Commercial property insurance will reimburse you for direct physical loss to covered business property caused by a covered peril within your policy period. There are two basic types of coverage for property damage: replacement cost coverage and actual cash value, or...
A commercial property insurance policy protects against direct physical loss to your company’s property that results from a covered peril. While some types of property policies protect against a specific named peril, many are termed “all risk” policies. But all risk...
{3:00 minutes to read} In a recent blog, we talked about fraud during the underwriting process — the formation of the insurance contract. When fraud is committed during the claims process and involves property, casualty or liability insurance, the entire claim...