Business Insurance

Business Insurance

Earthquake Coverage

Earthquake Coverage

Loss from earthquake is typically excluded (along with other earth movement) from most property insurance policies, except ensuing fire. In most cases, earthquake coverage must be purchased by an endorsement to a difference-in-conditions policy or to an all risks policy. Normally, the coverage provided is subject to a per-occurrence sub-limit, an annual aggregate limit, and a separate deductible.

Flood and Hurricane Coverages

Flood and Hurricane Coverages

We offer coverage for damage to property caused by flood and hurricane. Most property owners are not aware that their homeowners, dwelling fire and commercial property policies do not provide coverage for damage caused by flood or hurricane. Coverage may be available by endorsement to an all risks policy, a difference-in-conditions policy or through specialty carriers. Flood coverage is normally secured through the National Flood Insurance Program (NFIP).

Specialty Coverages

professional-liability-insurance-home.jpg

In addition to the more common lines of commercial insurance, we can also approach markets that provide coverage for the following specialty lines of insurance:

  • Directors and Officers Liability
  • Employment Practice Liability
  • Fiduciary Liability
  • Professional Liability
  • Malpractice Liability

Umbrella Liability Policy

Umbrella Liability Policy

The Commercial Umbrella Liability policy is designed to provide protection against catastrophic liability losses. It generally is written over various primary personal and commercial liability policies.

Bonds

There are many different types of bonds. Some include: Fiduciary, Notary, Public Official, License and Permit, etc. Two fairly common types of bonds are fidelity and surety bonds. Surety bonds are three-party contract in which one party, the surety, guarantees the performance or honesty of a second party, the principal (obligor), to the third party (obligee) to whom the performance or debt is owed.

Temporary Disability Insurance

Temporary Disability Insurance

Temporary Disability Insurance (TDI) is a State mandated coverage provided by employers that require the payment of benefits to temporarily injured, sick or disabled employees not otherwise covered by workers compensation laws. TDI provides coverage for non-work related injuries or sickness.

Ocean Marine

Ocean Marine

Ocean marine insurance covers physical damage to ships, their cargo and freight during transportation on both foreign and domestic waters including any inland or aviation transit associated with the shipment. It also includes protection and indemnity insurance that covers the shipowner’s liability for loss of life or injury to any person, illness or injury to crew members, damage to cargoes carried, and damage to fixed or floating objects.

Businessowner’s Policy (BOP)

Businessowner’s Policy (BOP).jpg

The Businessowner’s (BOP) policy is a package policy that provides property and liability coverage for eligible small businesses. The businessowner’s policies are written on special coverage forms that are generally very similar to the property and liability counterparts, but they usually have some unique features that make them especially advantageous for businesses that qualify.

Inland Marine

Inland Marine

Inland Marine are property insurance coverages designed to insure exposures that cannot be conveniently or reasonably confined to a fixed location or insured at a standard rate under a standard form as compared with property insurance. It includes coverage for property in transit over land, certain moveable property, property under construction, legal liability coverage for bailees, as well as computerized equipment.

Crime

Crime

Crime is a generic term used to describe a wide variety of crime coverage forms that are available to protect the insured against losses of money, securities, and other property by such causes of loss as employee dishonesty, forgery, theft, burglary, robbery, kidnap, extortion and computer fraud.

Syndicate content