Mark Jackson Insurance Agency

MAY 21, 2025

Whether its commercial HVAC units, manufacturing machinery, kitchen appliances, or company vehicles, equipment failures can bring work to a halt, and in some cases, trigger insurance claims with potentially high deductibles. Well-maintained equipment is less likely to fail unexpectedly, cause injury, or lead to property damage.

Claim 52

Claim Injury Property Damage Commercial 52

Protect Commercial Insurance

JUNE 6, 2025

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. A clean claims history often results in lower rates.

Commercial Property 52

Commercial Property Property Insurance Commercial Business Interruption 52

The Property Insurance Law Observer

SEPTEMBER 16, 2024

Subsequently, West American issued payment for the damages it deemed to be covered and non-cosmetic. Despite arguing otherwise, the Insured did not produce any expert evidence regarding the cost to repair or replace the roof or the tools and electrical equipment that the Insured claimed were also damaged.

Insurance Companies 130

Insurance Companies Damage Insurance Insurer 130

The Property Insurance Law Observer

MARCH 18, 2024

Specifically, the Court affirmed that the duty to submit to an EUO, as included in the insurance policy, applied only to a “named insured” and not an “insured person” and, as such, the named insured’s son failure to comply did not constitute a material breach of the insurance policy.

Insurance 130

Insurance Insurer Insured Policy 130

Freeway Insurance

JANUARY 3, 2025

One of the primary reasons for the 2025 California car insurance increase is legislative. On January 1, 2025, California raised its minimum liability insurance requirements, nearly doubling the mandatory coverage for bodily injury and property damage.

Auto Insurance 98

Auto Insurance Premium Liability Insurance 98

LexisNexis

JANUARY 28, 2025

For Practical Guidance content on important current trends, review these easy-to-use insurance resources: Construction Dispute Resolution Resource Kit Insurance Claims Resource Kit Insurance Coverage Resource Kit Legal Developments provide the latest updates and analyses of emerging topics impacting your practice area.

Commercial General Liability 40

Commercial General Liability General Liability Property Damage Injury 40

LexisNexis

JANUARY 28, 2025

For Practical Guidance content on important current trends, review these easy-to-use insurance resources: Construction Dispute Resolution Resource Kit Insurance Claims Resource Kit Insurance Coverage Resource Kit Legal Developments provide the latest updates and analyses of emerging topics impacting your practice area.

Commercial General Liability 40

Commercial General Liability General Liability Property Damage Injury 40

TGS

NOVEMBER 18, 2024

Pros: Faster Claims Processing: Since you’re dealing with your own insurer, claims are often processed more quickly. While it covers medical expenses, lost wages, and certain other costs, it doesn’t cover property damage to your car or liability for damages to others.

Auto Insurance 52

Auto Insurance Injury Damage Claim 52

TGS

NOVEMBER 1, 2024

In many states, you’re required to file a police report for accidents that involve injuries or significant property damage. Plus, having a police report on file can help you later when dealing with insurance claims. Keep all medical records and receipts in case you need them for an insurance claim.

Injury 52

Injury Home Insurance Claim Damage 52

Bankers Insurance

NOVEMBER 15, 2023

Property damage: Burst pipes and malfunctioning sprinkler systems can result in substantial water damage to a building’s structure, interior, and equipment, incurring significant repair costs. Failure to uphold a functional sprinkler system can lead to legal compliance problems, fines, and penalties.

Protection 52

Protection Damage Building Property Damage 52

LexisNexis

FEBRUARY 4, 2025

Read now » Related Content Allocation of Latent Injury and Damage Claims State Law Survey Examine the method used across the 50 states and the District of Columbia for allocating damages for latent bodily injury and property damage claims, sometimes called long-tail or continuous injury or damage claims.

Policy 40

Policy Commercial General Liability Injury Damage 40

Maritime Insurance International

JUNE 5, 2020

When buying boat insurance, you will have the opportunity to select your coverage options. Bundle discounts may be available when purchasing multiple lines of insurance through the same provider. Zero Claims. Some providers offer discounts for individuals who have not previously filed a boat insurance claim.

Insurance Policy 40

Insurance Policy Insurance Insurer Insured 40

Bankers Insurance

AUGUST 8, 2024

For example, if an insured’s property is valued at $1 million, but their coverage limit is $700,000 and their policy includes an 80% coinsurance clause, they would likely receive only $43,750 after incurring $50,000 in property damage from a covered event, depending on when their deductible is applied (700,000/800,000) x 50,000 = 43,750).

Commercial Property 59

Commercial Property Property Insurance Commercial Out-Of-Pocket 59

Protect Commercial Insurance

NOVEMBER 22, 2024

Long-term Financial Benefits While the upfront cost of commercial insurance might seem high, consider the long-term savings and financial security it provides. Without insurance, your business could face catastrophic financial loss from property damage, theft, or a lawsuit.

Commercial Insurance 52

Commercial Insurance Commercial Cyber Insurance 52

Property Insurance Centre

MARCH 19, 2024

An immediate response to property damage is crucial. Policyholders should be educated on the importance of documenting damage as it occurs, including taking photographs or videos of the affected areas. This documentation serves as evidence and can support their claims.

Property Insurance 52

Property Insurance Policyholder Insurance Insurer 52

Risk Management Monitor

NOVEMBER 8, 2021

One of the first steps in obtaining commercial property insurance is to determine the value of the property being insured. The reported property value will drive premium amounts and, importantly, represents the property loss exposure.

Commercial Property 75

Commercial Property Insurance Insurer Insured 75

Property Insurance Centre

JANUARY 16, 2025

From the catastrophic floods in Carlisle in 2005 to the more recent deluge in London in 2021, businesses in flood-prone areas have faced disruption, financial losses, and complex insurance claims. This article explores the intricacies of commercial flood insurance in the UK, highlighting regional variations, challenges, and solutions.

Commercial 52

Commercial Commercial Property Insurance Insurer 52

Protect Commercial Insurance

JANUARY 10, 2025

Heres how collaboration can enhance offerings in this field: – Comprehensive Coverage Packages : Partnership allows brokers to provide a full suite of insurance products. From property damage and liability to business interruption cover, clients get everything under one roof.

Building 52

Building Broker Commercial Property Commercial 52

Property Insurance Centre

JANUARY 4, 2024

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. Insureds are facing substantial property losses, leading to increased financial burdens.

Property Insurance 52

Property Insurance Commercial Property Liability Insurance 52

Triple-I: Homeowners Insurance

MAY 29, 2025

Homes built or retrofitted to FORTIFIED standards from the Insurance Institute for Business & Home Safety were found to have suffered far less property damage and a lower volume of insurance claims from Hurricane Sally which made landfall in Gulf Shores, Alabama, as a Category 2 storm in September 2020 than non-FORTIFIED properties.

Property Damage 69

Property Damage Casualty Insurance Insurance Claim Building 69

Protect Commercial Insurance

APRIL 25, 2025

Traditional insurance claims can be slow and cumbersome, but FloodFlash offers a fast payout system that changes the game. – Mikes Manufacturing Plant : FloodFlash Insurances bespoke policy allowed Mike to choose a low trigger point, which meant that he received a payout before water levels reached a critical stage.

Commercial Property 52

Commercial Property Commercial Protection Insurance 52