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Construction Defects Are Not Covered Property Damage in Commercial Liability Policy

Insurance Journal

A home builder is not covered under the property damage coverage in its commercial liability policy for construction defects for which it was responsible. A three-judge panel of the Massachusetts Appeals Court has held for the first time that “construction …

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What is LRO Insurance?

Central Insurance

LRO insurance provides comprehensive protection against commercial property damage, liability claims, and income loss. In this article, we explore the key differences between LRO and general liability insurance and why commercial landlords need to have this coverage. The post What is LRO Insurance?

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Business Owner’s Policy for Restaurants

Distinguished

A Business Owners Policy, commonly known asa BOP bundles essential protections like property, general liability, and liquor liability into one streamlined solution. General Liability Coverage Restaurants are high-traffic spaces.

Policy 40
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New Triple-I Issue Brief Puts the Spotlight on Georgia’s Insurance Affordability Crisis

Triple-I: Homeowners Insurance

Property damage liability claims per 100 insured vehicles are 15 percent higher, and relative body injury claims frequency is 60 percent higher. The five-year average count for liability claims increased 24.9 Rising claim frequency and litigation costs put coverage affordability and availability at risk.

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The Importance of Commercial Property Insurance for UK Small Businesses

Protect Commercial Insurance

Here’s how commercial property insurance can benefit UK small businesses. Financial Protection Against Property Damage One of the primary benefits of commercial property insurance is the financial protection it offers against property damage.

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How Do You Know What Commercial Insurance Products Your Business May Benefit From?

Paragon Independent Insurance Agencies

It helps cover accidents, repairs, and liability claims, ensuring your business isn’t financially burdened by unexpected incidents. Beyond vehicle coverage, you may also need general liability insurance, which protects against third-party claims for injuries or property damage during business operations.

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Best Landlord Insurance In Maryland For Your Rental Property!

Simply Insurance

If youre renting a property, your landlord insurance policy will cover the structure and land and provide enhanced general liability insurance to ensure you dont have to worry about legal costs.