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Commercial Insurance and Protection of Business Property

Paragon Independent Insurance Agencies

Commercial insurance is vital for protecting business property, assets, and operations from various risks and liabilities around Plano, TX. Commercial Insurance Information Commercial insurance consists of policies to safeguard businesses when financial losses are inevitable. Call us today for the most updated information.

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What risks does your business face? Here are 5 you should know.

Frankenmuth Insurance

They can cause significant damage to your property, disrupt your operations, and lead to substantial financial losses. Protect your structure. Regularly back up critical data and store copies offsite or in the cloud to prevent data loss. Provide personal protective equipment (PPE). Get the right coverage.

Risk 86
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Landlord’s Insurance for Beginners

Cover4LetProperty

While it shares some similarities with standard home insurance, it includes additional protection tailored to rental properties and tenants. It typically protects against risks such as fire and floods. This would cover you for example, when a tenant may hold you liable for an injury which was caused within / by your property.

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Understanding Liability Insurance for UK Tradespeople and Contractors

Protect Commercial Insurance

Yet, it’s essential to protect your hard-earned business from the unexpected. It covers you against claims of property damage, personal injury, or negligence. This type of insurance is designed to cover you if a member of the public suffers an injury or their property is damaged because of your business activities.

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Can Both the Contractor and Property Owner Be Named Insureds on a Builder’s Risk Policy?

Distinguished

Financial Interest and Named Insureds In a typical Builder’s Risk policy , the named insured is the entity that has a financial interest in the construction project. This could be the contractor, developer, or property owner, depending on who stands to suffer a financial loss if the property is damaged during construction.

Policy 52
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5 Essential Considerations for Insurance When Buying or Investing in Commercial Property

Jackson & Jackson

It’s not just about choosing the correct location or getting the best price; it’s also about ensuring your investment is protected from the unexpected. Insurance plays a pivotal role in safeguarding your property and your financial future. It protects you from claims arising from accidents or injuries on your property.

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E&O vs. EPLI: What Coverage Do Your Clients Need?

ProWriters

As they seek to secure the insurance they need to protect themselves, some companies’ decision-makers may get confused about E&O vs. EPLI policies. But when you help your business clients appreciate the difference between E&O vs. EPLI, you’ll help them effectively manage their risks and ensure adequate protection.