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Understanding and Preparing for a Premium Audit

Central Insurance

Many commercial insurance policies require a premium audit at the end of the term to match your coverage with actual business activity. The post Understanding and Preparing for a Premium Audit appeared first on Central Insurance Blog. Here's what to expectand how to make the process go smoothly.

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Why Your Home Insurance Premium Increased by 20% – Even If Only Your Neighbor’s House Burned Down 

Agency Height

Insureds Why Your Home Insurance Premium Increased by 20% – Even If Only Your Neighbor’s House Burned Down Get quotes from verified agents easily. Agency Height July 31, 2025 For Insureds Key Takeaways Insurance premiums are based on shared risk, not just your individual home. Sounds unfair?

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Mistakes in setting sums insured / declared value where the Insured elects an Indemnity Period of less than 12 months.

Prof. Allan Manning

As such, it would not make sense for an insurer to offer to cover the full amount of 75% of all claims plus the first 3 months of all other claims and only charge 25% of the premium they would charge for a client who elected to insure for 12 months.

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Home Statistics

Simply Insurance

The information provided on this site has been created by Simply Insurance ® for general, informational, and educational purposes. Any insurance policy premium quotes or ranges displayed are non-binding. We do our best to ensure that this information is up-to-date and accurate.

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Shield your Business with our Protection

Shield Insurance Agency

Business insurance can be complex, and at Shield Insurance Agency, we are dedicated to helping you navigate and understand these complexities. Our experience allows us to identify discounts, helping you bundle policies and potentially save money on your premiums.

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Common Commercial Insurance Mistakes (and How to Avoid Them)

Mark Jackson Insurance Agency

How to avoid it: Make sure your property is insured at replacement cost, not actual cash value. Choosing the Wrong Deductible It’s tempting to choose a higher deductible to lower your premium, but that can backfire in the event of a claim. Conduct regular reviews to update building, contents, and inventory limits.

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Personal Finance Statistics

Simply Insurance

The information provided on this site has been created by Simply Insurance ® for general, informational, and educational purposes. Any insurance policy premium quotes or ranges displayed are non-binding. We do our best to ensure that this information is up-to-date and accurate.