Property Insurance Centre

FEBRUARY 24, 2025

The Financial Toll of a Liability Claim A lawsuit can lead to crippling legal expenses, compensation payouts, and increased insurance premiums. How to Protect Your Business Get Comprehensive Insurance Ensure you have general liability insurance, professional indemnity insurance, and workers compensation if applicable.

Liability 52

Liability Protection Claim Property Insurance 52

Friendly Agent

SEPTEMBER 21, 2020

Agents who sell insurance policies of the commercial type provide coverage to business owners with their property insurance, general liability insurance, and other kinds of coverage. The commissions come from a percentage coming from the amount of the yearly premium, as well as the policy it is being offered for.

Insurance Agents 130

Insurance Agents Insurance Agent Agents Broker-Agent 130

Scott Insurance

OCTOBER 28, 2020

Many insurance carriers use third-party crime scores to evaluate their exposure to criminal risk when underwriting general liability insurance policies. Thus, affordable housing providers are highly likely to experience a loss of coverage or relatively high insurance premiums.

Crime 52

Crime Insurance Carrier Risk General Liability 52

Protect Commercial Insurance

JULY 26, 2024

General Liability Insurance General liability insurance is essential for any business, including tailors. Insurance premiums can vary significantly between providers, so it’s essential to compare quotes from multiple insurers. These discounts can help reduce your premiums.

Commercial 52

Commercial Insurance Broker General Liability Business Interruption 52

Property Insurance Centre

JANUARY 4, 2024

Inflation drives up property valuations , construction costs , and insurance premiums. This has resulted in higher premiums and limited coverage in catastrophe-exposed areas. The rising costs of building or repairing properties have a direct effect on insurance premiums.

Property Insurance 52

Property Insurance Commercial Property Liability Insurance 52

Distinguished

MARCH 20, 2025

General liability : Covers the costs of fighting litigation plus covered damages that might come from it. TIV (total insurable value): Higher replacement costs for the building and covered property directly increase the premium. Equipment breakdown : Pays for the costs of replacing building equipment like elevators or ACs.

Building 52

Building Protection Damage Liability 52

Distinguished

SEPTEMBER 10, 2024

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

Risk General Liability Broker-Agent Insurance 52

Protect Commercial Insurance

NOVEMBER 8, 2024

By understanding your policy needs, shopping around, and exploring available discounts, you can effectively manage insurance premiums and keep your business financially secure. It provides protection against a plethora of risks, including property damage, liability claims, theft, and even employee injuries.

Commercial Insurance 52

Commercial Insurance Commercial Premium Deductible 52

Triple-I: Workers Compensation

MARCH 21, 2023

Group captives recruit safety-conscious companies with better-than-average loss experience, with each member’s premium based on its own most recent five-year loss history. Each owner makes a modest initial capital contribution,” states the paper, Group Captives: An Opportunity to Lower Cost of Risk.

Workers Compensation 40

Workers Compensation Premium Liability General Liability 40

Protect Commercial Insurance

OCTOBER 25, 2024

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.

Business Insurance 52

Business Insurance Liability Insurance Liability Policy 52

Distinguished

AUGUST 12, 2024

This includes coverage for: General liability : Covers legal costs and damages that arise from lawsuits related to this construction, renovation, or betterment project. Our Builder’s Risk policies come standard with all of the most important coverages your clients will need to protect their under-construction properties. 

Risk 52

Risk Broker-Agent Insurance Insurer 52

Distinguished

SEPTEMBER 17, 2024

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.

Risk 52

Risk Broker-Agent Deductible Insurance 52

Distinguished

SEPTEMBER 25, 2024

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. Materials : The loss of building materials that are on the site or in transit between covered sites.

Risk 52

Risk Broker-Agent Insurance Insurer 52

American Agents Alliance

SEPTEMBER 26, 2024

According to AM Best , the surety industry in the United States reported direct written premiums totaling $9.3 For example, if you already provide general liability insurance to a construction company, adding surety bonds to your product mix is a logical next step.

Agents 40

Agents Insurance Agent Insurance Agents General Liability 40

ProWriters

APRIL 17, 2024

They could all also have financially devastating liability consequences that standard Property and General Liability policies may not cover. However, a strong Cyber Liability Insurance policy could potentially provide coverage.

Cyber 52

Cyber Injury Liability Liability Insurance 52