The Property Insurance Law Observer

AUGUST 22, 2024

Background The plaintiff-insured provided residential and day habilitation services in a property covered by a commercial package insurance policy issued by the defendant-insurer. During the policy period, the insured’s floor “sunk” between eight to 12 inches. This prompted the insured to submit a claim.

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Building Commercial Property Damage Policy 130

Mark Jackson Insurance Agency

MARCH 19, 2025

Brick commercial office building by Binyamin Mellish Expanding your business to a new location is an exciting step toward growth, but it also introduces new risks. From property protection to liability coverage, ensuring your business insurance policies align with your expansion is critical.

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Workers Compensation Liability Property Damage Injury 52

Protect Commercial Insurance

MAY 24, 2024

While you may have the basic insurance policies in place, such as property and general liability insurance, there are several other essential insurance policies that you might be overlooking. That’s why it’s crucial to consider other insurance policies to protect your business comprehensively.

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Property Insurance Centre

SEPTEMBER 11, 2024

What does a Lift Inspection Policy cover? What does a Lift Inspection Policy cover in conjunction with a Purpose Built Flats Insurance Policy? Lift Inspection policies will often accompany a Purpose Built Flats Insurance Policy, and for good reason.

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Insurance Policy Policy Boiler and Machinery Insurance 52

Distinguished

APRIL 9, 2025

A Managing General Agent (MGA) is a specialized type of insurance intermediary that has underwriting authority granted by an insurer. Unlike agents or brokers, MGAs can bind coverage, price policies, and handle claims they essentially act as an extension of an insurer.

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Distinguished

MARCH 19, 2025

For buildings constructed before June 13, 1979, strict rent control laws apply. These include unstable buildings, unsafe stairways, or poorly maintained common areas like balconies and porches. Once a report is filed, the Department of Building Inspection (DBI) conducts an inspection. First, there are Rent Control Violations.

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Property Insurance Centre

FEBRUARY 10, 2025

What Perils Are Covered by Commercial Property Insurance? Commercial property insurance is essential for businesses to protect their assets from unforeseen events. Get a Quote Insurance under one roof We are specialists in many types of insurance GET YOUR QUOTE GET YOUR QUOTE What Perils Are Covered by Commercial Property Insurance?

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Commercial Property Property Insurance Commercial Boiler and Machinery 52

Paragon Independent Insurance Agencies

DECEMBER 27, 2024

Understanding how local regulations near Plano, TX can influence your homeowner’s insurance policy is essential to protect and preserve your coverage. At Paragon Independent Insurance Agency, we can help you better understand how local regulations and home insurance policies are impacted together in Plano, TX.

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Mark Jackson Insurance Agency

JULY 8, 2024

However, amidst the excitement, it's crucial to undertake precautions to avoid common pitfalls that could lead to home insurance claims. This can lead to significant water damage, a common cause of home insurance claims. It's essential to ensure that your home insurance policy covers the new additions to your home.

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Property Insurance Centre

JANUARY 27, 2025

The quick answer is yes, you can insure your block of flats even if youre not the freeholder, but the process and your responsibilities depend on your ownership type and lease agreement. Steps to Take Check the Lease Agreement: This document will outline who is responsible for insuring the building.

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Protect Commercial Insurance

OCTOBER 11, 2024

As our climate continues to evolve, we’re seeing significant impacts on buildings and the businesses that inhabit them. These impacts not only affect the day-to-day operations of companies but also play a crucial role in shaping the insurance policies designed to protect these properties.

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Commercial Property Commercial Insurance Policy Policy 52

Freeway Insurance

DECEMBER 24, 2024

Once you purchase your first house and set up a homeowners insurance policy , you may think that your insurance needs will be taken care of for as long as you own the house. However, reviewing your home insurance policy on a regular basis is essential if you want to fully protect your property.

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Home Insurance Insurance Policy Policy Insurance 52

Final Expense Brokerage

MAY 10, 2024

Share: Understanding the Role of a Life Insurance Agent As a life insurance agent, your primary role is to help individuals and families protect their financial future by providing them with suitable life insurance policies. Stay in touch: Maintain regular communication with your clients to build long-term relationships.

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Protect Commercial Insurance

APRIL 11, 2025

Types of Coverage Available Commercial property insurance usually provides several types of coverage, allowing businesses to tailor policies to their precise requirements: – Building Coverage : Protects the physical structure of your business, including fixtures and fittings.

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Commercial Property Property Insurance Commercial Insurance 52

Boyle Agency Insurance

FEBRUARY 3, 2025

Contact your insurance provider to discuss adjusting your policy to cover the updated value of your property. Failing to do so could leave your home underinsured in the event of a claim. Builder’s Risk Insurance For major renovations or construction projects, builder’s risk insurance can be invaluable.

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Distinguished

MARCH 20, 2025

For instance, problems with roofs and exterior wallssuch as cracks, leaks, or deteriorating materialscan weaken a buildings overall integrity, while foundation issues like uneven or shifting bases create serious safety hazards. These resources are invaluable for both property owners and insurance brokers when assessing risk.

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Property Insurance Centre

JULY 21, 2024

Our Claims Partner, Aspray, Wins Loss Assessor of the Year 2024 We are delighted but not surprised to announce that our claims partner, Aspray, has won the prestigious “Loss Assessor of the Year 2024” award at the British Claims Awards.

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Claim Property Damage Building Property Insurance 52

Property Insurance Centre

MARCH 21, 2025

Growing Property Market with Diverse Building Types Manchester has seen rapid urban development, especially in areas like Ancoats, Salford Quays, and Deansgate, with a mix of modern high-rises and older converted mills. Insurers may want clear information on who is arranging the policy and responsible for claims.

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Final Expense Brokerage

NOVEMBER 30, 2024

In final expense insurance, agents often deal with sensitive questions that touch on the client’s financial worries, family security, and end-of-life concerns. Navigating these questions with empathy and understanding is crucial, as it helps build trust and reassures clients during an emotionally charged process.

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Property Insurance Centre

JANUARY 30, 2025

Because of these risks, many standard building insurance policies may not fully cover an unoccupied flat for extended periods, typically beyond 30-60 days. Get a Quote Insurance under one roof We are specialists in many types of insurance GET YOUR QUOTE GET YOUR QUOTE What Type of Insurance Do You Need?

Property Insurance 52

Property Insurance Insurance Insurer Insured 52

American Agents Alliance

JULY 17, 2024

Every part of the insurance lifecycle is changing in the digital age, including the handling of claims. Agents and brokers play important roles in the digital claims management process, from educating policyholders on loss mitigation to helping insureds file claims and work with their insurers.

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Property Insurance Centre

MARCH 11, 2025

Many insurers require more detailed valuations and risk assessments due to the higher sums insured. Greater Risk of Fire and Cladding Issues Following Grenfell Tower , insurers are more cautious about buildings with cladding, especially in London, where many high-rises have fire safety concerns.

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Final Expense Brokerage

MARCH 29, 2024

By listening to them, you can build a strong connection and demonstrate that their opinions are valued. Keep them updated on information, policy adjustments, and industry developments. If you commit to providing a quote by a deadline or resolving a claim matter, ensure you do so promptly.

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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. This can apply to a total loss (e.g. damage caused by a leak).

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PSM Brokerage

JANUARY 29, 2025

Related: How to Build a Winning Client Retention Strategy ) 2. Communicate Clearly and Consistently Insurance policies can be complex, and clients appreciate an agent who can explain them in simple terms. Consistent, clear communication helps build trust and reduces misunderstandings.

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Insurance Agent Insurance Agents Agents Insurance 66

Final Expense Brokerage

AUGUST 5, 2024

Provide educational resources such as guides, FAQs, and blog posts that help them understand their insurance coverage better. This not only builds trust but also positions you as a knowledgeable and reliable advisor. These resources are designed to help you get the most out of your coverage.”

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Tosten Marketing

APRIL 3, 2025

As we move forward, we’ll explore how content marketing can further enhance your agency’s digital presence and build trust with potential clients. How Content Marketing Builds Trust and Authority The Power of Informative Blog Posts Blog posts allow insurance agencies to showcase expertise and provide value to their audience.

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The Property Insurance Law Observer

FEBRUARY 14, 2024

29, 2024)), the Court determined that the term “windstorm” was ambiguous as utilized in the subject insurance policy. The insureds suffered property damage caused by a tornado and subsequently submitted a claim to their insurer. —Dallas Jan. Wind speeds during a Windstorm typically exceed 55 km (34 miles) per hour.

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Property Insurance Centre

JANUARY 30, 2024

Freehold Block of Flats Insurance: Top Cover Tips If you own a freehold block of flats , it’s crucial to have the right insurance coverage to protect your investment. Standard home insurance policies may not provide adequate protection for the unique risks associated with a block of flats.

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P&L Financial Services

AUGUST 29, 2024

Myth 1: Senior Benefits Agents Are Just Salespeople One of the biggest misconceptions about senior benefits agents is that their job is solely about selling insurance policies. This career is deeply rooted in building relationships and providing compassionate service. This variety keeps the work interesting and dynamic.

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Risk Management Monitor

AUGUST 30, 2021

First, establish a plan that includes clearly defined roles and responsibilities for preventative measures to protect your building, employees or tenants in the event of a hurricane. From a property perspective, ensure that your buildings and structures are adequately protected to mitigate potential damage. Read the Fine Print.

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Risk Damage Building Business Interruption 74

Tosten Marketing

MARCH 3, 2025

Stay on top of insurance industry trends and share relevant updates with your audience. For example, if a new type of cyber insurance policy gains traction, explain how it could benefit your clients. Leverage Visual Content for Complex Topics Insurance can be a complex subject, but visuals make it more digestible.

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Insurance Agency Insurance Insurer Insured 52

Mark Jackson Insurance Agency

MAY 21, 2024

While operating a business from home offers convenience and flexibility, it also necessitates careful consideration of insurance needs. Traditional home insurance policies often fall short of covering the unique risks associated with running a business from home. Read the full article at www.markjacksoninsurance.com

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Liability Business Interruption Home Insurance Professional Liability Insurance 52

Friendly Agent

SEPTEMBER 21, 2020

Deciding which product to sell On your way to becoming the full-fledged insurance agent, among the things you will have to do is to decide which products you will sell. You may find various types of personal insurance and commercial insurance policies. There are Property and Casualty, Life/health insurance, and more.

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Cover4LetProperty

OCTOBER 9, 2022

That’s when you will turn to your landlord insurance policy for support and financial assistance. When you are purchasing your landlord insurance policy, there might be a natural temptation to get it over and done with as fast as possible so that you can continue with your normal daily business.

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Bankers Insurance

MAY 16, 2024

These policies can provide critical financial security as homeowners seek to protect their fiscal stability and property. The homeowners insurance market is complicated and dynamic, and many policyholders have experienced increased rates in recent years despite no changes to their coverage or claims filed. WHAT HAPPENED IN 2023?

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Jackson & Jackson

APRIL 10, 2024

It covers the physical structure of your building and its contents against fire, theft, and some natural disasters. Make sure to understand the specific perils covered by your policy, as not all natural disasters might be included. Liability Insurance Liability insurance is essential for any commercial property owner.

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