Distinguished

MARCH 20, 2025

General liability : Covers the costs of fighting litigation plus covered damages that might come from it. 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.

Building 52

Building Protection Damage Liability 52

Distinguished

OCTOBER 15, 2024

Financial Interest and Named Insureds In a typical Builder’s Risk policy , the named insured is the entity that has a financial interest in the construction project. This could be the contractor, developer, or property owner, depending on who stands to suffer a financial loss if the property is damaged during construction.

Policy 52

Policy Risk Broker-Agent Liability 52

Property Insurance Centre

JANUARY 4, 2024

This ensures that insured properties are adequately valued and properly insured, reducing the risk of financial loss in the event of a claim. This is a significant concern as it leaves property owners vulnerable to potential financial losses in the event of a claim.

Property Insurance 52

Property Insurance Commercial Property Liability Insurer 52

ProWriters

APRIL 3, 2024

Coverage of claims made by third parties who suffer financial losses due to the insured’s actions. In carrying E&O Insurance, professionals demonstrate they’re willing to take financial responsibility for any errors or omissions that may occur. Coverage of settlements or judgments awarded against the insured.

Liability 52

Liability Cyber Claim Policy 52

Distinguished

SEPTEMBER 17, 2024

And regarding coverage, if the named insured is the builder, or there is a relationship between the named insured and the builder, in that capacity we would exclude general liability coverage. It’s important to monitor results and get ahead of future threats, and this can help minimize financial losses.

Risk 52

Risk Broker-Agent Deductible Insurer 52

Protect Commercial Insurance

NOVEMBER 8, 2024

By understanding your policy needs, shopping around, and exploring available discounts, you can effectively manage insurance premiums and keep your business financially secure. It provides protection against a plethora of risks, including property damage, liability claims, theft, and even employee injuries.

Commercial Insurance 52

Commercial Insurance Commercial Premium Deductible 52

Protect Commercial Insurance

MAY 30, 2024

There are various types of liability insurance, including general liability, product liability, and professional liability. General liability insurance provides coverage for injuries or property damage that occur on your business premises or as a result of your business operations.

Cyber 52

Cyber Business Insurance Business Interruption Professional Liability Insurance 52