Remove Crime Remove General Liability Remove Out-Of-Pocket
article thumbnail

Landlord Insurance in Chicago, Illinois: Everything Brokers and Property Owners Need to Know

Distinguished

However, with opportunity comes risk: property damage, liability claims, and unexpected financial losses can quickly turn a profitable investment into a costly liability. Without specialized landlord insurance, property owners may find themselves covering substantial repair costs, legal settlements, and lost income out of pocket.

Broker 52
article thumbnail

How To Save Money On Your Commercial Insurance

Protect Commercial Insurance

It provides protection against a plethora of risks, including property damage, liability claims, theft, and even employee injuries. – Liability Insurance: Covers your business in case of lawsuits due to injuries or damages caused as a result of business operations. The good news? You can cut costs without sacrificing coverage.

article thumbnail

Travel Insurance for Businesses

Bankers Insurance

Employers with workers who travel internationally for business purposes should find out exactly what their health plans cover, in the event the employee needs medical treatment overseas. Policies carry about $20 million to $30 million limits, which is generally more than enough to pay a typical ransom.

Insurer 52