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Landlord Insurance in Colorado: Coverages, Costs, and Benefits

Distinguished

Although cities like Denver, Boulder, and Colorado Springs have thriving real estate markets, owning rental properties still comes with risks, making rental property insurance essential. Hailstorms , winter storms, and tenant-related liabilities can lead to significant financial losses if landlords are not properly insured.

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

Distinguished

However, with opportunity comes risk: property damage, liability claims, and unexpected financial losses can quickly turn a profitable investment into a costly liability. Properties near major rivers also face flooding risks. Crime insurance: Safeguards against theft, fraud, and vandalism.

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The latest reports from FBI and ITRC reveal that cyber incidents in 2023 broke records for financial loss and frequency.

Triple-I: Business Insurance

The 2023 Data Breach Report from Identity Theft Resource Center (ITRC) reveals that last year delivered a bumper crop of cybersecurity failures – 3,205 publicly reported data compromises, impacting an estimated 353,027,892 individuals. Investment fraud was the costliest of all incidents tracked. billion in 2022 to $3.94 billion. .”

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Restaurant Insurance in Charlotte, North Carolina: A Broker’s Guide

Distinguished

In this guide, well break down how Distinguisheds restaurant insurance addresses the specific risks faced by Charlottes restaurant owners. Contaminated food: Even the most diligent restaurants run the risk of food contamination leading to customer illness, which can leave them vulnerable to lawsuits.

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What Your Clients Must Know About Cyber Insurance War Exclusions

ProWriters

Cyber Insurance war exclusions can leave businesses vulnerable to financial loss. Security experts also believe China and Iran pose significant cyber risks. Register now with ProWriters , or call us at 484-321-2335 to talk about how we can help you secure the coverage your clients need against today’s cyber risks.

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Builder’s Risk Insurance Declinations: An Interview With Susan DeCarlo

Distinguished

We sat down with Distinguished’s Builder’s Risk insurance expert, Susan DeCarlo, to discuss common factors that can lead to declinations in our program, how to avoid them, and key risk considerations. So, for example, on a new build if they’re 30 to 60 days in, we can consider that risk. Loss experience.

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Can Both the Contractor and Property Owner Be Named Insureds on a Builder’s Risk Policy?

Distinguished

Builder’s Risk Insurance covers property during the course of construction, whether it’s a new build or renovation. One common question is whether the contractor and the property owner can be named insureds on the same Builder’s Risk policy. It protects against fire, lightning, hail, wind, theft, and vandalism, among other perils.

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