Remove Crime Remove Liability Insurance Remove Underwriting
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How Insurance Carriers Use Crime Scores to Assess Risk in the Affordable Housing Industry

Scott Insurance

Many insurance carriers use third-party crime scores to evaluate their exposure to criminal risk when underwriting general liability insurance policies. Thus, affordable housing providers are highly likely to experience a loss of coverage or relatively high insurance premiums.

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Restaurant Insurance in Charlotte, North Carolina: A Broker’s Guide

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Key coverages we offer include: Property insurance: Protection for buildings, equipment, and inventory against fire, theft, and natural disasters. General liability insurance: Coverage for legal claims related to customer injuries or property damage.

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

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This multimillion dollar payout goes far and above many apartment building liability insurance limits and highlights why having comprehensive umbrella insurance to fall back on can be so important for your clients. Employee Benefits Liability insurance steps in to cover the benefits as if the employee had been enrolled.

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Affordable Housing Insurance Challenges: Understanding the Market

Scott Insurance

Uneven investment profits causing insurers to pursue underwriting profit, which translates to stricter underwriting criteria and declined submissions. suburban) and are more susceptible to the use of crime scores when underwriters rate their liability insurance.

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Coalition Helps Cyber Insurance Brokers Protect Clients From Fraud

ProWriters

billion in reported losses , according to the FBIs Internet Crime Report. That number highlights why real-time recovery matters for a Cyber Liability Insurance broker. For brokers selling business Cyber Insurance, having a carrier that simplifies both underwriting and policy structure removes a major barrier to closing deals.

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Builder’s Risk Insurance in Alabama: A Broker’s Guide 

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Our program also offers your clients general liability insurance, which can help cover legal costs that can occur on work sites.  Materials : Certain materials like wood are more prone to fire or mold, making them more expensive to insure.

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Hotel Insurance Costs and Coverages for Brokers

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Robbery and Assaults Hotels are meant to be safe havens for travelers, but like any public space, they can also be targets for violent crime. Crimes like this dont just impact individuals. The following is an overview of the costs behind each coverage type and some of the factors that go into the cost of hotel insurance.

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