Priority Scotland. We Prioritise Your Property Insurance Claims’ Post

The "Damage to Premises Rented to You" coverage in commercial general liability (CGL) insurance policies safeguards businesses in case they unintentionally damage a rented property. This provision specifically caters to incidents like fire, explosion, or water damage, excluding normal wear and tear or neglect-induced damage. Here's why this coverage is crucial: 1. **Costly Repairs Protection:** In the event of accidental damage like fire, the insurance covers repair costs, easing the financial burden that repairs could pose to the business. 2. **Meeting Lease Requirements:** Some leases mandate this coverage, making it essential for businesses to fulfill contractual obligations without bearing the expenses for accidental damages. 3. **Reduced Liability Risks:** By shielding businesses from hefty financial liabilities due to extensive damages in rented spaces, this coverage mitigates the risk of substantial losses during covered accidents. It's essential to understand that this coverage typically operates under a "sub-limit" within the policy. This means that while a general liability policy might offer a $1 million coverage, the coverage for damage to rented premises could be limited to $100,000, ensuring clarity on the extent of protection provided. #insurance #Guidewire #Coverages

An Overford Limited case study: A collapse that caused over $100 million of damage and associated loss and expense and delay costs, resulting in the main contractor making an insurance claim. Gain some insight on protection from excessive and unrelated cost claims and delay damages:

Have you experienced property damage? 🌊🏡 Not sure what to do next ? Save this video and follow these steps to ensure that you’re covered.👍🏻 . #cernitzlaw #candiseshanbron #justincernitz #cernitzlaw #freelegaladvice #lawyersofinstagram #insurancelaw #insurancelawyer #insuranceexpert #lawyerswhocare #insuranceclaim #insuranceclaims #insuranceclaimspecialist #propertyinsurance #propertyinsuranceattorney #propertyinsuranceclaims #floridalawyer #floridaattorney #miamlawfirm #whattodo #dreamteam #success #knowledge #insurance #miami #florida #floridastate @candiseshanbron @justincernitz

Weekly #florida #insurance #litigation update. Property reform has worked to some degree. Last year average of 3,000 suits filed per month. This year slightly under 2,000 per month. Are your insureds or your company one of those sued? Want your report or access to my portal? Contact me. Insurance #litigation is big business in Florida and if you are not careful you might be #adjusting these cases wrong. We are currently #defending many #insurancecompanies  in all types of these #lawsuits. Why don't you know this information? Who is ready to use #data to make better #claims decisions. #insurancelaw #insurancedefense

Have you experienced property damage? 🌊🏡 Not sure what to do next ? Save this video and follow these steps to ensure that you’re covered.👍🏻 . #cernitzlaw #candiseshanbron #justincernitz #cernitzlaw #freelegaladvice #lawyersofinstagram #insurancelaw #insurancelawyer #insuranceexpert #lawyerswhocare #insuranceclaim #insuranceclaims #insuranceclaimspecialist #propertyinsurance #propertyinsuranceattorney #propertyinsuranceclaims #floridalawyer #floridaattorney #miamlawfirm #whattodo #dreamteam #success #knowledge #insurance #miami #florida #floridastate @candiseshanbron @justincernitz

Looking for ways to mitigate your property risks? Marsh McLennan Agency's specialists can help you navigate the complexities of the insurance market and develop a strategic plan aligned with your goals. #RiskMitigation #Insurance# Experts #MarshMMA

Looking for ways to mitigate your property risks? Marsh McLennan Agency's specialists can help you navigate the complexities of the insurance market and develop a strategic plan aligned with your goals. #RiskMitigation #Insurance# Experts #MarshMMA

Looking for ways to mitigate your property risks? Marsh McLennan Agency's specialists can help you navigate the complexities of the insurance market and develop a strategic plan aligned with your goals. #RiskMitigation #Insurance# Experts #MarshMMA

Looking for ways to mitigate your property risks? Marsh McLennan Agency's specialists can help you navigate the complexities of the insurance market and develop a strategic plan aligned with your goals. #RiskMitigation #Insurance# Experts #MarshMMA

Looking for ways to mitigate your property risks? Marsh McLennan Agency's specialists can help you navigate the complexities of the insurance market and develop a strategic plan aligned with your goals. #RiskMitigation #Insurance# Experts #MarshMMA