Winter brings unique challenges to commercial property owners and managers, from freezing temperatures to the risk of ice damage, snow buildup, and even burst pipes. While most property managers are prepared to address these risks operationally, a growing concern in recent years has been the rising trend in insurance deductibles a shift that could significantly impact your bottom line during an emergency. Recent … [Read more...]
Rising Insurance Deductibles Impact On Commercial Properties This Winter
Does Insurance Cover Biohazard Cleanup?
Does Insurance Cover Biohazard Cleanup? Biohazard cleanup isn’t glamorous, or something that is top of mind – but as a business owner or property manager, proper biohazard cleanup procedures are important. In fact, your business could be liable for lawsuits if there are cases of infection due to improper biohazard cleanup. That could be devastating for any business, which is why professional hazardous waste removal … [Read more...]
Tips for Filing an Insurance Claim After a Hurricane
Tips for Filing an Insurance Claim After a Hurricane My aunt and uncle have lived in Lafayette, Louisiana for more than fifty years. Throughout those decades, they have countlessly boarded-up their home and headed to stay with us in Texas until the storm passes and they are cleared to enter their neighborhood again. Thankfully, every time that they have returned home after each storm has passed, they have been … [Read more...]
Does Home Insurance Cover Water Damage?
What Types of Water Damage are Covered by Insurance? Water damage is one of the most common and expensive types of insurance claims. That’s why it is important to know what insurance will cover should your home or office building suffer water damage. In this article, we will answer the question: is water damage covered by insurance? Types of Water Damage The source of the water is a health and safety … [Read more...]
How Do Floods Form: The Science and Dangers
There are very few areas in the world where flooding isn't a concern. Not even mountainous regions are resistant to the devastation of floods. Where there is rain, floods can easily follow. Floods are among the leading causes of global deaths. Flash floods can hit without warning, taking thousands of lives and costing nations billions of dollars in damage repairs. The complexity of the dangers of floods can be better … [Read more...]
What flood insurance does and doesn’t cover
What flood insurance does and doesn’t cover Most homeowners assume that their home insurance plans cover flooding, when in truth they do not. Typically, most standard homeowner’s insurance plans do not cover flood damage – whether it be caused by extreme weather or other external forces. Flooding is the most common natural disaster in America, and all areas within the United States are at some risk for flooding. … [Read more...]