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

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One common question is whether the contractor and the property owner can be named insureds on the same Builder’s Risk policy. The answer lies in both parties’ financial interest in the property and how that impacts the insurance policy’s structure. Property owners may also choose to add Premises Liability coverage to the policy.

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Commercial Insurance Strategies To Protect Your Business

Paragon Independent Insurance Agencies

Protection against damage and theft shields you from financial losses that could affect your business sales. Document any identified gaps in your insurance policy and make necessary modifications to ensure ample business protection. These strategies mitigate potential disruptions in your business operations.

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Does Homeowners Insurance Cover Collectibles? 

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Theft, damage during transport, or accidental breakage can devastate a collection that has taken years to assemble. Unfortunately, these unique risks are rarely appropriately covered by standard homeowner insurance policies. For most, this will mean a collectibles policy.

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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. Property insurance policies cover damage or loss caused by perils such as fire, vandalism, theft, or natural disasters.

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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. Make sure to understand the specific perils covered by your policy, as not all natural disasters might be included. Shop around and compare different policies to find the best coverage at a reasonable price.

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Insuring Your Legacy: The Ultimate Guide to Luxury Handbag Insurance

Jackson & Jackson

However, just like any valuable possession, protecting them with the right insurance policy is crucial. In this guide, we will explore the importance of luxury handbag insurance, its coverage, how to choose the right policy, and the steps to insure your cherished bags. “What Does Handbag Insurance Cover?”

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Common Myths About Commercial Insurance Debunked

Protect Commercial Insurance

Regardless of size, all businesses face potential risks that can threaten their operations and financial stability. Insurance policies such as property, liability, and professional indemnity can provide a crucial safety net, making it essential for businesses of all sizes.