Remove Damage Remove Property Damage Remove Risk
article thumbnail

When Vandals Trigger the Sprinklers: The Battle Over Resulting Losses

Property Insurance Coverage Law

When vandals triggered a sprinkler system in a vacant building, flooding it with over one million gallons of water, the result was not just property damage. Instead, it was a lawsuit that put the scope of all-risk commercial property insurance under scrutiny. The case ofEpperson v.

article thumbnail

Employee Dishonesty Claims—How Far Back Does Coverage Extend?

Property Insurance Coverage Law

When businesses think about protecting themselves from risk, they often focus on property damage, natural disasters, or customer lawsuits. However, one of the most damaging and often overlooked threats comes from within: employee theft.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

When Vandals Trigger the Sprinklers: The Battle Over Resulting Losses

Property Insurance Coverage Law

When vandals triggered a sprinkler system in a vacant building, flooding it with over one million gallons of water, the result was not just property damage. Instead, it was a lawsuit that put the scope of all-risk commercial property insurance under scrutiny. The case ofEpperson v.

article thumbnail

Professional Liability Insurance for Freelancers in Germany

Top Insurance Blogs

Over the last decade, I’ve guided hundreds of freelance professionals in Germany to understand the risks and responsibilities that come with self-employment. This coverage doesn’t protect against car collisions or property damage.

article thumbnail

​W​hy Business insurance?

Shield Insurance Agency

Business insurance protects you/your business against various risks and potential financial losses that can arise from unexpected events or claims. Peace of Mind Knowing your business is protected against various risks reduces stress for business owners, allowing you to focus on growth and operations.

article thumbnail

Contractor Insurance is Essential for Home Improvements

Boyle Agency Insurance

Imagine a scenario where a contractor accidentally damages your property or a worker gets injured while working on your home. Let’s explore why verifying contractor insurance matters and how it shields your property during renovations or repairs. Without proper insurance, you could be held liable.

article thumbnail

The Importance of Commercial Property Insurance for UK Small Businesses

Protect Commercial Insurance

This essential coverage acts as a safety net, protecting your investments from unexpected setbacks like theft, damage, or natural disasters. Let’s delve into why this insurance is vital for sound risk management and peace of mind. Here’s how commercial property insurance can benefit UK small businesses.