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What Is a Percentage Deductible in Insurance?

Central Insurance

Learn what percentage deductibles are, how they work, and their impact on property-owners in disaster-prone regions. The post What Is a Percentage Deductible in Insurance? appeared first on Central Insurance Blog.

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How To Save Money On Your Commercial Insurance

Protect Commercial Insurance

Introduction Running a business comes with its fair share of expenses, and one of those is commercial insurance. This guide will teach you practical ways to save money on your commercial insurance. Having the right insurance policy is vital for the continuity and smooth operation of any business. The good news?

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The Importance of Commercial Property Insurance for UK Small Businesses

Protect Commercial Insurance

For example, combining commercial property insurance with general liability insurance might save you money. – Increase Deductibles : Opting for a higher deductible can lower your premium. However, ensure you can afford the deductible in the event of a claim.

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How Regular Equipment Maintenance Can Help Prevent Costly Claims

Mark Jackson Insurance Agency

Whether its commercial HVAC units, manufacturing machinery, kitchen appliances, or company vehicles, equipment failures can bring work to a halt, and in some cases, trigger insurance claims with potentially high deductibles. Thats why regular equipment maintenance is about more than efficiency.

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A Comprehensive Guide to Understanding Commercial Property Insurance

Protect Commercial Insurance

– Premiums and Deductibles : Clarify how much you need to pay and under what circumstances deductibles apply. Author: Matt Duffy The post A Comprehensive Guide to Understanding Commercial Property Insurance first appeared on Protect Commercial Insurance.

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Protect Your Finances: The Truth About Small Insurance Claims

Shield Insurance Agency

As a result, the insurance company may raise your premiums to offset the potential risk. Loss of Discounts: Deductibles Frequent claim filing can also lead to the loss of discounts you may have earned, such as claims-free discounts. Additionally, small claims often require you to pay a deductible.

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Navigating Michigan Auto Insurance: Understanding Collision Coverage

Shield Insurance Agency

This coverage pays for damages to your vehicle regardless of fault, meaning that even if you are at fault for the accident, your insurance will cover the repair costs up to the actual cash value of your vehicle, minus your deductible. The deductible is the amount you must pay out-of-pocket before your insurance coverage kicks in.