Remove Injury Remove Liability Remove Theft
article thumbnail

Insurance Considerations for Home-Based Businesses

Mark Jackson Insurance Agency

The Crucial Role of Liability Coverage One of the main concerns for any business, including those based at home, is liability. Commercial liability insurance protects against claims resulting from injuries or damages to people or property during business operations.

article thumbnail

UNDERSTANDING PROPERTY CASUALTY INSURANCE IN NJ

Boyle Agency Insurance

Property Casualty Insurance is insurance that combines protection for property owned by you, such as a house, or personal possessions, and liability insurance for if you ever cause an accident that injures another person or damages another person’s property. What Is Property Casualty Insurance?

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. These events may include property damage, liability claims from work-related injuries, break-ins, or business interruption. It is critical to understand how to determine what is covered.

article thumbnail

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

Distinguished

However, it will not be covered for liability claims under a Builder’s Risk policy since that policy is not designed to cover the contractor’s operations, such as poor workmanship or negligence. Instead, a contractor’s operations liability should be covered by a separate Contractor’s General Liability policy.

Policy 52
article thumbnail

Essential Safety Gear for Motorcyclists: A Guide to Protection on the Road

Mark Jackson Insurance Agency

From helmets to high-top boots, each piece of equipment plays a vital role in protecting riders from the elements and minimizing injuries during accidents. Insurance provides financial protection against damage, theft, and liability, providing you with assistance in case of a covered loss.

article thumbnail

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. Liability Insurance Liability insurance is essential for any commercial property owner. It protects you from claims arising from accidents or injuries on your property.

article thumbnail

Why is landlord insurance more expensive than home insurance?

Cover4LetProperty

Risk is assessed with respect to the likelihood of loss or damage leading the insured to make a claim, since the settlement of claims paid out to the insured represent a liability for the insurer. Landlords are essentially running a small business, and the associated risks and responsibilities are reflected in the cost of insurance.