The Property Insurance Law Observer

SEPTEMBER 23, 2024

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]

Damage 130

Damage Business Interruption 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.

Workers Compensation 52

Workers Compensation Liability Inland Marine Insurance Property Damage 52

Distinguished

MAY 19, 2025

Restaurant owners face a complex set of risks that can disrupt operations and threaten profitability. From kitchen fires and equipment breakdowns to liability claims and utility outages, restaurants operate in an environment where a single incident can lead to costly interruptions or legal exposure.

Policy 40

Policy Business Owners Policy General Liability Liability 40

Scott Insurance

FEBRUARY 19, 2025

However, affordable housing developers focused on rehabilitating, or rehabbing, older properties face many challenges beyond the risks associated with new construction. If heavy machinery is used in proximity to the existing apartment buildings, it raises the potential for accidents or property damage.

Underwriting 52

Underwriting Underwriter Insurance Insured 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.

Home Insurance 45

Home Insurance Theft License Insurance 45

Distinguished

FEBRUARY 24, 2025

In this guide, well break down how Distinguisheds restaurant insurance addresses the specific risks faced by Charlottes restaurant owners. Contaminated food: Even the most diligent restaurants run the risk of food contamination leading to customer illness, which can leave them vulnerable to lawsuits.

Liability 52

Liability Liability Insurance Insurance Insured 52

Shield Insurance Agency

AUGUST 20, 2024

Shield Insurance Blog | Small Insurance Claims | Contact Our Sales Team! Small Insurance Claims Can Raise Premiums Small insurance claims, such as those for minor property damage, may seem like a hassle to deal with. However, filing small insurance claims can have long-term financial consequences.

Insurance Claim 52

Insurance Claim Claim Protection Out-Of-Pocket 52

Paragon Independent Insurance Agencies

FEBRUARY 28, 2025

Owning a business means taking on risks, but the right insurance coverage can help safeguard your hard work. Identifying Your Business’s Key Risks Different businesses face different challenges. At Paragon Independent Insurance Agency, we provide businesses in the greater Plano, TX area with various commercial insurance products.

Commercial Insurance 40

Commercial Insurance Commercial Insurance Agency Cyber 40

Distinguished

APRIL 29, 2025

of residents Colorado is a great place to own landlord-managed properties. Although cities like Denver, Boulder, and Colorado Springs have thriving real estate markets, owning rental properties still comes with risks, making rental property insurance essential.

Liability 52

Liability Financial Loss Insurance Insured 52

Distinguished

APRIL 21, 2025

However, with opportunity comes risk: property damage, liability claims, and unexpected financial losses can quickly turn a profitable investment into a costly liability. Distinguisheds coverage options, cost factors, and tailored solutions are designed to protect Chicagos property owners.

Broker 52

Broker Liability Broker-Agent Building 52

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.

Claim 52

Claim Property Damage Building Property Insurance 52

Distinguished

SEPTEMBER 25, 2024

An increase in construction also means an increase in financial risk. All of which can cost their property or business owners millions of dollars in losses without adequate insurance coverage. This is why the popularity of Builder’s Risk insurance is growing. What Does Distinguished’s Builder’s Risk Cover?

Risk 52

Risk Broker-Agent Insurance Insured 52

The Property Insurance Law Observer

FEBRUARY 14, 2024

The insureds suffered property damage caused by a tornado and subsequently submitted a claim to their insurer. Several statutes refer to windstorms and tornadoes as distinct risks: Tex. Texas cases have uniformly applied windstorm coverage to damage caused by tornadoes. —Dallas Jan. Code § 542A.001(2)(C)

Policy 130

Policy Deductible Damage Property Damage 130

Distinguished

SEPTEMBER 10, 2024

From hurricanes on the Gulf Coast to rapid urban development in cities like Birmingham and Huntsville, the need for comprehensive Builder’s Risk Insurance has never been more critical. To address these diverse risks, Distinguished’s Builder’s Risk Program offers tailored solutions for Alabama’s construction needs.

Risk 52

Risk General Liability Broker-Agent Insurance 52

Simply Insurance

JUNE 12, 2025

And whether youre a first-time landlord or have years of experience, you know that rental property insurance is necessary, but the cost varies depending on where you may live and the insurance company you choose. Property owners may have to consider additional protection against these sorts of claims.

Insurance Quotes 94

Insurance Quotes Life Insurance Insurance Insured 94

Simply Insurance

JUNE 11, 2025

And whether youre a first-time landlord or have years of experience, you know that rental property insurance is necessary, but the cost varies depending on where you may live and the insurance company you choose. Property owners may have to consider additional protection against these sorts of claims.

Insurance Quotes 86

Insurance Quotes Life Insurance Insurance Insured 86

Distinguished

AUGUST 26, 2024

However, alongside all of this construction comes large financial risks. For this reason, the need for comprehensive Builder’s Risk Insurance solutions is growing. Distinguished’s Builder’s Risk Program covers all kinds of buildings in Michigan, including single-family homes , mixed-use buildings , and commercial properties.

Risk 52

Risk Broker-Agent Insurance Insured 52

Freeway Insurance

JANUARY 3, 2025

These drivers are often seen as higher risk by insurers, which can lead to higher premiums even before the 2025 hike. On January 1, 2025, California raised its minimum liability insurance requirements, nearly doubling the mandatory coverage for bodily injury and property damage.

Auto Insurance 98

Auto Insurance Premium Liability Insurance 98

Jackson & Jackson

JANUARY 10, 2024

Property Damage : Traditional cyber policies typically don’t cover physical damage caused by cyber events. General Liability Insurance: to help cover claims your business caused property damage or bodily injury. This can be a critical gap for tech companies with significant physical assets.

Liability Insurance 52

Liability Insurance Cyber Liability Property Damage 52

Simply Insurance

JUNE 10, 2025

And whether youre a first-time landlord or have years of experience, you know that rental property insurance is necessary, but the cost varies depending on where you may live and the insurance company you choose. Property owners may have to consider additional protection against these sorts of claims.

Insurance Quotes 72

Insurance Quotes Life Insurance Insurance Insured 72

Simply Insurance

JUNE 9, 2025

And whether youre a first-time landlord or have years of experience, you know that rental property insurance is necessary, but the cost varies depending on where you may live and the insurance company you choose. Property owners may have to consider additional protection against these sorts of claims.

Insurance Quotes 59

Insurance Quotes Life Insurance Workers Comp License 59

Simply Insurance

JUNE 10, 2025

And whether youre a first-time landlord or have years of experience, you know that rental property insurance is necessary, but the cost varies depending on where you may live and the insurance company you choose. Property owners may have to consider additional protection against these sorts of claims.

Insurance Quotes 64

Insurance Quotes Life Insurance Insurance Insured 64

Scott Insurance

JANUARY 28, 2022

While insurance coverage is typically relied upon for many property-related losses, there remains a disconnect about how mold claims are often handled by the insurance industry. Risk Management Considerations There are many factors that come into play when considering the environmental conditions that lead to the growth of mold.

General Liability 52

General Liability Deductible Liability Property Damage 52

ProWriters

APRIL 3, 2024

Today’s dynamic business environment and litigious society pose several risks to businesses. Understanding E&O Insurance Errors and Omissions (E&O) Insurance is liability coverage protecting professionals against claims for negligence, errors, or mistakes made in the course of their work. What does EPLI not cover?

Liability 52

Liability Cyber Claim Policy 52

Jackson & Jackson

APRIL 26, 2024

Investing in commercial property in California can be a lucrative venture, but it also comes with its unique set of risks and responsibilities. One of the most crucial aspects to consider is commercial property insurance. This is crucial if someone is injured on your property.

Commercial Property 52

Commercial Property Property Insurance Commercial Business Interruption 52

LexisNexis

JANUARY 28, 2025

Learn about discovery and coverage issues and cases involving damages to construction projects and the ways to prove who was at fault. Read now » Related Content Design and Construction Defect Claims: Overview and Defense Strategies Discover the basics of a defect claim against a designer or contractor.

Commercial General Liability 40

Commercial General Liability General Liability Property Damage Injury 40

LexisNexis

JANUARY 28, 2025

Learn about discovery and coverage issues and cases involving damages to construction projects and the ways to prove who was at fault. Read now » Related Content Design and Construction Defect Claims: Overview and Defense Strategies Discover the basics of a defect claim against a designer or contractor.

Commercial General Liability 40

Commercial General Liability General Liability Property Damage Injury 40

Protect Commercial Insurance

SEPTEMBER 20, 2024

It covers you against claims of property damage, personal injury, or negligence. Without this insurance, not only do you face the risk of hefty compensation claims, but you could also incur significant fines from regulatory bodies. Assessing Business Risks Every business is unique and so are its risks.

Liability Insurance 52

Liability Insurance Liability Insurance Insured 52

Simply Insurance

JUNE 11, 2025

And whether youre a first-time landlord or have years of experience, you know that rental property insurance is necessary, but the cost varies depending on where you may live and the insurance company you choose. Property owners may have to consider additional protection against these sorts of claims.

Insurance Quotes 59

Insurance Quotes Life Insurance Insurance Insured 59

Simply Insurance

JUNE 12, 2025

And whether youre a first-time landlord or have years of experience, you know that rental property insurance is necessary, but the cost varies depending on where you may live and the insurance company you choose. Property owners may have to consider additional protection against these sorts of claims.

Insurance Quotes 52

Insurance Quotes Life Insurance Insurance Insured 52

Simply Insurance

JUNE 10, 2025

And whether youre a first-time landlord or have years of experience, you know that rental property insurance is necessary, but the cost varies depending on where you may live and the insurance company you choose. Property owners may have to consider additional protection against these sorts of claims.

Insurance Quotes 52

Insurance Quotes Life Insurance Insurance Insured 52

Triple-I: Homeowners Insurance

NOVEMBER 5, 2024

Every dollar invested in disaster resilience could save 13 in property damage, remediation, and economic impact costs, suggesting risk mitigation and recovery strategies will become even more essential as natural catastrophe severity increases.

Premium 59

Premium Risk Property Damage Damage 59

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. Reduce liability risks.

Home Insurance 52

Home Insurance Policyholder Out-Of-Pocket Insurance 52

Cover4LetProperty

JANUARY 29, 2024

Essentially, insurance is about risk and a calculation of the probability of loss or damage being suffered by the insured item or items. 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.

Home Insurance 52

Home Insurance Insurance Insured Insurer 52

Protect Commercial Insurance

NOVEMBER 22, 2024

The cost of commercial insurance is generally based on several factors, such as the type and size of your business, its location, and the specific risks involved. Without insurance, your business could face catastrophic financial loss from property damage, theft, or a lawsuit. Small businesses face their own unique set of risks.

Commercial Insurance 52

Commercial Insurance Commercial Cyber Insurance 52

Mark Jackson Insurance Agency

NOVEMBER 22, 2024

While your business may only operate for part of the year, risks like property damage, liability claims, or equipment theft don’t follow a calendar. Start by evaluating your specific risks. Failing to update your policy can leave gaps in coverage that expose your business to unnecessary risk.

Business Interruption 52

Business Interruption Theft Liability Insurance 52

Simply Insurance

JUNE 11, 2025

And whether youre a first-time landlord or have years of experience, you know that rental property insurance is necessary, but the cost varies depending on where you may live and the insurance company you choose. Property owners may have to consider additional protection against these sorts of claims.

Insurance Quotes 52

Insurance Quotes Life Insurance Insurance Insured 52