Remove Damage Remove Risk Remove Theft
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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.

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When No One’s Home: Understanding Roleof Vacancy Insurance

Triple-I: Homeowners Insurance

Worters, Vice President, Media Relations, Triple-I Vacant homes often carry more risk than meets the eye. Without anyone home to detect the issue, water had leaked for days possibly weeks causing severe damage to ceilings, walls, flooring, heating and electrical systems. By Loretta L. The estimated cost of repairs exceeded $60,000.

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Court Differentiates Vandalism from Theft in First Party Insurance Policy

The Property Insurance Law Observer

The Court considered whether the Plaintiffs’ loss was caused by theft or vandalism, as neither term was defined in the policy. On November 20, 2021, after the home was vacant for an extended period of time, unidentified individuals broke into and damaged Plaintiffs’ property, taking various items. Allstate Vehicle & Prop.

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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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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. Without it, all your hard work could crumble in an instant.

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Art Transit Insurance: Managing the Greatest Risk to Your Valuables

Distinguished

Whether its theft, problems with an unattended vehicle, or an accident involving a dropped crate, knowing about potential hazards during shipment can prevent avoidable damage. This is fine for average parcels but often leaves high-value fine art and collector items underinsured and at risk.

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Home Insurance Coverage Gaps You Might Not Know Exist—Until It’s Too Late

TGS

Flood Damage: Not Covered by Standard Policies Here’s the big one. Most homeowners don’t realize that standard home insurance does not cover flood damage. Even homes outside of high-risk flood zones can benefit—25% of flood claims come from low-to-moderate-risk areas. A tree falling on your roof? Most likely.