Distinguished

MARCH 20, 2025

Unlike single-family homes, apartment complexes face heightened risks damage from one unit can quickly spread to others, liability claims can stem from common areas, and evolving building codes can demand costly upgrades. General liability : Covers the costs of fighting litigation plus covered damages that might come from it.

Building 52

Building Protection Damage Liability 52

Scott Insurance

JANUARY 28, 2022

Generally, the only exception to this exclusion is if the mold results from another cause of loss (i.e., Environmental / Pollution Environmental/pollution policies are available in the market and can contemplate both the first party (property) and third party (general liability – bodily injury/property damage) mold exposure.

General Liability 52

General Liability Deductible Liability Property Damage 52

Scott Insurance

OCTOBER 28, 2020

Many insurance carriers use third-party crime scores to evaluate their exposure to criminal risk when underwriting general liability insurance policies. Crime scores treat all crimes as equal, thereby failing to take into account heightened general liability risk associated with certain types of crime.

Crime 52

Crime Insurance Carrier Risk General Liability 52

Distinguished

JULY 8, 2024

Underwriters with hospitality industry knowledge and expertise. The primary general liability (GL) coverage has a specific geographic restriction: it is not available for hotels located adjacent to the beach in Hawaii. Our underwriters will look at the security the hotel has in place. A: Yes, on a base by case basis.

Insurance Broker 52

Insurance Broker Broker Broker-Agent Insurer 52

Property Insurance Centre

JANUARY 4, 2024

” In response to rising property losses, insurance companies have adjusted their underwriting guidelines, resulting in higher premiums and limited coverage for properties located in high-risk areas. Insurers are investing in advanced technology and data analytics to improve risk assessment and underwriting processes.

Property Insurance 52

Property Insurance Commercial Property Liability Insurer 52

Distinguished

SEPTEMBER 10, 2024

Our program also offers your clients general liability insurance, which can help cover legal costs that can occur on work sites.  For instance, employees injured on the job should be covered by their Contractor’s General Liability policy.   Our Builder’s Risk program does not cover some specific risks.

Risk 52

Risk General Liability Broker-Agent Insurer 52

Risk Management Monitor

SEPTEMBER 21, 2021

For instance, frequent third-party claims for premises liability may have led to restrictions on Med Pay coverage or a higher deductible to give the customer a bigger stake in safety measures. In the initial design of the insurance program, certain coverages may have been limited due to a problematic claims record. Potential Benefits.

Claim 75

Claim Injury Workers Compensation Risk 75

Distinguished

SEPTEMBER 17, 2024

If we are comfortable with our exposure, we may consider increasing the AOP deductible and the theft deductible , depending on the underwriting analysis. Are there any emerging trends in the construction industry that are impacting builder’s risk underwriting? I put a couple of done deals together.

Risk 52

Risk Broker-Agent Deductible Insurer 52

American Agents Alliance

SEPTEMBER 6, 2024

As part of NSM’s best-in-class insurance programs, they deliver unparalleled niche underwriting expertise, superior customer service and specialized claims handling. With A+ rated carriers, dedicated underwriters and in-house claims team, NSM makes an agent’s job easier.

Workers Compensation 40

Workers Compensation Insurer Insurance Insured 40

Triple-I: Workers Compensation

MARCH 21, 2023

The lines of coverage written typically are those with more predictable losses, such as workers compensation, general liability, and automobile liability and physical damage.” “Each owner makes a modest initial capital contribution,” states the paper, Group Captives: An Opportunity to Lower Cost of Risk.

Workers Compensation 40

Workers Compensation Premium Liability General Liability 40

Distinguished

SEPTEMBER 25, 2024

Premises liability claims : Legal expenses and liability coverage related to any injuries, including trips and falls, that occur on the site. Our program also offers the following coverages: General liability insurance Mold and fungus Off-site materials in transit How Much Does Builder’s Risk Cost in Tennessee?

Risk 52

Risk Broker-Agent Insurer Insurance 52

Distinguished

AUGUST 12, 2024

This includes coverage for: General liability : Covers legal costs and damages that arise from lawsuits related to this construction, renovation, or betterment project. Expertise : Our underwriters have been insuring Builder’s Risk projects for years. Finally, submit your client’s business through our portal.

Risk 52

Risk Broker-Agent Insurer Insurance 52

Distinguished

AUGUST 26, 2024

This means complete property protection in the event of damages from: Extreme weather events Vandalism Theft Fire Beyond property damage, Distinguished also offers coverages for: General liability Soft costs Mold and fungus Off-site materials in transit How Much Does Builder’s Risk Cost in Michigan?

Risk 52

Risk Broker-Agent Insurer Insurance 52

Triple-I: Workers Compensation

APRIL 20, 2021

The CLAIM Act would let these businesses obtain insurance to cover the same risks of theft, damage, injury, loss, and liability as all other businesses.

Risk 40

Risk Workers Compensation Commercial General Liability Liability 40