Distinguished

OCTOBER 30, 2024

While Builder’s Risk policies for both types of projects offer similar coverage, such as insuring for damage to the structure from fire, theft, and other covered perils, there are important distinctions between residential and commercial coverage. Limits of up $20 million are available, depending on the construction type and state.

Commercial 52

Commercial Risk Broker-Agent Building 52

Jackson & Jackson

APRIL 30, 2024

Ask your Broker; they can map it beforehand. To mitigate these risks, consider investing in enhancements like seismic retrofits or fire-resistant building materials. Crime Rates Areas with higher crime rates often have higher property insurance rates due to the elevated risk of theft, vandalism, and other crime-related damages.

Commercial Property 52

Commercial Property Property Insurance Commercial Crime 52

Distinguished

SEPTEMBER 25, 2024

Job sites that are under construction are prone to things like fire, theft, and vandalism. Whether it’s a construction project for a single-family home , a mixed-use building , or a commercial property, Distinguished’s Builder’s Risk Program has got it covered. Equipment : Covers damages to or theft of equipment used on the job site.

Risk 52

Risk Broker-Agent Insurance Insurer 52

Distinguished

AUGUST 26, 2024

Under-construction buildings can be prone to fire, vandalism, and theft, which can end up costing their backers and owners millions. Distinguished’s Builder’s Risk Program covers all kinds of buildings in Michigan, including single-family homes , mixed-use buildings , and commercial properties.

Risk 52

Risk Broker-Agent Insurance Insurer 52

Distinguished

OCTOBER 15, 2024

Builder’s Risk Insurance covers property during the course of construction, whether it’s a new build or renovation. Distinguished’s Builder’s Risk Policy Our Builder’s Risk policy covers building costs, foundations, onsite materials, off-site materials in transit, fixtures, equipment, and temporary structures like scaffolding.

Policy 52

Policy Risk Broker-Agent Liability 52

Property Insurance Centre

MAY 20, 2024

Importance of Accurate Declared Value It is vital that the block management company ensures the flats are insured for the correct rebuilding cost , as this value can increase each year depending on rising costs of materials and labour, as well as new building regulations.

Building 52

Building Liability Insurance Insurer 52

Distinguished

SEPTEMBER 17, 2024

So, for example, on a new build if they’re 30 to 60 days in, we can consider that risk. For example, on a remodeler’s project, the second floor has collapsed, or the overall integrity of the building looks compromised. We can consider a prior start if it’s in the early stages of the project. Loss experience.

Risk 52

Risk Broker-Agent Deductible Insurance 52

Property Insurance Centre

NOVEMBER 11, 2024

Think about security – The safer a property is from theft and the better the deterrent, often will lead to lower premiums, reasonable excesses and generally better terms. For example, many commercial buildings and retail business will often have large theft excesses applied, as a result of theft & malicious damage claims.

Insurance 52

Insurance Insurer Insured Premium 52

Property Insurance Centre

DECEMBER 23, 2024

Having a Fully maintained Theft Alarm Having a Fire Alarm Having Grilles & Shutters on ground floor accessible windows CCTV both internally and externally Anti ram raid road bollards These may be some of the more common protections that most of us will have heard of. So it is essential you check urgently if you have not done so already.

Commercial Property 52

Commercial Property Insurance Insurer Insured 52

Jackson & Jackson

APRIL 26, 2024

Understanding Commercial Property Insurance Commercial property insurance is designed to cover properties such as office buildings, shopping centers, industrial buildings, and apartments. Equipment Breakdown : Covers loss due to the breakdown of machinery like elevators or HVAC systems, which are critical for commercial buildings.

Commercial Property 52

Commercial Property Property Insurance Commercial Business Interruption 52

Distinguished

SEPTEMBER 10, 2024

This includes projects that involve: Betterments Renovations New Construction We also insure a variety of building types, including single-family homes , mixed-use buildings , and commercial properties. If you want a quote for your client today, sign up with us and submit your business online through our Broker Portal.

Risk 52

Risk General Liability Broker-Agent Insurance 52

Property Insurance Centre

AUGUST 8, 2024

Even with a building becoming an unoccupied office , there will be some important conditions that one must comply with, to ensure you remain on the right side of the insurance company. Essentially, the cover you lost will re re-applied to your office buildings policy – such as theft or malicious damage for example will no longer be excluded.

Insurance 52

Insurance Insurer Insured Premium 52

Jackson & Jackson

MAY 22, 2024

With the right insurance coverage, investors can mitigate financial losses resulting from unforeseen events such as fires, storms, theft, or vandalism. This can help investors attract quality tenants and build trust in the property’s management, which can contribute to the property’s long-term success.

Property Insurance 52

Property Insurance Commercial Property Commercial Insurance 52

Property Insurance Centre

AUGUST 28, 2024

Some insurers may give cover to the likes of a Convenience Store for example, but will remove theft cover or malicious damage cover, without an adequate alarm system in place. Established in 1976, we are not a call centre but a specialist insurance broker with a traditional office mentality, where the client comes first.

Insurance 52

Insurance Insurer Insured Property Insurance 52

ProWriters

JULY 25, 2024

As a Cyber Insurance broker, you can learn from their mistakes to help protect your clients. AT&T Telecommunications company AT&T suffered a massive breach that exposed almost all of its 109 million customers to an increased risk of identity theft. Transparency builds trust and mitigates long-term reputational damage.

Protection 53

Protection Cyber Damage Broker 53

Jackson & Jackson

APRIL 10, 2024

It covers the physical structure of your building and its contents against fire, theft, and some natural disasters. The post 5 Essential Considerations for Insurance When Buying or Investing in Commercial Property appeared first on Jackson & Jackson Insurance Agents and Brokers.

Commercial Property 52

Commercial Property Commercial Business Interruption Out-Of-Pocket Expense 52

Zywave

DECEMBER 10, 2024

According to the Identify Theft Resource Center , thats an almost 75% increase over the year before. But as a commercial broker or MGA, you are in a unique position. As a commercial broker, youre in the position to serve as an industry expert for your clients. And cyber-attacks arent just increasing in frequency.

Cyber 52

Cyber Risk Commercial Broker 52

Property Insurance Centre

JANUARY 30, 2024

Block of flats insurance typically focuses on buildings insurance , which covers the physical structure of the property. In addition to buildings insurance , it is also important to consider additional covers such as public liability, landlord home emergency , and legal cover. What is Block of Flats Insurance?

Building 52

Building Insurance Insurer Insured 52

Cover4LetProperty

JANUARY 21, 2023

Why won’t standard home building and contents cover suffice, for example? Before considering just what landlords’ insurance covers, it may be helpful to understand why this specialist insurance product is needed in the first place. And that also means taking a look at the role of the landlord with a buy to let business.

Insurance 52

Insurance Insurer Insured Damage 52

Risk Management Monitor

OCTOBER 25, 2022

A strong EPL policy and relationship with insurance carrier and broker can help during this time where unemployment may swing back the other way. The priority should always be to find the best vendors and build long-standing relationships with them. This is the time to leverage that trust.

Risk 40

Risk Insurance Insurer Insured 40

Protect Commercial Insurance

MARCH 14, 2025

With the right commercial insurance broker and a comprehensive property coverage plan, you’ll rest easy knowing your business is well-protected. Key components typically include: – Building Coverage : Protects the physical structure of your business property, including walls, roof, fixtures, and fittings.

Commercial Property 52

Commercial Property Property Insurance Commercial Business Interruption 52