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The Importance of Accurate Valuation in Commercial Property Insurance

Bankers Insurance

THE IMPORTANCE OF ACCURATE VALUATION IN COMMERCIAL PROPERTY INSURANCE When purchasing or renewing commercial property insurance , it’s important for businesses to ensure their coverage includes correct property valuations. That’s where accurate insurance-to-value (ITV) calculations come into play.

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Impact of Rising Interest Rates on Property Insurance

Protect Commercial Insurance

As interest rates creep up, they can have a surprising ripple effect on property insurance costs. Understanding Rising Interest Rates Image courtesy: Unsplash Interest rates are like the tide of the economic ocean—when they rise, they can have significant ripple effects across various sectors, including property insurance.

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How to Reduce Your Commercial Property Insurance Costs: Tips and Strategies

Jackson & Jackson

Commercial property insurance is a significant expense for property investors and owners. This article outlines practical tips and strategies to help commercial property owners in California minimize their insurance expenses while maintaining adequate protection for their investments.

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Understanding Multi-Family Property Insurance in California.

Jackson & Jackson

Investors must understand the importance of securing comprehensive commercial property insurance coverage to protect their investments. This article aims to provide an in-depth overview of ensuring multi-unit commercial properties in California, highlighting key considerations for investors.

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Landlord Insurance in Chicago, Illinois: Everything Brokers and Property Owners Need to Know

Distinguished

Imagine a property owner in Chicago is facing a burst pipe in the middle of winter. Without the right insurance, the landlord absorbs the full financial hit not just from repairs but also from lost rental income. Loss of rental income: Replaces rental income if a covered event makes the property uninhabitable.

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Maximise Your Business Growth: 4 Essential Tips to Secure Your Commercial Tailors Insurance

Protect Commercial Insurance

Here are a few key areas to consider: Property Insurance Your tailoring business likely has valuable equipment, such as sewing machines, cutting tables, and fabric inventory. Property insurance can protect these assets from damage or loss due to fire, theft, or other covered perils.

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Top 5 Mistakes Property Investors Make with Insurance – And How to Avoid Them

Jackson & Jackson

This article outlines the top five mistakes property investors make with insurance and provides practical tips on avoiding them, ensuring your investments are adequately protected. Mistake 1: Underinsuring Their Properties One of the most common mistakes investors make is underinsuring their properties.