article thumbnail

Why One Man’s Lies Cost a Business $1.96 Million in Insurance: Understanding the Innocent Insured Doctrine

Property Insurance Coverage Law

A decision last week reinforces a harsh reality for policyholders who conduct business through corporations or limited liability companies: if the person or officer controlling the company commits fraud in the course of an insurance claim, the insurer can usually deny coverage not just to that wrongdoer, but to the entire business.

article thumbnail

A Comprehensive Guide to Understanding Commercial Property Insurance

Protect Commercial Insurance

Navigating the world of insurance can feel overwhelming, especially when it comes to understanding commercial property insurance. This friendly guide will walk you through the essentials of commercial property insurance, helping you protect your business premises and assets with confidence. Let’s dive in!

Insiders

Sign Up for our Newsletter

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

article thumbnail

The Importance of Commercial Property Insurance for UK Small Businesses

Protect Commercial Insurance

Introduction When it comes to safeguarding your UK small business, one crucial aspect is often overlooked: commercial property insurance. Just like you wouldn’t drive without car insurance, your business premises need protection too. Here’s how commercial property insurance can benefit UK small businesses.

article thumbnail

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?

article thumbnail

When No One’s Home: Understanding Roleof Vacancy Insurance

Triple-I: Homeowners Insurance

From burst pipes and property theft to liability and squatter intrusion, a home left unoccupied for an extended period is exposed to a unique set of hazards, many of which may not be covered by a standard homeowners’ insurance policy. Injuries on vacant property can lead to significant financial losses.

article thumbnail

How a Liability Claim Can Ruin Your Business – And How to Protect Yourself

Property Insurance Centre

How a Liability Claim Can Ruin Your Business And How to Protect Yourself No matter how well you run your business, a single liability claim can have devastating consequences. Whether you’re a small business owner, contractor, or entrepreneur, understanding liability risks is crucial for survival.

article thumbnail

Best Landlord Insurance In Wyoming For Your Rental Property!

Simply Insurance

How Much Is Aircraft Mechanic Liability Insurance? Drone Insurance Drone Insurance Quotes Pilot Insurance Pilot Insurance Quotes How Much Is Student Pilot Insurance? How Much Is Senior Pilot Insurance? How Much Does Landlord Insurance In Wyoming Cost? GET A LANDLORD INSURANCE QUOTE!