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5 Types of Insurance for Retail Stores

Central Insurance

Learn about the essential types of insurance for retail stores and how to protect against risks like theft, liability, and property damage. The post 5 Types of Insurance for Retail Stores appeared first on Central Insurance Blog.

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Insurance Considerations When Expanding Your Business to a New Location

Mark Jackson Insurance Agency

From property protection to liability coverage, ensuring your business insurance policies align with your expansion is critical. Without the right coverage, unforeseen challenges—such as property damage, employee injuries, or legal issues—could put your investment at risk. This coverage is required in most states.

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Landlord Insurance in Colorado: Coverages, Costs, and Benefits

Distinguished

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.

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

Distinguished

The damage is extensive, and tenants are forced to relocate while repairs are underway. However, with opportunity comes risk: property damage, liability claims, and unexpected financial losses can quickly turn a profitable investment into a costly liability. In Chicago alone, more than 2.7

Broker 52
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Fifth Circuit Holds That Sales Tax is Not a Component of Actual Cash Value

The Property Insurance Law Observer

The policyholder’s contract provided: Limit of liability A. Our limit of liability for loss will be the lesser of the: 1. Actual cash value of the stolen or damaged property less the deductible; or 2. Payment of loss We may pay for loss in money or repair or replace the damaged or stolen property. LEXIS 18240 (5th Cir.

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Renovations and Home Insurance: What You Need to Know

Boyle Agency Insurance

It provides coverage for property damage and theft of building materials during the renovation process. A safe renovation environment can help prevent liability claims on your insurance. Hire Licensed Contractors: Ensure that contractors and workers are licensed and insured to minimize liability risks.

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

Distinguished

Unlike single-family homes, apartment complexes face heightened risks damage from one unit can quickly spread to others, liability claims can stem from common areas, and evolving building codes can demand costly upgrades. The court awarded her a staggering $13 million in damages.