Industry Insights

The insurance appraisal process is a critical part of the claims process. This is the time when you’re trying to get an estimate on how much your claim will be worth, which will help determine how much money you get back from your insurance company. The appraisal process can be confusing and frustrating if you don’t understand […]

Business interruption insurance is designed to cover the financial losses that can occur when a business is forced to temporarily close its doors. This cause of the interruption could be a natural disaster, fire, or other events insured by your policy. While no one likes to think about their business being interrupted, it is important […]

If you’re a business owner, you know how important it is that you keep your customers happy. Of course, even the best-laid plans can go awry when unexpected interruptions happen. These problems can be costly, whether it’s a flood in your building or damage to your equipment. Fortunately, you can take steps to help ensure […]

Following a business robbery, you may feel your world has been flipped upside down. Luckily, there are some immediate steps after a business robbery that you can take to ensure your company’s safety and security in the future. These steps will help you recover from this devastating loss and prevent it from happening again in […]

Can you run a business without insurance? This might be the question you are asking if you are starting a new business. Maybe you are looking to cut costs or have a limited budget to work with and insurance seems like an area you can forego. But this means you won’t be protected against common […]

When you’re a business owner, it’s easy to think that a natural disaster will never hit you. But hurricanes are no joke and can cause severe damage to your commercial property. If a hurricane damages your building, you can take steps to protect yourself against financial loss. This article will explain what types of losses […]

Your business can be interrupted by extreme weather, protests, natural disasters, or a fire. Business interruption insurance can cover your financial losses during these events. It protects your expenses and net profits over a specific period after the event has occurred. The coverage should restore your company’s trading position as if the loss had never […]

Business interruption insurance is designed to cover lost income and expenses incurred as a result of a covered event, such as a natural disaster. If your business has been forced to close or has suffered a significant loss of income, you may be able to file a business interruption insurance claim. However, the process can […]

Whether it is due to a roof leak, a weather event, or a leaking pipe, discovering water damage on your commercial property is a stress-inducing finding. Every single drop of water on your property contributes to an increasingly swelling bill and loads of repair work that brings your business to a screeching halt. Furthermore, water […]

Luxury buildings such as hotels are just as vulnerable to sustaining fire damage as any other property type. Moreover, fire damage in a fire can be comparatively more problematic to handle due to the nature of their business. Such events can pose a myriad of questions about how you as a business owner can maximize […]

Kitchens are often the prime culprits behind fires. Given the amount of equipment within them, and their endless activity, this comes as no surprise. The majority of commercial fires reported each year are actually restaurant fires. Luckily, restaurant fires are not often fatal, but they are always destructive. A restaurant fire could potentially put a […]