Public liability insurance is a crucial aspect of risk management for businesses operating in Australia. As concerns about liability claims continue to rise, understanding the cost of this insurance and…
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When working in real estate, agents face many risks. One important way to protect yourself is through professional indemnity insurance for real estate. This type of insurance helps cover legal…
Running a construction business comes with many risks. Accidents can happen on the job site, and clients may hold you responsible for any damage or injury. This is where public…
The latent defect liability period is an important concept in construction projects. It refers to the time frame during which a builder is responsible for fixing hidden defects in a…
When building or renovating a home, it’s important to think about construction insurance for homeowners. One type of insurance that many people may not know about is warranty insurance. This insurance helps protect homeowners from problems that can happen after construction is completed. It ensures that if there are major issues with the building, the homeowner can get help without facing huge costs.
When running a business, it is important to understand the types of insurance you might need. Two common types are professional indemnity and public liability insurance. While they both protect your business, they cover different risks. Knowing the difference between these two types of insurance can help you choose the right coverage for your needs. In this article, we will look at both types of insurances, what their differences are, and when you should use either of them.
When you own a strata unit, it’s important to understand what insurance do I need for a strata unit. Strata living comes with its own set of rules and responsibilities, especially when it comes to protecting your property. Unlike traditional homes, strata units are part of a larger building or complex, which means you need to consider both your individual unit and the shared areas. Having the right insurance can help protect your investment and give you peace of mind.
When it comes to strata insurance, many people wonder, “who pays strata insurance deductible?” This question is important for anyone living in a strata property, like an apartment or townhouse. The deductible is the amount of money that must be paid before the insurance company covers the rest of a claim.
Professional indemnity insurance is a crucial protection for professionals who provide advice or services to clients. It covers the cost of legal fees and compensation if a client sues you for negligence, errors, or omissions in your work. But how much does professional indemnity insurance cost? The cost of professional indemnity insurance varies depending on factors such as your industry, the size of your business, and the level of coverage you need.
Understanding the average cost of construction insurance is important for any business in the construction industry. This type of insurance helps protect your business from risks like accidents, property damage, and legal claims. Knowing how much you might pay for this coverage can help you budget better and make informed decisions.
