Remove Broker Remove Damage Remove General Liability
article thumbnail

Landlord Insurance in Chicago, Illinois: Everything Brokers and Property Owners Need to Know

Distinguished

The damage is extensive, and tenants are forced to relocate while repairs are underway. However, with opportunity comes risk: property damage, liability claims, and unexpected financial losses can quickly turn a profitable investment into a costly liability. In Chicago alone, more than 2.7

Broker 52
article thumbnail

HOA Insurance: Everything You and Your Clients Need to Know

Distinguished

They’re composed of dozens of families, include shared public amenities, and spend hundreds of thousands of dollars on renovations, repairs, and general maintenance each year. You need to understand the general provisions and features that underpin sound, comprehensive coverage. However, getting HOAs the right insurance isn’t easy.

52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Business Owner’s Policy for Restaurants

Distinguished

A Business Owners Policy, commonly known asa BOP bundles essential protections like property, general liability, and liquor liability into one streamlined solution. General Liability Coverage Restaurants are high-traffic spaces.

Policy 40
article thumbnail

Best Landlord Insurance In Wyoming For Your Rental Property!

Simply Insurance

An Open Peril Policy means your coverage will cover damage caused by anything other than items on the prohibited list. If youre renting a property, your landlord insurance policy will cover the structure and land and provide enhanced general liability insurance to ensure you dont have to worry about legal costs.

article thumbnail

Best Landlord Insurance In West Virginia For Your Rental Property!

Simply Insurance

An Open Peril Policy means your coverage will cover damage caused by anything other than items on the prohibited list. If youre renting a property, your landlord insurance policy will cover the structure and land and provide enhanced general liability insurance to ensure you dont have to worry about legal costs.

article thumbnail

Best Landlord Insurance In Maryland For Your Rental Property!

Simply Insurance

An Open Peril Policy means your coverage will cover damage caused by anything other than items on the prohibited list. If youre renting a property, your landlord insurance policy will cover the structure and land and provide enhanced general liability insurance to ensure you dont have to worry about legal costs.

article thumbnail

The Importance of Commercial Property Insurance for UK Small Businesses

Protect Commercial Insurance

This essential coverage acts as a safety net, protecting your investments from unexpected setbacks like theft, damage, or natural disasters. Definition and Scope Commercial property insurance is a policy designed to protect businesses from financial losses related to damage or destruction of their physical assets.