Commercial Property Insurance Water Damage Claims

| Business Insurance, Commercial Property Insurance.

Water damage claims to commercial property are increasingly common. In fact, a study by Hartford Insurance Company shows water damage claims are second in frequency to burglary and theft losses. The cost to deal with water damage can be very high and, unfortunately, certain types of water damage claims may not covered by standard commercial… Read more »

Property Insurance Cause of Loss Form

| Business Insurance, Commercial Property Insurance, Insurance Claims, Insurance education, Landlord Insurance, Uncategorized.

Attached to every commercial property insurance policy is a cause of loss form that determines which perils are covered and which are not. There are 3 forms in common use: basic form (CP1010), broad form (CP1020), and special form (CP1030). It is critical that a policyholder understands the property insurance cause of loss form attached to their policy… Read more »

Manufacturing Insurance

| Business Income, Business Insurance, Commercial Auto Insurance, Commercial Property Insurance, Products Liability, Workers Compensation Insurance.

Any business that makes products intended for use by others needs manufacturing insurance. This is not one policy, but rather a tailored portfolio of coverage that addresses the insurance needs of manufacturing. The team at Safeguard Insurance has been providing manufacturing insurance coverage for nearly 20 years.  We have the markets and experience to provide… Read more »

Business Insurance Tips

| Business Income, Business Insurance, Commercial Auto Insurance, Commercial Property Insurance, Workers Compensation Insurance.

Many business owners want to buy an insurance policy and never think about again. We understand you have better things to focus your time on, so here are some business insurance tips to make sure you have the right coverage to protect your operation. Buy adequate property insurance coverage. Many property insurance policies contain a co-insurance… Read more »

Small Business Insurance Tips

| Agency Customers, Business Income, Business Insurance, Commercial Property Insurance, Commercial Umbrella, General Liability Insurance, Insurance education.

At Safeguard Insurance, we love small business. After all, we are family-owned small business ourselves. Our owners have lived in Las Vegas since 1975 and been involved in several small businesses over the decades. We understand the needs of small business owners and, most of all, we know small business insurance. Our goal is to… Read more »

General Liability: The Foundation of Construction Insurance

| Business Insurance, Commercial Auto Insurance, Commercial Property Insurance, Contractor insurance.

A solid foundation is the start of every construction project.    With the proper footings and reinforcement, a well-engineered foundation can support the weight of a building for many decades.  Construction insurance, likewise, needs a foundational coverage that protects your contracting operation from liability claims.   General liability is the foundation of contractor insurance coverage. What is… Read more »

Nevada construction insurance for all types of contractors

| Bonding, Business Insurance, Commercial Auto Insurance, Commercial Property Insurance, Commercial Umbrella, Contract Surety, General Liability Insurance, Surety Bonds, Workers Compensation Insurance, Workers Compensation Rating.

Construction work in a is showing signs of life in Nevada.   A quick drive around Las Vegas shows that residential construction is picking up, with new developments popping up in nearly all parts of the valley.  Even commercial construction, which has been stagnant for several years, is slowly showing signs of recovery.  With all that… Read more »

The importance of insurance to value

| Business Income, Business Insurance, Commercial Property Insurance, Home Insurance, Homeowners Insurance, Landlord Insurance.

Insurance to value, abbreviated as ITV, is an important concept in the world of property insurance.   It applies equally to personal insurance and business insurance.  Essentially, any insurance that is covering something tangibile like a home, renter contents, commercial building, business inventory or even business income, needs to have adequate insurance to value. What… Read more »

Nevada commercial landlord insurance

| Business Income, Business Insurance, Commercial Property Insurance, Insurance education, Landlord Insurance.

Do you own commercial real estate in Las Vegas or any other city in Nevada?  Do you rent that property to others?  If so, you need Nevada commercial landlord insurance.   The experts at Safeguard Insurance have been providing insurance for commercial property owners since 1998.   We understand the coverage you need to protect your investment… Read more »

Nevada Lessors Risk Insurance

| Business Income, Business Insurance, Commercial Property Insurance, General Liability Insurance, Insurance education, Landlord Insurance.

Nevada Lessors risk insurance, also called commercial landlord insurance, is a specialized insurance policy provided to owners of office, retail, industrial and other tenant occupied commercial buildings.  These policies are designed to cover the exposures faced by a landlord including fire, vandalism and other damage to the buildings and premises liability claims. Owning a commercial… Read more »

Directors and Officers Insurance: Not All Policies Are Created Equal

| Business Insurance, Commercial Property Insurance, Insurance Claims, Insurance education, Risk Management, Uncategorized.

Many types of business insurance products use standardized policy forms. General liability, as an example, is typically issued on an ISO CGL form. Commercial auto and property policies also generally use an ISO form. Directors and officers insurance (D&O), however, is one of a handful of insurance products that do not have a “standard” policy… Read more »

Commercial Landlord Insurance Basics

| Business Insurance, Commercial Property Insurance, Insurance education, Landlord Insurance.

Commercial real estate can be a great investment opportunity, providing property owners with stable cash flow and steady equity growth.   Las Vegas, with our generally depressed real estate pricing, has numerous opportunities for a savvy investor to purchase prime commercial properties at very low prices.   To properly protect that investment, a landlord needs specialized commercial landlord insurance,… Read more »