Distinguished

JUNE 30, 2025

Here are some of the key exposures restaurant insurance can help address for businesses in South Carolina: Kitchen fires: With open flames, hot equipment, and constant activity, restaurant kitchens are a major fire risk. Even small fires can result in expensive property damage and lengthy closures.

Liability

ProWriters

JULY 30, 2025

Loss of Customer Trust When attacks occur, retail businesses can lose consumer trust. Losing credit card details and other sensitive customer data in a cyber incident can lead to reputational damage that takes years to repair. Repairing damaged systems, recovering lost data, and updating cyber security measures all cost money and time.

Cyber

Distinguished

FEBRUARY 24, 2025

Based on our decades of experience in this industry, here are some of the top exposures we see restaurants facing in markets like Charlotte: Fire damage: Fire is a constant risk in hot kitchens, and even a small incident could lead to heavy repair bills and a temporary closure.

Liability

Distinguished

MAY 13, 2025

Here is a list of the coverages that many hotels need: General liability : A basic GL policy helps cover claims associated with everyday business activities such as guests falling on premises, damage to guest property, restaurant operations, and accidents related to recreational activities. Fire damage. One real-world example?

Broker

Insurance Journal

JANUARY 22, 2025

million in claimed business income losses after a building fire damaged almost 1,000 of its marijuana plants and shuttered one of its “flowering” rooms. A cannabis growing company has lost its bid to have its insurer cover $1.3 A federal …

Damage

Risk Management Monitor

AUGUST 30, 2021

Striking on the same date that Hurricane Katrina devastated the region 16 years ago, Ida caused significant wind damage, storm surge and flooding in Louisiana and Mississippi and has left 1 million homes and businesses without power, including the entire city of New Orleans.

Risk

Protect Commercial Insurance

JANUARY 10, 2025

From property damage and liability to business interruption cover, clients get everything under one roof. Building Reputation and Credibility When brokers build successful referral partnerships, they bolster their reputation and credibility. A strong network indicates reliability and solid industry standing.

Building

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. It provides coverage for physical damage to your property and any loss of income due to business interruption.

Commercial Property

Paragon Independent Insurance Agencies

MAY 27, 2024

These events may include property damage, liability claims from work-related injuries, break-ins, or business interruption. Protection of Business Property Commercial insurance protects all business property, including buildings on the land, equipment in the yard, inventory, and other assets owned by the company.

Commercial Insurance

Protect Commercial Insurance

MAY 24, 2024

In this article, we will explore five often overlooked insurance policies that can provide valuable coverage for your business. General Liability Insurance General liability insurance is a fundamental policy that covers your business against claims of bodily injury, property damage, and personal injury.

Insurance Policy

Paragon Independent Insurance Agencies

NOVEMBER 15, 2024

It covers legal expenses and damages related to accidents, injuries, or negligence claims on your business premises. The Importance of Property Insurance Property insurance covers your business’s physical assets, such as buildings, equipment, and inventory.

Business Insurance

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

Protect Commercial Insurance

NOVEMBER 15, 2024

There are several types that cater to different aspects of a business: – Property Insurance : This covers physical assets like buildings, equipment, and inventory against damages. – Liability Insurance : Protects businesses against claims of negligence or harm caused by their products or services.

Commercial Insurance

Property Insurance Centre

JANUARY 16, 2025

Flood damage can include physical destruction of property, inventory loss, and business interruption costs, making insurance a vital component of risk management. Business Interruption: Compensation for lost income during downtime caused by flooding.

Commercial

Mark Jackson Insurance Agency

MAY 21, 2024

The Crucial Role of Liability Coverage One of the main concerns for any business, including those based at home, is liability. Commercial liability insurance protects against claims resulting from injuries or damages to people or property during business operations. Read the full article at www.markjacksoninsurance.com

Liability

Risk Management Monitor

NOVEMBER 9, 2022

Any storm that damages power lines, gas lines or electrical systems, puts you and your business at risk due to fire, electrocution or explosion. Before entering a building that has suffered wind or flood damage, conduct a preliminary inspection to make sure it is stable. Proceed With Caution. Rebuilding and Restoring.

Damage

Protect Commercial Insurance

NOVEMBER 22, 2024

Without insurance, your business could face catastrophic financial loss from property damage, theft, or a lawsuit. Some protect against property damage, while others focus more on liability issues. For instance, standard commercial insurance might cover damages from a fire, but do you have coverage for theft or cyber-attacks?

Commercial Insurance

Protect Commercial Insurance

JUNE 27, 2024

Insurance policies such as property, liability, and professional indemnity can provide a crucial safety net, making it essential for businesses of all sizes. This type of insurance doesn’t grant carte blanche coverage for all possible interruptions. However, this type of insurance typically has defined limits and exclusions.

Commercial Insurance

Jackson & Jackson

MAY 22, 2024

It covers property damage, loss of income, liability claims, etc. “The Basics of Multi-Family Property Insurance” Commercial property insurance typically covers the building structure, fixtures, equipment, furniture, and inventory located within the property.

Property Insurance

Protect Commercial Insurance

OCTOBER 25, 2024

Familiarising yourself with the various types can help you craft the most effective insurance package: – General Liability Insurance : Covers third-party bodily injury, property damage, and advertising injuries. – Business Interruption Insurance : Compensates for lost income if your business operations halt due to a covered event.

Business Insurance

Protect Commercial Insurance

DECEMBER 6, 2024

Climate Change and Environmental Liability Climate change represents another significant risk for businesses in 2025. With more frequent natural disasters like floods and wildfires, companies are increasingly vulnerable to physical damages and operational disruptions.

Commercial Insurance

Risk Management Monitor

DECEMBER 3, 2021

According to the report, this underscores the imperative to develop robust risk management strategies for both current and emerging risks and to focus on building resilience. Consider that during the pandemic even organizations with thorough business continuity plans struggled.

Risk

Protect Commercial Insurance

MAY 30, 2024

In this article, we will explore different types of insurance coverage that can help safeguard your business from property damage, liability claims, cyber threats, and more. Let’s dive in and discover the insurance options that are essential for your business’s protection.

Cyber

Protect Commercial Insurance

MARCH 14, 2025

Definition and Purpose Commercial property insurance, at its core, is a type of insurance policy designed to protect business properties from various risks. These can include damage due to fires, break-ins, vandalism, and certain natural disasters. – Fire Damage : Covers repairs and replacements after a fire.

Commercial Property