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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.

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

Distinguished

For example, a resident suffered severe injuries a fractured tibia and fibula after slipping on black ice while walking to her car. These programs include insurance that is fit for apartment buildings of all sizes and types, including those where the owner lives on the premises. We offer coverage up to a limit of $1 million.

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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.