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Court Says Loose Bolt Remedied by Tightening Does not Constitute “Direct Physical Loss of or Damage” to Property

The Property Insurance Law Observer

American Guarantee and Liability Insurance Company , the United States District Court for the District of Massachusetts held that a loose bolt or fitting that could be remedied simply by tightening it did not constitute “direct physical loss of or damage” to equipment covered under an all-risk property insurance policy. [1]

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Insurance Considerations When Expanding Your Business to a New Location

Mark Jackson Insurance Agency

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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The Importance of Commercial Property Insurance for UK Small Businesses

Protect Commercial Insurance

Let’s dive into what this type of insurance covers and what you can generally expect. 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. But what exactly does it entail?

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Understanding Retail Shop & Salon Insurance: A Comprehensive Guide for UK Business Owners

Protect Commercial Insurance

Ensuring Compliance with Legal Requirements Another compelling reason to invest in shop and salon insurance is legal compliance. Many types of business insurance, such as Employers Liability Insurance, are legally required in the UK. Neglecting these obligations can lead to hefty fines or legal complications.

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Protect Your Business: 5 Essential Insurance Policies You Might Be Overlooking

Protect Commercial Insurance

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. It provides coverage for accidents that occur on your premises or as a result of your business operations.

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Restaurant Insurance in Charlotte, North Carolina: A Broker’s Guide

Distinguished

In this guide, well break down how Distinguisheds restaurant insurance addresses the specific risks faced by Charlottes restaurant owners. From understanding local exposures to leveraging tailored package policies, youll gain the insider knowledge needed to win your clients trust and business.

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Why Cyber Liability Insurance Matters for Business Owners and Commercial Property Investors in Plano, TX

Paragon Independent Insurance Agencies

As cyberattacks become increasingly prevalent worldwide, it’s crucial for business owners and commercial investors in Plano, TX, to consider cyber liability insurance. Protection From Financial Losses Dealing with business interruptions, disruptions, legal fees, and data breaches can quickly accumulate costs.