Remove Insurance Carrier Remove Liability Insurance Remove Property Damage
article thumbnail

E&O vs. EPLI: What Coverage Do Your Clients Need?

ProWriters

E&O is a subset of Professional Liability Insurance. E&O typically covers claims related to professional services resulting in financial harm to a client, while Professional Liability covers a wider range of claims, such as bodily injury or property damage. What does EPLI not cover?

article thumbnail

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

Distinguished

When a project is under construction or renovation, your clients are likely not covered by their homeowner’s insurance or business insurance. Different Builder’s Risk insurance policies vary from one insurance carrier to another.  Property damage : Damages to the building that is being constructed or renovated.

Risk 52
article thumbnail

Emerging Property Insurance Trends 2024

Property Insurance Centre

Unpredictable weather events and the rise in natural catastrophes pose significant challenges for the property insurance industry. Insureds are facing substantial property losses, leading to increased financial burdens. Social inflation and rising claim costs are top concerns for liability insurers.