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Common Commercial Insurance Mistakes (and How to Avoid Them)

Mark Jackson Insurance Agency

From underinsuring key assets to misunderstanding policy exclusions, commercial insurance missteps can leave your business exposed to financial loss. 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.

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The Importance of Commercial Property Insurance for UK Small Businesses

Protect Commercial Insurance

Definition and Scope Commercial property insurance is a policy designed to protect businesses from financial losses related to damage or destruction of their physical assets. Other risks include theft, vandalism, or even fire hazards that could disrupt your business and lead to financial losses.

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Mastering Inland Marine Insurance: A Broker’s Guide

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Or a trucking company facing a total loss after a rollover accident destroys both the vehicle and its cargo. Without inland marine coverage, these businesses would face significant financial losses that standard property insurance doesnt cover. Loss history and risk management: Prior claims and safety measures influence pricing.

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

Distinguished

It also shows that being aware of any separate deductibles for wind or hail is an important part of assessing your clients coverage options. Ordinance or law coverage : Covers the cost of repairing or rebuilding structures to meet current building codes after a covered loss, even if the existing structure was not up to code.

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Best Landlord Insurance In North Carolina For Your Rental Property!

Simply Insurance

However, bear in mind that the final price will vary for all landlords depending on where you reside, your building, liability coverage options, your credit history, deductible, and other plan options. Deductibles - A deductible is another alternative that you may customize to your budget. Agents not required.

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Best Landlord Insurance In New Hampshire For Your Rental Property!

Simply Insurance

However, bear in mind that the final price will vary for all landlords depending on where you reside, your building, liability coverage options, your credit history, deductible, and other plan options. Deductibles - A deductible is another alternative that you may customize to your budget. Agents not required.

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Best Landlord Insurance In West Virginia For Your Rental Property!

Simply Insurance

However, bear in mind that the final price will vary for all landlords depending on where you reside, your building, liability coverage options, your credit history, deductible, and other plan options. Deductibles - A deductible is another alternative that you may customize to your budget. Agents not required.