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Beyond Coverage: Understanding the Limitations of Cyber Liability Insurance for California’s Tech Companies

Jackson & Jackson

In California’s vibrant technology sector, understanding the scope of your Cyber Liability Insurance and Data Breach Coverage is as crucial as having the coverage itself. Property Damage : Traditional cyber policies typically don’t cover physical damage caused by cyber events.

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Top 6 Insurance Policies Every IT Business in California Should Have

Jackson & Jackson

Here are the top 6 insurance policies every IT business in California should have to safeguard their operations. Professional Liability Insurance (Errors & Omissions Insurance) For IT consultants, developers, or tech startups, mistakes can happen. One oversight could lead to costly lawsuits.

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Big Changes Ahead for California Auto Insurance: Senate Bill 1107 and What It Means for Agents

American Agents Alliance

The legislation, effective January 1, 2025, will increase the current minimum of $15,000 per claimant and $30,000 per occurrence for bodily injury, and $5,000 for property damage (15/30/5), to $30,000 per claimant, $60,000 per occurrence for bodily injury, and $15,000 for property damage (30/60/15).

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Common Myths About Commercial Insurance Debunked

Protect Commercial Insurance

Long-term Financial Benefits While the upfront cost of commercial insurance might seem high, consider the long-term savings and financial security it provides. Without insurance, your business could face catastrophic financial loss from property damage, theft, or a lawsuit.

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

Distinguished

Vandalism : Intentional damage to the job site by third parties, including things like broken glass or graffiti. Property damage : Damages to the building that is being constructed or renovated. Equipment : Covers damages to or theft of equipment used on the job site.

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Understanding Consumer Education and Property Insurance

Property Insurance Centre

An immediate response to property damage is crucial. Policyholders should be educated on the importance of documenting damage as it occurs, including taking photographs or videos of the affected areas. Insurance Agent Advocacy Insurance agents play a crucial role as advocates for policyholders throughout the claims process.

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Save Money on Small Business Insurance in California

Jackson & Jackson

Understanding Small Business Insurance in California The Basics of Business Insurance Before diving into the world of insurance savings, it’s crucial to understand the basics of business insurance. Small business insurance covers property damage, liability claims, and employee-related risks.