Remove Insurance Carrier Remove Liability Remove Property Damage
article thumbnail

E&O vs. EPLI: What Coverage Do Your Clients Need?

ProWriters

Both types of policies involve legal liabilities and are important. Understanding E&O Insurance Errors and Omissions (E&O) Insurance is liability coverage protecting professionals against claims for negligence, errors, or mistakes made in the course of their work. What does EPLI not cover?

article thumbnail

Builder’s Risk Insurance in Tennessee: A Broker’s Guide 

Distinguished

When a project is under construction or renovation, your clients are likely not covered by their homeowner’s insurance or business insurance. Different Builder’s Risk insurance policies vary from one insurance carrier to another.  Property damage : Damages to the building that is being constructed or renovated.

Risk 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Read Homeowners Insurance Quotes

TGS

TGS Insurance » Blog What Is a Homeowners Insurance Quote? A homeowners insurance quote is the proposed amount that you would pay an insurance carrier to cover your home. The quote will be based on many factors, including your home’s age, building features, location and size, as well as your insurance score.

article thumbnail

Emerging Property Insurance Trends 2024

Property Insurance Centre

Unpredictable weather events and the rise in natural catastrophes pose significant challenges for the property insurance industry. Insureds are facing substantial property losses, leading to increased financial burdens. Social inflation and rising claim costs are top concerns for liability insurers.

article thumbnail

Does Commercial Insurance Cover Damage to My Commercial Property?

Paragon Independent Insurance Agencies

If you own a business, securing commercial insurance is crucial. Commercial insurance can protect you from financial liability when a covered event occurs. Paragon Independent Insurance Agency, serving Plano, TX, can help you find the right commercial insurance policy for your business.