Remove Financial Loss Remove Injury Remove Theft
article thumbnail

Top 6 Insurance Policies Every IT Business in California Should Have

Jackson & Jackson

Professional Liability Insurance protects your business against claims of negligence, errors, or omissions that result in financial losses for your clients. Business property insurance protects your physical assets against risks like fire, theft, or natural disasters. One oversight could lead to costly lawsuits.

article thumbnail

Commercial Insurance and Protection of Business Property

Paragon Independent Insurance Agencies

Commercial Insurance Information Commercial insurance consists of policies to safeguard businesses when financial losses are inevitable. These events may include property damage, liability claims from work-related injuries, break-ins, or business interruption. It is critical to understand how to determine what is covered.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Landlord Insurance vs. Standard Home Insurance: Key Differences

Protect Commercial Insurance

Its primary purpose is to protect landlords from financial loss stemming from tenant-related incidents, property damage, and other rental-specific risks. Definition and Purpose Standard home insurance is designed for individuals who live in their property, covering both the home and possessions inside it from damage and theft.

article thumbnail

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
article thumbnail

Protect Your Business: 5 Essential Insurance Policies You Might Be Overlooking

Protect Commercial Insurance

General Liability Insurance General liability insurance is a fundamental policy that covers your business against claims of bodily injury, property damage, and personal injury. In this article, we will explore five often overlooked insurance policies that can provide valuable coverage for your business.

article thumbnail

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

Jackson & Jackson

It covers the physical structure of your building and its contents against fire, theft, and some natural disasters. It protects you from claims arising from accidents or injuries on your property. Business Interruption Insurance Unexpected events can disrupt your operations, leading to significant financial loss.

article thumbnail

How To Save Money On Your Commercial Insurance

Protect Commercial Insurance

Understanding Commercial Insurance Commercial insurance is an essential part of safeguarding your business against unforeseen events that could lead to financial loss. It provides protection against a plethora of risks, including property damage, liability claims, theft, and even employee injuries.