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Products

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We offer all the following coverages as well as many not listed.

BUILDING AND PERSONAL PROPERTY COVERAGE

Covers buildings, business personal property, and personal property of others for direct loss or damage, subject to the limits shown in the declarations for each of these categories. Also provides additional coverages and coverage extensions, including: debris removal, pollutant cleanup, preservation of property, fire department service charges, increased cost of construction, electronic data, newly acquired or constructed property, personal effects and personal property of others, off-premises property, valuable papers and records, outdoor property, and non-owned detached trailers.

COMMERCIAL GENERAL LIABILITY

Policy issued to business organizations to protect them against liability claims for bodily injury (BI) and property damage (PD) arising out of premises, operations, products, and completed operations; and advertising and personal injury (PI) liability. The CGL policy was introduced in 1986 and replaced the “comprehensive” general liability policy.

EARTHQUAKE COVERAGE

Coverage for sudden movement of the earth’s crust caused by the release of stress accumulated along geologic faults or by volcanic activity.

FLOOD COVERAGE

Refers to normally dry areas which have temporarily been covered in whole or in part by overflowing inland or tidal waters, rapid run-off of surface waters (such as heavy rains), mud (flows or slides), or waters present due to the collapse or subsidence of shores. However, the collapse or subsidence must be due to the action of water, such as erosion.

REPLACEMENT COST COVERAGE (RC)

When used in property insurance contracts, this is the amount it would take to replace the property with like property of the same qualwity and construction. No deduction is made for depreciation or obsolescence.

WATER BACKUP AND SUMP PUMP OVERFLOW COVERAGE

Pays for water damage caused by the backup of water through sewers or drains, or overflow discharged from a sump pump or related equipment.

ACTUAL CASH VALUE (ACV)

The basis of loss settlement in property insurance policies that is equal to replacement cost new less depreciation.

ORDINANCE OR LAW COVERAGE

As your building becomes older, certain changes in your county’s building codes and ordinances change to reflect new standards for construction. If your older property suffers a substantial loss, fixing it may require a higher construction standard to reflect new laws; therefore simply replacing your property as it was just isn’t good enough to meet these new laws and codes. Ordinance or law coverage pays for these upgrades in building standards.

UMBRELLA LIABILITY

A form of liability insurance protecting policyholders for claims in excess of the limits of their primary business automobile, general liability, and workers compensation policies. It also provides coverage for some sources of loss that are not covered by their primary policies. Such cases are subject to a deductible (or self-insured retention).

COMMERCIAL AUTO COVERAGES

Provides all of the coverages that the insured should need if he/she owns, leases or hires vehicles. It also covers the insured for the non-owned usage of a vehicle when an employee or volunteer uses their vehicle on company business.  The schedule allows the insured to sculpture the coverage as needed by the use of symbols. The policy can cover all owned, leased, hired and non-owned autos or can be more selective.

HIRED AUTO COVERAGE

A non-owned auto that may be borrowed as well as rented or leased by the insured. Personal auto policy insureds are covered automatically for hired autos, but business auto policy insureds may not be.

NON-OWNED AUTO

This term signifies an auto that is neither owned, hired, nor borrowed by the insured under a commercial auto policy. Employees’ cars used in company business are commonly classified this way.

LIQUOR LIABILITY COVERAGE

Coverage where the basis for legal liability is a dram shop, liquor control, or alcoholic beverage law. The laws vary, but most provide that the owner of an establishment which serves alcoholic beverages is liable for injury or damage caused by an intoxicated person if it can be established that the liquor licensee caused or contributed to the intoxication of the person.

MONEY & SECURITIES COVERAGE

Insures a business against “all risks” of loss or destruction of money and securities other than employee dishonesty and forgery. Applies both inside and outside the policyholder’s premises.

SAFETY DEPOSIT BOX LIABILITY

Covers the loss of securities or other property (NOT MONEY) that is in the insured’s safety deposit boxes at a specific location. The loss of securities may be caused by theft, disappearance or destruction while the loss of property other than securities must be due to burglary, robbery or vandalism. Any establishment that uses safety deposit boxes, particularly for securities, should consider this coverage.

EMPLOYEE DISHONESTY

Coverage for theft of money, securities or property by an employee.

EMPLOYMENT PRACTICES LIABILITY (EPLI)

Covers lawsuits brought by employees (past, present or prospects), or governmental entities against the insured employer, alleging wrongful discharge, discrimination or certain types of harassment.

DIRECTORS AND OFFICERS COVERAGE (D&O)

Protects officers and directors of a corporation against damages from claims resulting from negligent or wrongful acts in the course of their duties. Also covers the corporation (and even the officers and directors in some cases) for expenses incurred in defending lawsuits arising from alleged wrongful acts of officers or directors.

FIDUCIARY LIABILITY

Coverages for the responsibility on trustees, employers, fiduciaries, professional administrators, and the plan itself with respect to errors and omissions (E&O) in the administration of employee benefit programs as imposed by the Employee Retirement Income Security Act (ERISA).

PROFESSIONAL LIABILITY

Coverage for defense costs and awards for liability arising from improper professional practices and errors and omissions in the conduct of business activities.

CYBER LIABILITY COVERAGE

Covers a business’s liability for a data breach in which the firm’s customers’ personal information, such as Social Security or credit card numbers, is exposed or stolen by a hacker or other criminal who has gained access to the firm’s electronic network.

BUILDER’S RISK COVERAGE

A special property form dealing with the unique loss exposure of property under construction.

GARAGEKEEPERS COVERAGE

This coverage is important to any establishment that offers valet parking or attended parking of any kind. Garagekeepers coverage is needed to cover loss or damage to customers’ cars.

PRIMARY & NON-CONTRIBUTORY COVERAGE

The policy must pay before other applicable policies (primary) and without seeking contribution from other policies that also claim to be primary (noncontributory).

POLLUTION LIABILITY

Coverage for clean-up costs resulting from the discovery of pollution conditions on sites owned or operated by the insured at inception date or added to the policy, as well as third-party claims for bodily injury, property damage or clean-up costs that result from pollution conditions for which the insured is legally obligated.

TERRORISM COVERAGE

Provides for some coverages in the event of an act of terrorism.  Terrorism coverage may be rejected if desired. 

WAIVER OF SUBROGATION

A condition of an insurance policy which states that the coverage will not be prejudiced if the insured has waived in writing prior to a loss any rights of recovery from a party responsible for the loss.