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

Distinguished

What Distinguished’s Landlord Insurance Programs Cover in Chicago Our City Insurance program provides robust protection, covering: Property insurance: Covers fires, storms, vandalism, and tenant-related damage. General liability: Protects against tenant or visitor injuries, legal claims, and medical expenses.

Broker 52
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Insurance for Apartment Building Owners: Protecting Your Client’s Investments With the Right Coverage

Distinguished

These programs include insurance that is fit for apartment buildings of all sizes and types, including those where the owner lives on the premises. With our city homes insurance , your client will get coverages like: Property : For damages to the apartment building itself or property in the common areas that fall under policy coverages.

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How a Liability Claim Can Ruin Your Business – And How to Protect Yourself

Property Insurance Centre

How to Protect Your Business Get Comprehensive Insurance Ensure you have general liability insurance, professional indemnity insurance, and workers compensation if applicable. Incorporate Your Business Structure your business as a Limited Liability Company (LLC) or Corporation to protect personal assets.

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Landlord Insurance in Colorado: Coverages, Costs, and Benefits

Distinguished

Core Coverage Features Each program provides essential protections to help landlords mitigate financial risks: Property insurance: Covers damage from fires, hail, vandalism, and other hazards. General liability: Protects against legal and medical expenses if a tenant or visitor is injured on the property.

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Emerging Property Insurance Trends 2024

Property Insurance Centre

Rates for general liability, commercial auto, and umbrella/excess liability continue to increase, albeit at a reduced pace. Social inflation and rising claim costs are top concerns for liability insurers. Over the past 23 consecutive quarters, liability rates have seen steady increases.