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What is a Loss History Report?

TGS

This is where a loss history report comes inits like a propertys report card for past insurance claims. A loss history report provides a record of insurance claims filed on a property, typically over the past five to seven years. This report includes: Claim Details Dates of past claims, type of loss (e.g.,

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Commercial Insurance Strategies To Protect Your Business

Paragon Independent Insurance Agencies

Liability Insurance Liability coverage protects you against legal costs that could disrupt your business. Protection against damage and theft shields you from financial losses that could affect your business sales. In essence, having comprehensive insurance coverage is indispensable.

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Upgrades That May Require More Residential Insurance Coverage

Paragon Independent Insurance Agencies

Your residential insurance policy can list the items you invest in. The insurance coverage will protect against unforeseen damage and theft. If you need to file an insurance claim, the coverage you have purchased will handle the costs you are faced with while you are rehabilitating your property.

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Discover the Added Value of Renter’s Insurance in Michigan

Shield Insurance Agency

Rental Insurance Value: Safeguarding Your Assets One of the significant benefits of having renters insurance in Michigan is the protection it provides for your personal property. From furniture and electronics to clothing and jewelry, your belongings are safeguarded against perils such as fire, theft, vandalism, and more.

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The Essential Guide to Creating a Home Inventory: Why and How

Mark Jackson Insurance Agency

Living Room by Home Decor Interiors In the aftermath of an unexpected event, such as a fire, theft, or natural disaster, having a comprehensive home inventory can be a lifeline. This detailed list of your possessions not only aids in the homeowner insurance claim process, but also helps in the recovery and replacement of lost items.

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Top Reasons Your Home Insurance Premium Might Increase [2024]

TGS

Every year your home grows older, it becomes more prone to issues such as plumbing leaks, electrical faults, or roof damage—all of which can lead to costly insurance claims. While it seems logical that multiple claims would lead to higher premiums, many homeowners are unaware of just how long those claims can stick with you.

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Unlocking a Smart Home Insurance Discount: How Your Gadgets Can Lower Your Premiums

TGS

From an insurer’s perspective, this reduces the risk of theft or vandalism, which makes them more inclined to offer you a discount. This added layer of protection is attractive to insurers because it lowers the likelihood of a major fire or carbon monoxide incident, thus potentially qualifying you for a smart home insurance discount.