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Explaining Deductibles After Multiple Florida Hurricanes

Insurance Journal

Deductibles serve several purposes. They make insureds less likely to file smaller claims because either damage falls within the deductible, or is so close to it that the policyholder would rather not … They provide some premium relief for the insured.

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What Is A Home Insurance Deductible?

Simply Insurance

How Much Is A $100,000 Life Insurance Policy? Learn everything you need to know about your home insurance deductible, their options, and how they work! Well, here’s the thing: Figuring out how your homeowners insurance deductible works isn’t complicated and it almost works like any other deductible. Agents not required.

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Helping Clients Navigate Marketplace Open Enrollment | Solstiuce

Solstice Insurance Broker

Brokers should advocate for clients year-round, assisting with claims and policy updates. Be the Lighthouse In the often murky waters of insurance jargon and policy complexities, your role as an insurance broker is akin to a lighthouse. This means assisting with any claims issues and answering coverage questions.

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Why Museums Should Buy a Stand-Alone Fine Art & Collectibles Policy

Distinguished

While adding these items to a property or package policy might seem convenient, museums face unique exposures that such generalized policies often fail to address. A stand-alone Fine Art & Collectibles insurance policy is designed to provide museums with comprehensive coverage of the items and their vulnerabilities.

Policy 52
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Court Finds Policy Term, “Windstorm,” to be Ambiguous in Coverage Dispute Involving Tornado

The Property Insurance Law Observer

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. The Windstorm or Hail deductible does not apply to coverage under 7. —Dallas Jan. Loss of Use.

Policy 130
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Common Commercial Insurance Mistakes (and How to Avoid Them)

Mark Jackson Insurance Agency

From underinsuring key assets to misunderstanding policy exclusions, commercial insurance missteps can leave your business exposed to financial loss. 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. In many cases, it doesn’t.

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Best Landlord Insurance In Wyoming For Your Rental Property!

Simply Insurance

How Much Is A $100,000 Life Insurance Policy? However, bear in mind that the final price will vary for all landlords depending on where you reside, your building, liability coverage options, your credit history, deductible, and other plan options. Deductibles - A deductible is another alternative that you may customize to your budget.