Carolina Wind and Hail Underwriting Association has an eligibility checker. These can include your home’s coverage, deductible, and type of construction.

Insurer 52

Insurer Insured Insurance Out-Of-Pocket 52

Jackson & Jackson

MAY 22, 2024

Additionally, investors can explore the option of higher deductibles to reduce premiums. However, it is crucial to strike the right balance between cost savings and ensuring that the deductible remains affordable in the event of a claim. By assuming a higher portion of the risk, investors may be able to negotiate lower insurance costs.

Property Insurance 52

Property Insurance Commercial Property Commercial Insurer 52

Triple-I: Workers Compensation

APRIL 20, 2021

The Small Business Tax Equity Act would provide an exception into the Internal Revenue Code to let cannabis operators – as long as they’re in compliance with state laws – make the same deductions as any other business. Easier to operate Passage of these laws would make it easier for cannabis-related businesses to operate.

Risk 40

Risk Workers Compensation Commercial General Liability Liability 40

Smart Insurance Agents

OCTOBER 16, 2024

They explain the details of different policies, including coverage options, premiums, deductibles, and out-of-pocket expenses. Brokers assist clients in deciphering premiums, deductibles, and out-of-pocket expenses, ensuring they understand the full scope of their coverage.

Insurance Broker 52

Insurance Broker Broker Broker-Agent Out-Of-Pocket Expense 52

Majesco

DECEMBER 5, 2024

Anything from quoting to underwriting, servicing, billing or claims may no longer operate at the level expected by customers, putting trust and loyalty at risk. In addition, other actions taken included raising deductibles, particularly for homeowners, and reducing coverage for both auto and homeowners.

Auto Insurance 40

Auto Insurance Insurer Insured Insurance 40

Majesco

APRIL 11, 2024

If we don’t get down to addressing the loss ratio — underwriting, pricing, risk selection, and claims management — for many carriers, even if they cut costs by 100%, they’re still not going to be profitable. Their standard coverage would go to customers that wish to cover their deductible.

Commercial Property 40

Commercial Property Risk Claim Deductible 40

Distinguished

NOVEMBER 7, 2024

The surety’s role is complex, as it must diligently assess the risks associated with underwriting bonds. The insured is not obligated to repay the insurer for the claim payment, except in cases of deductibles, which are predefined portions of the loss the insured agrees to bear.

Claim 52

Claim Compensation Risk Broker-Agent 52

Majesco

JANUARY 9, 2025

In our 2024 Consumer Research , the top-of-mind issue of finances was reflected in concerns about the increasing cost of insurance and how they were trying to decrease the overall cost with changes in deductibles, lowering coverages and more.

Insurer 45

Insurer Insured Insurance Risk 45

Distinguished

MARCH 25, 2025

Here are some of the factors our expert underwriters would consider when creating a policy for your client: Collection value: The higher the collection’s appraised value, the more it will cost to insure. Deductible selected: Opting for a higher deductible can lower premiums but increase out-of-pocket costs in case of a claim.

Deductible 52

Deductible Theft Insurer Insured 52

Distinguished

JANUARY 28, 2025

Here are just some of the key benefits you get by partnering with Distinguished: Experienced underwriters : Our underwriters are highly experienced and have the authority to make fast, intelligent decisions, ensuring that your clients receive the coverage they need when they need it.

Liability Insurance 52

Liability Insurance Liability Broker-Agent Insurer 52

Word & Brown

JANUARY 23, 2025

Small businesses and their employees are no longer subject to medical underwriting for health insurance. The ACA requires marketplace plans to cover at least one drug in each drug class and to include out-of-pocket Rx expenses in an insured persons or familys deductible. Employers with 50+ full-time workers must offer health insurance.

Out-Of-Pocket 52

Out-Of-Pocket Insurer Insured Insurance 52