Jackson & Jackson

APRIL 29, 2024

Commercial property insurance is a significant expense for property investors and owners. This article outlines practical tips and strategies to help commercial property owners in California minimize their insurance expenses while maintaining adequate protection for their investments.

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Shield Insurance Agency

AUGUST 20, 2024

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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Frankenmuth Insurance

JULY 25, 2024

What are the coverage limits and deductibles? What deductible do I have to meet before my coverage kicks in? Can I adjust my deductible down the road? If I use vehicles for my business, do I need commercial auto insurance? What additional riders and endorsements are available that could benefit my business?

Agents 57

Agents Deductible Premium Claim 57

Shield Insurance Agency

APRIL 19, 2024

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.

Auto Insurance 52

Auto Insurance Deductible Out-Of-Pocket Insured 52

Distinguished

MARCH 20, 2025

It also shows that being aware of any separate deductibles for wind or hail is an important part of assessing your clients coverage options. What Does Distinguisheds Insurance for Apartment Building Owners Cover? We offer coverage up to a limit of $1 million.

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Jackson & Jackson

MAY 22, 2024

Multi-unit commercial properties in California offer investors the potential for significant returns. Investors must understand the importance of securing comprehensive commercial property insurance coverage to protect their investments. It ensures that investors are not navigating the insurance process alone.

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Property Insurance Commercial Property Commercial Insured 52

Bankers Insurance

SEPTEMBER 12, 2023

By: Dwight West | Commercial Insurance Advisor dwest@bankersinsurance.net | (757) 591-3166 WHAT IS SUBROGATION? In this scenario, you file a claim using your collision coverage and receive a check from your insurer to cover the repair costs, minus your deductible. HOW LONG DOES SUBROGATION TAKE?

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Protect Commercial Insurance

OCTOBER 4, 2024

Furthermore, if loan costs increase sharply, this might discourage property buying, thereby reducing the number of new insurance policies. Existing owners might also opt for cost-saving measures, such as increasing deductibles or tweaking coverage levels, in response to fluctuating interest rates-linked costs.

Property Insurance 52

Property Insurance Out-Of-Pocket Premium Insured 52

Frankenmuth Insurance

JANUARY 16, 2025

This is also a good time to think through your current coverage limits, deductibles, and exclusions and how theyre working for you. Make notes of new locations, new products, team growth, and consolidations to share with your agent. Step 3: Start a conversation early. The earlier you start planning, the better.

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Jackson & Jackson

MAY 23, 2024

Tips to Reduce Your Business Insurance Costs Shopping Around for the Best Rates One of the most effective ways to save money on small business insurance in California is by shopping around. Obtain quotes from multiple insurers, comparing their coverage options, limits, and deductibles.

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Protect Commercial Insurance

OCTOBER 25, 2024

Reflect on: – How much you can comfortably allocate from your business budget for insurance premiums. – Potential deductibles and what’s financially viable if you need to make a claim. It’s like finding a sweet spot—insurance that doesn’t overspend your resources but still offers peace of mind.

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Jackson & Jackson

APRIL 28, 2024

Cheaper policies can come with higher deductibles, more exclusions, and lower coverage limits, which could cost more in the long run. Work with a reputable insurance broker who understands the unique needs of property investors. How to Avoid It: Shop around and compare policies based on price and coverage.

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Property Insurance Centre

SEPTEMBER 25, 2024

If you have a low credit score, you may be considered a higher risk and could face higher insurance premiums as a result. By understanding these factors, you can take steps to reduce your insurance costs, such as choosing a higher deductible or improving the condition of your property.

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Smart Insurance Agents

AUGUST 19, 2024

There might also be deductibles to pay before the coverage starts. Also, your current stage in the Part D coverage phases—like deductible, initial coverage, coverage gap (or “ donut hole “), and catastrophic coverage—affects your out-of-pocket costs for the drug. Part D plans usually have copayments or coinsurance.

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Protect Commercial Insurance

MAY 30, 2024

Commercial Car Insurance If your business owns vehicles or uses them for business purposes, commercial car insurance is a must-have coverage. Commercial car insurance also provides coverage for physical damage to your vehicles caused by collisions, theft, vandalism, or other covered perils.

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Cyber Business Insurance Business Interruption Professional Liability Insurance 52