Remove Crime Remove Deductible Remove Premium
article thumbnail

A Comprehensive Guide to Understanding Commercial Property Insurance

Protect Commercial Insurance

Does the local crime rate affect security? – Specialisation : Some insurers specialise in certain industries, which could offer you tailored coverages and possibly better premiums. – Premiums and Deductibles : Clarify how much you need to pay and under what circumstances deductibles apply.

article thumbnail

The Importance of Commercial Property Insurance for UK Small Businesses

Protect Commercial Insurance

Factors Influencing Premiums Understanding what affects your insurance premiums can help you make informed decisions. Several factors contribute to the cost of your commercial property insurance premiums: – Location of the Business : A business located in an area prone to crime or natural disasters may face higher premiums.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Business Owner’s Policy (BOP) for Restaurants: Protection from Prep to Plate

Distinguished

Q: Will you consider wine bars or establishments with high liquor-to-food sales ratios due to premium pricing? Q: What are your crime score requirements? A: There are no specific crime score criteria, but we may utilize crime scores in our underwriting process. We do not offer GL deductibles.

article thumbnail

Insurance for Apartment Building Owners: Protecting Your Client’s Investments With the Right Coverage

Distinguished

It also shows that being aware of any separate deductibles for wind or hail is an important part of assessing your clients coverage options. Crime insurance : Protects against financial losses caused by theft, burglary, or employee dishonesty, covering stolen money, securities, or property.

article thumbnail

Business Owner’s Policy (BOP) for Restaurants: Protection from Prep to Plate

Distinguished

Q: Will you consider wine bars or establishments with high liquor-to-food sales ratios due to premium pricing? Q: What are your crime score requirements? A: There are no specific crime score criteria, but we may utilize crime scores in our underwriting process. We do not offer GL deductibles.

article thumbnail

Restaurant Insurance in South Carolina: A Broker’s Guide 

Distinguished

However, to give you an idea of what restaurant insurance might cost , here are what our underwriters will consider when determining an insurance premium quote for your client:  Type of restaurant: The kind of establishment your client runs will affect insurance costs.

article thumbnail

Restaurant Insurance in South Carolina: A Broker’s Guide 

Distinguished

However, to give you an idea of what restaurant insurance might cost , here are what our underwriters will consider when determining an insurance premium quote for your client:  Type of restaurant: The kind of establishment your client runs will affect insurance costs.