Learn about the Property Insurance Loss Register, a key registry for tracking losses of $500 or more due to fire. Explore its purpose and how insurers use it to identify patterns.
Learn the crucial role of a mortgagor in property insurance, where the individual grants a mortgage on a property in exchange for a loan. Discover how this impacts your insurance needs.
Explore the concept of unoccupied property insurance, how it differs from vacant property, and its impact on your insurance policy.
Learn about windstorm coverage in property insurance, including its definition and importance in protecting your property from significant wind damage.
Understand the Watchman Warranty Clause in property insurance, which offers reduced rates for policies when a watchman is on duty.
Discover how the Water Damage Clause in Property Insurance protects you from specific types of water-related damages. Learn about the coverage and its benefits.
Understand the Wedding Presents Floater, a temporary form of property insurance that provides coverage for wedding presents for a set period of time, ensuring your gifts are protected.
Learn about appurtenant structures in property insurance, which refer to secondary structures on the insured premises. Understand their implications for your insurance policy.
Discover the importance of an Automatic Reinstatement Clause in Property Insurance. Learn how it helps restore your original policy limit after partial loss claims.
Learn about builder's risk coverage forms in property insurance, a specialized coverage for buildings under construction. Get complete insights into its importance and benefits.
Learn about Cargo Insurance, a type of Property Insurance that covers your cargo during transportation. Understand its benefits and how it can safeguard your valuables on the move.
Understand the Clear Space Clause in Property Insurance and how it requires certain belongings to be stored at specified distances to minimize the risk of loss. Learn more about its significance and applications.
Understand comprehensive glass insurance in property insurance. It covers glass breakage for almost any reason, ensuring full protection for incidents like the shattering of store windows.
Understanding the different forms of commercial crime coverage, from employee dishonesty to computer fraud and beyond.
Learn about consequential loss in property insurance, including examples such as business interruptions and food spoilage due to power outages. Understand its definition and significance in indirect loss coverage.
Learn about the Endorsement Extending Period of Indemnity in Property Insurance, including how it extends business interruption coverage to ensure adequate time for full recovery.
Learn about extended coverage in property insurance, which offers protection against additional perils such as hail, riot, smoke damage, and windstorms.
Understand Extended Period of Indemnity in Property Insurance and how it extends existing lost income coverage for a specified period post business resumption.
Understand how Floor Plan Insurance safeguards retailers’ merchandise used as loan collateral. Learn the benefits and coverage to protect against damages or loss.
Learn about the foundation exclusion clause in property insurance policies. Understand how it impacts the calculation of total property value after a loss event.
Explore the historical significance of the Gross Earnings Form in property insurance. Learn how it was used in business interruption coverage and why it has fallen out of favor.
Learn about leasehold interest insurance, a property insurance form covering lease income loss due to property damage from insured perils. Essential for landlords and tenants.
Discover the definition and significance of the mortgage clause in property insurance, a key feature in direct damage policies for mortgaged properties.
Discover what Open Perils in property insurance entail. Learn about insurance covering any peril causing loss or damage, excluding those explicitly excluded.
Learn about the Pair and Set Clause in Property Insurance, which dictates a fair assessment when part of a pair or set is lost or damaged, and the insurer's responsibilities.
Understand the concept of Particular Average in Property Insurance, a type of partial loss due to water transportation that falls on the property owner.
Understand the concept of Probable Maximum Loss (PML) in property insurance, the largest loss that can be expected if all mitigating measures, like smoke detectors, work as intended.
Learn about Profit and Commissions Insurance, a type of property insurance tailored for individuals whose income is reliant on commissions or profits tied to particular properties. This insurance safeguards against loss of income due to property damage.
Learn about Radioactive Contamination Insurance, a specialized property insurance covering risks of radioactive contamination. Understand its qualifications and exclusions.
Understanding recipient location under business income coverage in property insurance - a crucial aspect for safeguarding places where your business operations are accepted.
Discover how the Reporting Form in Property Insurance enables insured individuals to update insurers on the fluctuating values of stocks, furniture, and home improvements, ensuring accurate coverage.
Learn about sinkhole collapse in property insurance, a peril caused by sudden earth movement into underground cavities. Understand coverage options available under commercial property forms.
Discover the essentials of the Special Coverage Form in property insurance, detailing its comprehensive all-risk coverage and key exclusions.
Learn about special peril insurance, a type of property insurance that only covers items specifically named in the contract. Understand its benefits and limitations.
Learn about the Special Personal Property Form, a former insurance policy that covered commercial risks contents against all perils, now mostly replaced by the Building and Personal Property Coverage Form.
Learn about sprinkler leakage insurance in property insurance, which covers water damage from sprinkler system leaks, but not from fire discharge.
Comprehensive guide to Tobacco Sales Warehouses Coverage Form in Property Insurance, focusing on operational coverage and specific time frame protection for tobacco products.
Learn about Transit Policy in Property Insurance, which provides coverage for property during transportation between locations. Ensure your goods are protected with the right transit policy.
Learn about the trust and commission clause in property insurance policies. Discover how this clause allows individuals to insure their share of another's property, and understand its significance.
Learn how Tuition Fees Insurance safeguards schools from financial losses due to unforeseen closures, ensuring tuition fees are protected similar to business interruption insurance.
Learn about the role of an umpire in property insurance, a crucial figure in helping claimants and insurers agree on the amount of loss. Understand the process and legal implications.
Explore the concept of blanket insurance in both health and property insurance, where entire groups or multiple types of properties are covered under a single contract.
Explore the concept of Bottomry in Property Insurance, an insurance contract using a ship or its cargo as collateral for maritime voyage loans. Learn how it impacts loan repayments in maritime losses.
Learn about coinsurance in both property and health insurance: how it determines claim payments in property insurance and the policyholder's cost responsibilities in health insurance.
Learn about coinsurance percentage in property insurance, a critical condition influencing coverage and potential penalties for underinsurance.
Learn about contents in personal and commercial property insurance, including what is covered and what isn't, such as electronics, clothing, office furniture, and machinery.
Learn about the dollar limit in property insurance, which sets a cap on coverage in a homeowners policy, typically listed in the Coverage C section.
Explore earthquake insurance, an essential component of property insurance that covers losses and damages caused by earthquakes. Learn why it is crucial for homeowners in seismic zones.
Learn about Fair Rental Value Coverage, which safeguards rental income from properties damaged by covered hazards. Protect your rental income with this essential insurance coverage.
Learn about the significance of fur and jewelry floater insurance, covering valuable items like jewelry and furs against all risks, no matter their location.
Learn about the guiding principles in general insurance that dictate how coverage of a loss is shared between two insurance companies, as developed by property and liability associations.
Discover the importance of housekeeping in general insurance underwriting, particularly for property insurance. Learn how property upkeep influences your insurance policy.
Learn the definition and implications of indirect or consequential loss in property insurance, including real-world examples like loss of income from an accident-damaged taxi.
Discover the concept of inherent vice in property insurance, a fundamental term describing a property defect that leads to its self-destruction.
Explore the concept of 'Offer' in insurance contracts, its significance in life and property insurance, and how it forms an essential part of the agreement between parties.
Learn what a Private Carrier in Property Insurance means, and how it differs from a common carrier. Explore the contractual obligations of transportation companies restricted to certain customers.
Discover how Protection and Indemnity Insurance provides coverage for shipowners against negligence-related damages to crew or cargo. Learn about the scope and benefits of this specialized property insurance.
Learn about the concept of Removal in Property Insurance, an essential act of moving property to prevent loss or damage, covered by many property insurance policies.
Learn about the Business Income Coverage Form in Property Insurance, which provides coverage against losses due to property damage, including loss of business.
Learn about the market value clause in property insurance, which ensures the insurer pays the market price of destroyed property. Ideal for manufacturers with finished products.
Understanding Vandalism and Malicious Mischief (VMM) in Property Insurance: Coverage, Definition, and Protection against intentional damage.
Learn about the Waiver of Coinsurance clause in property insurance, which states that the coinsurance requirement will not be considered in effect.
Discover the ins and outs of Warehouse to Warehouse Coverage, a key stipulation in marine coverage forms that protects your goods from the shipper's warehouse to the consignee’s warehouse.
Learn about Wave Damage Insurance, a type of property insurance that covers damage caused by waves or tides. Understand the benefits and importance of this insurance coverage in protecting your property.
Learn about homeowners policy, a vital insurance that covers hazards for homeowners and renters, ensuring protection for the homeowner and the home. Discover the key aspects of this vital property and liability insurance.
Discover the significance of improvements and betterments in property insurance, and understand how tenant modifications can increase the value of leased buildings.
Discover how leasehold interest coverage form in property insurance protects commercial property leaseholders against financial losses from property damage due to specified perils.
Explore the essentials of business and personal property coverage forms, which provide crucial protection for buildings and the property contained within them.
Explore what constitutes farm personal property within property insurance, including exclusions like livestock, grain, and harvest equipment.
Understand the Farm Property Coverage Form, which provides farm coverage for residences, household property, and farm buildings. Learn essential details to secure your agricultural assets.
Learn about Jewelry Floaters in Property Insurance, a policy that fully covers specified jewelry against all risks, ensuring peace of mind.
Learn how maps are used in property insurance to locate geographical risks, assess their character, and track policy distribution to prevent catastrophic losses.
Learn about Motor Truck Cargo Policy - Carriers Form, which grants indemnity to truckers for loss or damage to the property they are transporting. Understand the importance of this mandatory coverage.
Learn about Ordinary Construction in property insurance, including building characteristics, structural details, and implications for fire risk and insurance coverage.
Learn about the definition of fire in property insurance, including what constitutes a hostile fire and how it impacts coverage.
Understand the fallen building clause in property insurance, highlighting its impact on fire insurance when a building collapses for reasons other than fire or explosion.
