Remove General Liability Remove Liability Insurance Remove Underwriting
article thumbnail

Restaurant Insurance in Charlotte, North Carolina: A Broker’s Guide

Distinguished

Key coverages we offer include: Property insurance: Protection for buildings, equipment, and inventory against fire, theft, and natural disasters. General liability insurance: Coverage for legal claims related to customer injuries or property damage.

article thumbnail

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

Distinguished

This multimillion dollar payout goes far and above many apartment building liability insurance limits and highlights why having comprehensive umbrella insurance to fall back on can be so important for your clients. General liability : Covers the costs of fighting litigation plus covered damages that might come from it.

Insiders

Sign Up for our Newsletter

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

article thumbnail

How Insurance Carriers Use Crime Scores to Assess Risk in the Affordable Housing Industry

Scott Insurance

Many insurance carriers use third-party crime scores to evaluate their exposure to criminal risk when underwriting general liability insurance policies. Crime scores treat all crimes as equal, thereby failing to take into account heightened general liability risk associated with certain types of crime.

Crime 52
article thumbnail

Emerging Property Insurance Trends 2024

Property Insurance Centre

. “Insureds need to be aware of the potential risks they face and work closely with their insurers to understand the coverage limitations and take proactive measures to protect their properties.” Insurers are investing in advanced technology and data analytics to improve risk assessment and underwriting processes.

article thumbnail

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

Distinguished

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.

Risk 52
article thumbnail

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

Distinguished

Premises liability claims : Legal expenses and liability coverage related to any injuries, including trips and falls, that occur on the site. Our program also offers the following coverages: General liability insurance Mold and fungus Off-site materials in transit How Much Does Builder’s Risk Cost in Tennessee?

Risk 52