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

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General liability : Covers the costs of fighting litigation plus covered damages that might come from it. These include $1 million in personal liability, coverage for personal contents, inland marine for scheduled valuables, and additional living expenses.

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Builder’s Risk Insurance in Alabama: A Broker’s Guide 

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Our program also offers your clients general liability insurance, which can help cover legal costs that can occur on work sites.  For instance, employees injured on the job should be covered by their Contractor’s General Liability policy.   Our Builder’s Risk program does not cover some specific risks.

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Builder’s Risk Insurance in Georgia: Coverages, Costs, and More 

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This includes coverage for: General liability : Covers legal costs and damages that arise from lawsuits related to this construction, renovation, or betterment project. Property and Liability products are distributed through a national network of agents and brokers. In most cases, you’ll get a quote back instantly.

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Builder’s Risk Insurance Declinations: An Interview With Susan DeCarlo

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And regarding coverage, if the named insured is the builder, or there is a relationship between the named insured and the builder, in that capacity we would exclude general liability coverage. We bound the policy for a six-month term, and the premium was $1,300.

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What are the most important questions to ask when choosing business insurance?

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Reflect on: – How much you can comfortably allocate from your business budget for insurance premiums. Familiarising yourself with the various types can help you craft the most effective insurance package: – General Liability Insurance : Covers third-party bodily injury, property damage, and advertising injuries.

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Builder’s Risk Insurance in Tennessee: A Broker’s Guide 

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Soft costs : Additional expenses caused by a covered claim that are not related to building materials, equipment, or other hard costs; these soft costs could include additional reinspection fees, increased tax burdens, and insurance premiums. Property and Liability products are distributed through a national network of agents and brokers.

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