Distinguished

APRIL 29, 2025

Hailstorms , winter storms, and tenant-related liabilities can lead to significant financial losses if landlords are not properly insured. Without the right safeguards in place, landlords could face significant financial losses from damages, legal claims, or lost rental income.

Liability 52

Liability Financial Loss Insurer 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. Crime insurance: Safeguards against theft, fraud, and vandalism. In Chicago alone, more than 2.7 Umbrella insurance : Extends liability limits for landlords.

Broker 52

Broker Liability Broker-Agent Building 52

Distinguished

FEBRUARY 24, 2025

Equipment breakdown: A sudden breakdown of refrigeration units, ovens, or HVAC systems can result in both operational disruptions and financial losses for a restaurant. Location risks: Areas with higher crime rates or increased foot traffic face higher premiums.

Liability 52

Liability Liability Insurance Insurer Insured 52

Distinguished

MARCH 20, 2025

Ordinance or law coverage : Covers the cost of repairing or rebuilding structures to meet current building codes after a covered loss, even if the existing structure was not up to code. Crime insurance : Protects against financial losses caused by theft, burglary, or employee dishonesty, covering stolen money, securities, or property.

Building 52

Building Protection Damage Liability 52

Distinguished

MARCH 25, 2025

Without proper coverage, collectors risk significant financial loss if their decoys are stolen, broken, or devalued due to improper restoration. Location: Storing a collection in an area prone to natural disasters or with higher crime rates can increase insurance costs.

Deductible 52

Deductible Theft Insurer Insured 52