Cost of Repair Archives - Big I Connecticut

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E&O Seminar
This jam-packed seminar will leave you with best practices to stay out of hot water, earn 3 CE, and potentially receive premium credit.
Leadership Academy
A leadership development series equipping agency team members with the skills to inspire others, foster a winning culture, and drive long-term success.
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Discover statewide and local events that blend professional development, networking, and industry insights.
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Agency Compensation 360
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Explore tools and services to manage agency finances, plus unmatched support for agency valuation and perpetuation planning.
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Simplify compliance with Connecticut’s data security laws using our library of articles and documents.
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Access personal umbrella, flood, and Big “I” Alliance markets, along with member-exclusive access to Independent Market Solutions (IMS).
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Independent doesn’t mean alone, and we’re here to offer the knowledge and experience needed to launch a successful agency.
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Explore tools, insights, and resources from Catalyit, ACT, ACORD, and more to help your agency optimize tech, streamline operations, and stay future-ready.
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Protect your agency from cyber threats with tailored coverage.
Employment Practices Liability Insurance (EPLI)
Protect your business from employee claims involving workplace-related issues.
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Personal Umbrella Policy
Access high-limit coverage through RLI and Hudson, with a team of dedicated underwriters, easy quoting, and no access fees.
Independent Market Solutions (IMS)
Unlock direct access to top markets with no fees, no minimums, and own your book of business.
Big "I" Alliance Blue
Access specialty markets and hard-to-place risks with no fees, no production requirements, and full ownership of your book.
Flood Insurance
Equip your agency with flexible flood coverage, strong commissions, and easy access.
Home Business Insurance
Protect 145+ types of home-based businesses with affordable coverage, seamless quoting process, and no volume requirements.
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Advocacy
Advocacy
InsurPac, the Big "I"’s federal political action committee (PAC), is one of the largest small business PACs in the country and the most visible PAC on Capitol Hill for independent agents. It works to protect, promote, and perpetuate the IA system.
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Grassroots Action Center
Use your voice to amplify advocacy efforts for critical legislative policies that support a healthy P&C insurance marketplace.
Carrier Advocacy
We pride ourselves on being your advocate in critical carrier conversations.
2026 Legislative Priorities Paper
Highlighting the critical policy and legislative issues, and supportive actions to protect consumers.
Government Resources
Easy access to find your state and federal legislators, legislative committees, and more.
Advocacy news
Big I Connecticut Advocacy Fuels Successful Legislative Session!
June 6, 2026
Connecticut Diligent Effort Reform Signed into Law
June 3, 2026
Progress for Independent Agents as 2026 Session of the General Assembly Concludes
May 6, 2026
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Women's Summit
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NextGen CT – Young Agent Opportunities
Discover how NextGen CT helps emerging agents grow through connection, leadership, and opportunity.
Invest Program – Connect With Students
Engage with students through Invest and introduce them to careers in the insurance industry.
InsureMyCareer #DayInTheLife
Insurance pros nationwide showcase the many career paths in insurance by sharing their #DayInTheLife with #InsureMyCareer on socials.
News
News
Stay up to date on the latest association and industry news, advocacy updates, research insights, and other key topics impacting your agency and customers.
Association News
Stay up to date on Big I CT initiatives, events, and member achievements.
Industry News
Get the latest updates on market trends, carrier news, and insurance industry developments.
Tips & Tricks
Discover practical advice, quick tips, and strategies to help your customers.
Advocacy Updates
Track legislative activity and advocacy efforts impacting the IA channel.
Research Topics
Explore in-depth analysis and insights on key issues shaping the insurance industry.
E&O Report
Read monthly E&O insights from our legal partner, Kaufman Dolowich, LLP.
The Latest Headlines
Fast Doesn’t Mean Careless: How AI Can Improve the Insurance Claims Experience
July 10, 2026
Your Commercial Tenant Clients May Have a Coverage Gap & What To Do About It
June 25, 2026
Why So Many AI Initiatives Are Failing (And What It Means for Insurance)
June 22, 2026
View all

Do Liability Insurance Policies Cover Repair Cost PLUS Diminished Value?

June 5, 2025

One question that comes in from time to time is whether a liability insurance policy (either personal, commercial general, or auto) must cover the loss in value of damaged property…

A row of luxury cars backed into parking spots.

JOIN BIG I CONNECTICUT.

Advocacy news

Big I Connecticut Advocacy Fuels Successful Legislative Session!

Connecticut Diligent Effort Reform Signed into Law

Progress for Independent Agents as 2026 Session of the General Assembly Concludes

The Latest Headlines

Fast Doesn’t Mean Careless: How AI Can Improve the Insurance Claims Experience

Your Commercial Tenant Clients May Have a Coverage Gap & What To Do About It

Why So Many AI Initiatives Are Failing (And What It Means for Insurance)

Cost of Repair

Do Liability Insurance Policies Cover Repair Cost PLUS Diminished Value?

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