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. Katie is based in Rhode Island.

Broker 52

Broker License Insurance Broker Risk 52

Distinguished

APRIL 14, 2025

Transit-related risks : Whether traveling for appraisals, exhibitions, or repairs, rare guitars face an increased risk of loss, theft, or damage and many policies wont cover transit losses. Accidental damage : Guitars, especially old ones, can be fragile. Distinguished covers damage caused by drops, falls, or other mishaps.

Insurance 52

Insurance Insured Insurer Policy 52

Distinguished

FEBRUARY 24, 2025

Based on our decades of experience in this industry, here are some of the top exposures we see restaurants facing in markets like Charlotte: Fire damage: Fire is a constant risk in hot kitchens, and even a small incident could lead to heavy repair bills and a temporary closure.

Liability 52

Liability Liability Insurance Insurance Insured 52

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. She oversees the programs strategic planning, product management, and underwriting profitability.

Building 52

Building Broker Damage Insurance Broker 52

TGS

NOVEMBER 12, 2024

TGS Insurance » Blog Unlocking a Smart Home Insurance Discount: How Your Gadgets Can Lower Your Premiums If you’ve recently dipped a toe into the world of smart home technology, you’re likely familiar with the benefits of convenience. A smart water leak detector can sense leaks early and alert you before significant damage occurs.

Home Insurance 52

Home Insurance Premium Insurance Insured 52

Distinguished

MARCH 21, 2025

Other issues include mold and water damage often due to unrepaired leaks or excessive moisturewhich can create an unhealthy environment. Structural issues including unstable porches, broken stairs, damaged roofs, or cracked wallscan compromise the safety of a building. Structural problems are also a significant concern.

Building 52

Building Insurance Broker Broker Damage 52

Triple-I: Business Insurance

AUGUST 11, 2022

The property & casualty insurance industry’s combined ratio – an indicator of underwriting profitability – is forecast at 100.7 Combined ratio represents the difference between claims and expenses paid and premiums collected by insurers. We forecast 2022 P&C premium growth of 8.5 for 2022, up 1.2 percent,” Porfilio said.

Underwriting 40

Underwriting Underwriter Workers Compensation Premium 40

Distinguished

MARCH 17, 2025

With infractions ranging from heating failures to illegal conversions, understanding these issues is essential for assessing risk and underwriting policies. Then we have mold and water damage , often stemming from persistent leaks and damp conditions in older buildings. Another common violation is pest infestations.

Broker 52

Broker Insurance Broker Building Underwriting 52

Distinguished

AUGUST 12, 2024

This includes coverage for: General liability : Covers legal costs and damages that arise from lawsuits related to this construction, renovation, or betterment project. Under-construction buildings : Covers damages to buildings or structures that are under construction, renovation, or undergoing betterment.

Risk 52

Risk Broker-Agent Insurance Insured 52

Property Insurance Centre

JANUARY 4, 2024

Inflation drives up property valuations , construction costs , and insurance premiums. Weather Conditions and Natural Disasters Since 1980, there have been 360 weather- and climate-related natural catastrophes , resulting in damages and costs of over $2.57 Reinsurance costs are impacted by escalating weather events and high inflation.

Property Insurance 52

Property Insurance Commercial Property Liability Insurance 52

Distinguished

AUGUST 5, 2024

These drawbacks include: No protections outside the home : If a collectible goes missing or is damaged while it is outside of your client’s home, like on the way to auction, then it may not be covered.  If your client owns a toy that is worth tens of thousands of dollars, they might not be reimbursed for the full cost should it get damaged. 

Broker 52

Broker Insurance Insured Insurer 52

TGS

SEPTEMBER 11, 2023

The South Carolina Wind and Hail Underwriting Association, also known as Wind Pool, is an association of insurance providers. This covers any damage caused by wind or hail events. With replacement cost coverage, a flood policy must also be active at the time of the damage, or else there will be actual cash value coverage.

Insurance 52

Insurance Insured Insurer Out-Of-Pocket 52

TGS

OCTOBER 3, 2023

Quotes that are ready quickly are usually based on a small subset of information, then the initial baseline quote is refined during the underwriting process. A lot of factors go into calculating your home insurance premium. Total Premium 11. At TGS Insurance, your free home insurance quote is instant! Insurance Company 2.

Insurance Quotes 52

Insurance Quotes Deductible Home Insurance Out-Of-Pocket 52

Distinguished

SEPTEMBER 10, 2024

This includes damages that arise from: Fires Theft Vandalism Weather events We are also proud to offer coverages beyond property damage for buildings, temporary structures, and building materials. Industry Leaders : As a top Builder’s Risk insurer nationwide, we offer your clients enduring stability and premium coverage options.

Risk 52

Risk General Liability Broker-Agent Insurance 52

Property Insurance Centre

NOVEMBER 11, 2024

” or can’t get the insurance you deserve for that matter – insurance with reasonable premiums and without unnecessary restrictions. In other cases, it will be due to underwriting appetite of insurers and their ever changing attitudes to risk. Maintain your property regularly – A well maintained property will lead to less claims.

Insurance 52

Insurance Insured Insurer Premium 52

Distinguished

JULY 22, 2024

Theft, damage during transport, or accidental breakage can devastate a collection that has taken years to assemble. So, if a piece is stolen or damaged while being transported for appraisal or exhibition, it likely wouldn’t be covered. We understand the unique risks and how to best insure these special items.

Insurance 52

Insurance Insured Insurer Policy 52

Distinguished

MARCH 6, 2025

In Los Angeles, housing code violations present challenges that affect property safety, compliance, and insurance underwriting. Along with this, mold and water damage often due to leaking pipes, poor ventilation, or roof damageposes serious health hazards if not promptly repaired. Pest infestations are also widespread.

Building 52

Building Damage Insurance Broker Underwriting 52

Property Insurance Centre

AUGUST 8, 2024

However, if it goes more long term the insurers can at worst pull cover entirely leaving you to search the market for an alternative, or perhaps apply more stringent conditions and charge a rather large additional premium – usually refundable on a pro-rata basis, assuming you are able to let the property out again!

Insurance 52

Insurance Insured Insurer Premium 52

Triple-I: Workers Compensation

MARCH 21, 2023

Group captives recruit safety-conscious companies with better-than-average loss experience, with each member’s premium based on its own most recent five-year loss history. Each owner makes a modest initial capital contribution,” states the paper, Group Captives: An Opportunity to Lower Cost of Risk.

Workers Compensation 40

Workers Compensation Premium Liability General Liability 40

Jackson & Jackson

MAY 22, 2024

It covers property damage, loss of income, liability claims, etc. For instance, a policy might cover repairing or replacing a roof damaged by a storm or the value of stolen office equipment. For instance, properties in high-risk areas for wildfires or earthquakes may require additional coverage or face higher premiums.

Property Insurance 52

Property Insurance Commercial Property Commercial Insurance 52

Distinguished

SEPTEMBER 25, 2024

Vandalism : Intentional damage to the job site by third parties, including things like broken glass or graffiti. Property damage : Damages to the building that is being constructed or renovated. Equipment : Covers damages to or theft of equipment used on the job site.

Risk 52

Risk Broker-Agent Insurance Insured 52

TGS

NOVEMBER 25, 2024

Here’s how it can help if things don’t go quite as planned: Property Protection: Whether it’s smoke damage in the kitchen or a full-scale rebuild after a larger fire, insurance can cover repair and replacement costs. Here’s the thing: no one expects a fire to happen in their home, but it’s better to be prepared than caught off guard.

Protection 52

Protection Home Insurance Policy Insurance Agency 52

Freeway Insurance

OCTOBER 26, 2023

Your age, driving record, and the insurance regulations in the state in which you live are among the chief determining factors that will set your premiums. There are several factors that come together to make premiums more expensive for big-city and suburban drivers. What Other Factors Determine What I’ll Pay for Auto Insurance?

Crime 52

Crime Auto Insurance Insurance Insured 52

Jackson & Jackson

AUGUST 16, 2024

Homeowners insurance is a crucial financial safety net for homeowners, providing protection in the event of property damage, loss of personal belongings, or liability for injuries that occur on the premises. These events can cause extensive damage to homes and properties, leading insurers to be more cautious in providing coverage.

Insurance 52

Insurance Insured Insurer Risk 52

Distinguished

NOVEMBER 7, 2024

In the event of a default, the principal must indemnify the surety for any costs or damages paid out to resolve the breach. The surety’s role is complex, as it must diligently assess the risks associated with underwriting bonds. The principal’s primary responsibility is to fulfill the contractual obligations to the obligee.

Claim 52

Claim Compensation Risk Broker-Agent 52

Protect Commercial Insurance

DECEMBER 6, 2024

With more frequent natural disasters like floods and wildfires, companies are increasingly vulnerable to physical damages and operational disruptions. Additionally, expect insurers to reward companies that demonstrate environmental stewardship through lower premiums or specialised incentives.

Commercial Insurance 52

Commercial Insurance Commercial Insurance Insured 52

InsuredMine

MAY 5, 2025

The Importance of Accurate Underwriting and Pricing in Insurance In the fast-paced world of insurance, accurate underwriting and pricing are fundamental to success. Insurers who fail to ensure accuracy face significant risks, including financial losses, customer dissatisfaction, and reputational damage.

Underwriting 52

Underwriting Underwriter Financial Loss Premium 52

Distinguished

MARCH 25, 2025

This kind of coverage ensures each piece is protected at its full appraised value and accounts for risks unique to collectible decoys, such as accidental damage, theft, and environmental factors like humidity and warping. A standard homeowner’s or renter’s policy isnt enough. Ready to get started?

Deductible 52

Deductible Insurance Insured Insurer 52