Remove Financial Loss Remove Insurance Policy Remove Underwriter
article thumbnail

Landlord Insurance in Chicago, Illinois: Everything Brokers and Property Owners Need to Know

Distinguished

However, with opportunity comes risk: property damage, liability claims, and unexpected financial losses can quickly turn a profitable investment into a costly liability. For brokers and agents, understanding landlord insurance in Chicago is crucial for helping clients safeguard their investments while expanding business opportunities.

Broker 52
article thumbnail

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

Distinguished

Fortunately, the property owner had Ordinance or Law Coverage A as part of their insurance policy, allowing them to receive the full building limit for the loss. Crime insurance : Protects against financial losses caused by theft, burglary, or employee dishonesty, covering stolen money, securities, or property.

Insiders

Sign Up for our Newsletter

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

article thumbnail

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.

article thumbnail

Management Liability Insurance: A Broker’s Guide 

Distinguished

Having a comprehensive management liability insurance policy in place can help attract and retain board members who might otherwise be hesitant to take on such roles. Management liability insurance is a product that agents and wholesale brokers should be offering all of their clients.

article thumbnail

Management Liability Insurance: A Broker’s Guide 

Distinguished

Having a comprehensive management liability insurance policy in place can help attract and retain board members who might otherwise be hesitant to take on such roles. Management liability insurance is a product that agents and wholesale brokers should be offering all of their clients.

article thumbnail

Does Homeowners Insurance Cover Collectibles? 

Distinguished

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.

Insured 52
article thumbnail

How to Read Homeowners Insurance Quotes

TGS

At TGS Insurance, your free home insurance quote is instant! 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. >> TGSI TIP: Homeowners insurance quotes should always be free.