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What Perils Are Covered by Commercial Property Insurance?

Property Insurance Centre

What Perils Are Covered by Commercial Property Insurance? Commercial property insurance is essential for businesses to protect their assets from unforeseen events. But what exactly does commercial property insurance cover?

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Landlord Insurance vs. Standard Home Insurance: Key Differences

Protect Commercial Insurance

In this blog, we’ll explore the key differences between landlord insurance and standard home insurance. These insurance types serve different purposes and cover various aspects of property ownership. Let’s dive in and find out what each offers!

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Buying Blocks of Flats Insurance in London: Key Risks and Costs

Property Insurance Centre

” Plus, of course, the issue of home insurance and block of flats insurance costs, which in the UK increased by 21% year-on-year between July and September 2024, according to a report from Compare the Market. Some insurers might impose higher excesses or refuse coverage in high-risk flood zones.

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Landlord Insurance in Colorado: Coverages, Costs, and Benefits

Distinguished

of residents Colorado is a great place to own landlord-managed properties. 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.

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

Distinguished

Without specialized landlord insurance, property owners may find themselves covering substantial repair costs, legal settlements, and lost income out of pocket. Loss of rental income: Replaces rental income if a covered event makes the property uninhabitable. Crime insurance: Safeguards against theft, fraud, and vandalism.

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Do I have the right lock for my insurance?

Property Insurance Centre

However, the first thing you should ask yourself, is, “Do I have the right lock for my insurance?” Without this level of security, insurer will often exclude cover for malicious damage, fire or theft! So it is essential you check urgently if you have not done so already.

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Why can’t I get insurance?

Property Insurance Centre

Insurers will often insist that the property has a maintenance programme in place before they even offer renewal terms. Currently, many insurers will simply decline to offer renewal terms, if there had been any history of poor maintenance. Getting an alarm will often be a deterrent in the first instance.

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