Distinguished

MARCH 20, 2025

Other common violations include sanitation and plumbing issues , such as leaking pipes that lead to water damage and mold growth, as well as problems with sewage and drainage systems. Even if some violations are eventually addressed, a history of non-compliance can still lead to higher premiums.

Broker

Simply Insurance

JUNE 23, 2025

They offer various discounts, including multi-policy discounts, that can save you money on your premium. Home insurance covers your personal property and liability if you are legally liable for injuries or damages caused to someone else. Plus, their customer service is top-notch, and they have an A.M.

Home Insurance

Simply Insurance

JUNE 15, 2025

They offer various discounts, including multi-policy discounts, that can save you money on your premium. Home insurance covers your personal property and liability if you are legally liable for injuries or damages caused to someone else. In Arizona, homeowners insurance covers your physical home, such as your roof or structural damage.

Home Insurance

Distinguished

MARCH 20, 2025

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.

Building

TGS

JULY 25, 2025

That’s what you’d get if it’s stolen or damaged. Replacement value (or replacement cost value, RCV) is what it would cost to buy a brand-new version of your lost or damaged item today, without worrying about depreciation. Premium Costs : ACV policies usually have lower premiums, making them easier on your budget.

Out-Of-Pocket

Distinguished

MARCH 6, 2025

Along with this, mold and water damage often due to leaking pipes, poor ventilation, or roof damageposes serious health hazards if not promptly repaired. Even if some violations are eventually addressed, a history of non-compliance can still lead to higher premiums. Pest infestations are also widespread.

Building

Distinguished

MAY 19, 2025

General liability coverage protects against third-party claims involving bodily injury, property damage, or advertising injury from slip-and-fall accidents to food-related complaints. Liquor Liability Coverage Distinguisheds BOP offers liquor liability coverage for eligible restaurants. What Doesn’t a BOP Cover?

Policy

AMAXX

JULY 15, 2025

Understanding the real impact of frequency versus severity on your experience modification factor (mod) is crucial if you want to keep your insurance premiums under control. Click Link to Access Free PDF Download “How to Calculate Your Minimum Experience Mod, Controllable Premium & the Revenue Impact” A mod of 1.00

Workers Comp

Distinguished

MAY 6, 2025

This guarantees businesses arent left vulnerable to losses from theft, damage, or accidents. A stolen excavator can delay an entire construction project, a damaged HVAC system in transit can leave a building unfinished, and a trucking accident can result in both vehicle loss and undelivered cargo.

Inland Marine Insurance

Specialty Insurance

JULY 22, 2025

Underwriters approach beneficiary-trustee coverage with increased caution, often imposing higher premiums, coverage restrictions, or declining coverage entirely. The appearance of conflicts can be just as damaging as actual conflicts, leading to costly litigation regardless of the trustee's actual conduct.

Damage

Simply Insurance

JUNE 17, 2025

They offer various discounts, including multi-policy discounts, that can save you money on your premium. Home insurance covers your personal property and liability if you are legally liable for injuries or damages caused to someone else. What Type Of Damage Do Home Insurance Companies Cover In Arkansas?

Home Insurance

AMAXX

JUNE 17, 2025

Here’s why that matters: No indemnity payments = dramatically lower claim costs No lost time = claim is not classified as a lost-time claim Lower cost = improved experience mod and insurance premiums It’s not just about dollars. You can’t act on them until the damage is already done. times more likely to have a mod above 1.1.

Workers Comp

Triple-I: Homeowners Insurance

MAY 13, 2025

Insurers underwrite and price coverage based on the risks theyre assuming, and rising premiums in these states have pushed more homeowners into residual market mechanisms, such as state-backed insurance pools or agencies. Reliance on these funds which often provide more limited coverage at higher costs is not sustainable in the long term.

Risk

Distinguished

MARCH 10, 2025

The policy covers the following: Direct Physical Loss or Damage : This includes accidental damage, vandalism, fire, theft, natural disasters, and other unexpected incidents. For example, a sculpture damaged during a public event or a painting harmed in transit for an exhibition would be covered with a stand-alone policy.

Policy

Distinguished

MARCH 19, 2025

Mold & Water Damage are also major concerns; leaks or excessive moisture can lead to mold growth that poses health risks. Even if some violations are eventually addressed, a history of non-compliance can still lead to higher premiums. Insurers view these violations as signs of deferred maintenance and increased risk.

Building

Simply Insurance

JULY 17, 2025

They offer various discounts, including multi-policy discounts, that can save you money on your premium. Home insurance covers your personal property and liability if you are legally liable for injuries or damages caused to someone else. Plus, their customer service is top-notch, and they have an A.M.

Home Insurance

Simply Insurance

JULY 18, 2025

They offer various discounts, including multi-policy discounts, that can save you money on your premium. Home insurance covers your personal property and liability if you are legally liable for injuries or damages caused to someone else. Plus, their customer service is top-notch, and they have an A.M.

Home Insurance

Simply Insurance

JULY 18, 2025

They offer various discounts, including multi-policy discounts, that can save you money on your premium. Home insurance covers your personal property and liability if you are legally liable for injuries or damages caused to someone else. Plus, their customer service is top-notch, and they have an A.M.

Home Insurance

Property Insurance Centre

FEBRUARY 10, 2025

Whether you own an office building, a retail store, a warehouse, or a manufacturing facility, this type of coverage safeguards your physical assets, ensuring financial stability in the face of damage or loss. ” If a peril is explicitly listed in the policy, the insurer will cover the damage it causes.

Commercial Property

TGS

APRIL 23, 2025

The Rising Tide of Roof Claims Several factors contribute to the surge in roof claims: Wind and Hail Damage: These elements were the primary drivers of loss costs, accounting for over half of all residential claims in 2024. Aging Roofs: Approximately 38% of U.S. Longer Claim Resolution Times: The average claim cycle time has reached 32.4

Claim

Triple-I: Homeowners Insurance

FEBRUARY 13, 2025

Homeowners in Georgia’s most climate-risk-vulnerable counties , such as the coastal and most southern parts of the state, can face double-digit premium hikes or nonrenewals. Property damage liability claims per 100 insured vehicles are 15 percent higher, and relative body injury claims frequency is 60 percent higher.

Commercial General Liability

Mark Jackson Insurance Agency

JUNE 16, 2025

Choosing the Wrong Deductible It’s tempting to choose a higher deductible to lower your premium, but that can backfire in the event of a claim. Not Getting Proof of Insurance from Vendors or Subcontractors If a subcontractor causes damage or injury, your business could be held liable if that subcontractor is not properly insured.

Commercial Insurance

TGS

FEBRUARY 28, 2025

What if that charming house has a history of costly water damage, roof issues, or even fire damage? fire, water damage, theft), amount paid, and current claim status. A property with multiple water damage claims might have ongoing plumbing issues. But what if theres more to the story? Whats in a Loss History Report?

Claim

Simply Insurance

JUNE 17, 2025

They offer various discounts, including multi-policy discounts, that can save you money on your premium. Home insurance covers your personal property and liability if you are legally liable for injuries or damages caused to someone else. Plus, their customer service is top-notch, and they have an A.M.

Home Insurance

American Agents Alliance

APRIL 3, 2025

For example, the cost of repairing damaged property like vehicles and homes could increase because these items rely on imported goods, which will be more expensive after tariffs are increased. Rising expenses could perhaps cause higher insured values, leading to policy adjustments and higher premiums. Education is often the first step.

Agents

Cowbell

APRIL 16, 2025

Cowbell MDR SOC-as-a-Service actively works to reduce your risk and mitigate incidents before they cause damageoften lowering your insurance exposure and premium over time. With proactive security in place, youre in a far better position to avoid the potential high costs and reputational damage of a breach.

Cyber

Protect Commercial Insurance

JULY 18, 2025

It’s not about doing something on purpose – it’s about carelessness that leads to damage. And finally, there must be damages – a real injury or financial loss. Even if you never intended harm, a single incident can lead to hefty legal fees, compensation payouts, reputational damage and higher premiums in future.

Liability

AMAXX

MAY 27, 2025

If you’re serious about lowering premiums, reducing claim durations, and improving outcomes for injured workers, start by identifying and correcting these ten common pitfalls. Believing Workers Comp Is Just a Cost of Doing Business This mindset is perhaps the most damaging. Avoid It : Shift your mindset.

Workers Comp

Distinguished

JUNE 2, 2025

Some of the most common claims we see in the state include: Frozen pipes in winter that cause water damage to basements or walls. Wind or hail damage to siding and roofing systems. Winter brings heavy snowfall and cold temperatures, and with it, ice dams and frozen pipes, which can cause significant property damage. 

Liability

Simply Insurance

JUNE 12, 2025

An Open Peril Policy means your coverage will cover damage caused by anything other than items on the prohibited list. Property Damage Standard rental insurance includes this sort of coverage to repair or replace your property after a covered loss, such as fire, vandalism, or natural calamity. Is landlord rental insurance worth it?

Insurance Quotes

Simply Insurance

JUNE 10, 2025

An Open Peril Policy means your coverage will cover damage caused by anything other than items on the prohibited list. Property Damage Standard rental insurance includes this sort of coverage to repair or replace your property after a covered loss, such as fire, vandalism, or natural calamity. Is landlord rental insurance worth it?

Insurance Quotes

Simply Insurance

JUNE 28, 2025

They offer various discounts, including multi-policy discounts, that can save you money on your premium. Home insurance covers your personal property and liability if you are legally liable for injuries or damages caused to someone else. Plus, their customer service is top-notch, and they have an A.M.

Home Insurance

Simply Insurance

JUNE 28, 2025

They offer various discounts, including multi-policy discounts, that can save you money on your premium. Home insurance covers your personal property and liability if you are legally liable for injuries or damages caused to someone else. In Maine, homeowners insurance covers your physical home, such as your roof or structural damage.

Home Insurance

Simply Insurance

JUNE 11, 2025

An Open Peril Policy means your coverage will cover damage caused by anything other than items on the prohibited list. Property Damage Standard rental insurance includes this sort of coverage to repair or replace your property after a covered loss, such as fire, vandalism, or natural calamity. Is landlord rental insurance worth it?

Insurance Quotes

Simply Insurance

JUNE 9, 2025

An Open Peril Policy means your coverage will cover damage caused by anything other than items on the prohibited list. Property Damage Standard rental insurance includes this sort of coverage to repair or replace your property after a covered loss, such as fire, vandalism, or natural calamity. Who Should Buy Minnesota Rental Insurance?

Insurance Quotes

Simply Insurance

JUNE 12, 2025

An Open Peril Policy means your coverage will cover damage caused by anything other than items on the prohibited list. Property Damage Standard rental insurance includes this sort of coverage to repair or replace your property after a covered loss, such as fire, vandalism, or natural calamity. Who Should Buy Wyoming Rental Insurance?

Insurance Quotes

Simply Insurance

JUNE 16, 2025

They offer various discounts, including multi-policy discounts, that can save you money on your premium. Home insurance covers your personal property and liability if you are legally liable for injuries or damages caused to someone else. In Alaska, homeowners insurance covers your physical home, such as your roof or structural damage.

Home Insurance