Property Insurance Centre

SEPTEMBER 25, 2024

Top Building Insurance Pitfalls Here are some common pitfalls to avoid when getting building insurance in the UK: – Underinsuring. Insure your building at the amount that it will cost to rebuild it and not at the current market value when securing block of flats insurance. – Not considering inflation.

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Protect Commercial Insurance

APRIL 11, 2025

This type of policy covers a wide array of potential hazards, including fire, theft, vandalism, and certain natural disasters. – Environmental Liability Coverage : Particularly useful for businesses dealing with hazardous materials, covering clean-up costs from damage caused by pollution.

Commercial Property 52

Commercial Property Property Insurance Commercial Insurance 52

Property Insurance Centre

FEBRUARY 10, 2025

Whether you own an office building, a retail store, a warehouse, or a manufacturing facility, this type of coverage safeguards your physical assets, ensuring financial stability in the face of damage or loss. Fire and Smoke Damage One of the most significant risks to any business, fire can destroy buildings, equipment, and inventory.

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Commercial Property Property Insurance Commercial Boiler and Machinery 52

Property Insurance Centre

MARCH 11, 2025

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. Higher Crime Rates and Security Concerns London experiences more burglary, vandalism, and theft claims compared to rural or suburban areas.

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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. Who is Considered an Employee?

Building 52

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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 52

Liability Business Interruption Home Insurance Professional Liability Insurance 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

Protect Commercial Insurance

MAY 24, 2024

As a business owner, it’s crucial to protect your business from potential risks and liabilities. 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.

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Distinguished

OCTOBER 15, 2024

Builder’s Risk Insurance covers property during the course of construction, whether it’s a new build or renovation. However, it will not be covered for liability claims under a Builder’s Risk policy since that policy is not designed to cover the contractor’s operations, such as poor workmanship or negligence.

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Paragon Independent Insurance Agencies

MAY 27, 2024

Commercial insurance is vital for protecting business property, assets, and operations from various risks and liabilities around Plano, TX. These events may include property damage, liability claims from work-related injuries, break-ins, or business interruption. It is critical to understand how to determine what is covered.

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Commercial Insurance Commercial Protection Business Interruption 40

Paragon Independent Insurance Agencies

NOVEMBER 15, 2024

Understanding General Liability Insurance General liability insurance is a must-have for any business. The Importance of Property Insurance Property insurance covers your business’s physical assets, such as buildings, equipment, and inventory.

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Business Insurance Business Interruption Professional Liability Insurance General Liability 40

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.

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Commercial Risk Broker-Agent Building 52

Cover4LetProperty

JANUARY 29, 2024

Risk is assessed with respect to the likelihood of loss or damage leading the insured to make a claim, since the settlement of claims paid out to the insured represent a liability for the insurer. At its simplest, therefore, a home is a home, whilst let property is a business asset.

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Home Insurance 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. Liability Protection : Protects against claims of property damage or personal injury caused by you or your operations.

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Commercial Property Property Insurance Commercial Business Interruption 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?

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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.

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Risk Broker-Agent Insurance Insurer 52

Cover4LetProperty

DECEMBER 1, 2023

Covered risks Home insurance: Typically covers the structure of the home, contents, personal possessions, and liability for the homeowner. Liability Home insurance: Provides liability coverage for the homeowner in case someone is injured on the property. fire, flood) and tenants are unable to occupy the premises.

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Home Insurance Insurance Insurer Insured 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. Our program also offers your clients general liability insurance, which can help cover legal costs that can occur on work sites. 

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Risk General Liability Broker-Agent Insurance 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. Property and Liability products are distributed through a national network of agents and brokers.

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Risk Broker-Agent Deductible Insurance 52

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. A tech startup, for instance, might prioritise cybersecurity insurance, whereas a café may need more coverage for property and liability.

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Commercial Insurance Commercial Cyber Insurance 52

Jackson & Jackson

APRIL 10, 2024

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

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

Protect Commercial Insurance

OCTOBER 25, 2024

Think about the everyday operations of your business: – Are there physical locations that require protection from natural disasters or theft? – Is there a high level of professional liability in your operations? – Property Insurance : Protects physical assets from perils like fire, theft, and vandalism.

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Business Insurance Liability Insurance Liability Policy 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.

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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.

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TGS

OCTOBER 3, 2024

Similarly, if the cost of building materials rises—something we’ve seen in recent years—insurance costs could also increase. These features reduce the risk of significant damage or theft, meaning less risk for the insurance company. This is because some dog breeds are statistically more likely to be involved in liability claims.

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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

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 52

Commercial Insurance Commercial Protection Business Interruption 52

Cover4LetProperty

JANUARY 21, 2023

Why won’t standard home building and contents cover suffice, for example? It protects the principal business asset – the property and its contents – and many of the additional risks and liabilities that go with being a landlord. And that also means taking a look at the role of the landlord with a buy to let business.

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Insurance Insurer Insured Damage 52

Jackson & Jackson

MAY 22, 2024

It covers property damage, loss of income, liability claims, etc. With the right insurance coverage, investors can mitigate financial losses resulting from unforeseen events such as fires, storms, theft, or vandalism. A comprehensive insurance policy that includes essential coverage, such as fire, theft, and liability, is crucial.

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Property Insurance Commercial Property Commercial Insurance 52

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. For example, a small retail shop could face severe repercussions from events such as fire, theft, or customer injuries on premises.

Commercial Insurance 52

Commercial Insurance Commercial Cyber Business Interruption 52

Cover4LetProperty

NOVEMBER 3, 2024

At first glance, there might seem little difference between a dwelling in which the owner occupier lives and one that is let to a tenant – despite the difference in tenure, both are homes, with a building and its contents broadly vulnerable to similar risks and perils.

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Insurance Insurer Insured Home Insurance 40

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.

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Insurance Insurer Insured Property Insurance 52

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. There are various types of liability insurance, including general liability, product liability, and professional liability.

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Cyber Business Insurance Business Interruption Professional Liability Insurance 52

Cover4LetProperty

AUGUST 23, 2022

It is no longer possible to rely on the owner-occupier home buildings and contents policy that previously offered you protection – you will need to get a fresh quote for specially formulated insurance for landlords. How is let property insurance different from home insurance? What doesn’t buy-to-let insurance cover?

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Insurance Insurer Insured Property Insurance 40

Risk Management Monitor

OCTOBER 25, 2022

With high unemployment and higher costs, this also poses a risk to employment practices liability (EPL) insurers. Claims teams are seeing social inflation across most lines of business today, most prominently in bodily injury, wrongful death, EPL, and sexual abuse/molestation liability. This is the time to leverage that trust.

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Risk Insurance Insurer Insured 40

TGS

JANUARY 28, 2025

Stick to Local Building Codes Renovation projects must comply with your local building codes. Secure the Renovation Area A renovation zone can attract risks like theft or accidents. Contractors should carry liability insurance and workers compensation to protect you from being held liable for damages or injuries.

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