Below are some of the more frequent questions we receive as an agency. If you have a specific question please do not hesitate to give us a call or email.
Commercial Crime Insurance does not cover property damage, bodily injury, or cyber liability. For instance, if your business experiences a data breach, you would need Cyber Liability Insurance to cover the associated costs and damages.
While not legally required, Commercial Crime Insurance is highly recommended for any business that handles significant amounts of cash, securities, or valuable property. Some contracts may also require it.
Inland marine insurance generally includes coverage for theft, protecting your movable property and goods from being stolen during transit or while stored at temporary locations.
Implementing safety measures, such as installing security systems, conducting regular maintenance, and training employees on safety protocols, can help reduce insurance premiums. Additionally, bundling policies and increasing deductibles might lower costs
While not legally required in all states, having Garage Keepers Insurance is highly recommended for any business that handles customer vehicles. It provides essential protection against financial losses and enhances your credibility with customers.
Typically, standard Warehouse Liability Insurance does not cover goods in transit. For this, Inland Marine Insurance is necessary, which covers items transported over land.
If a claim is made against your surety bond, the surety company will investigate the claim to determine its validity. If the claim is found to be valid, the surety will compensate the obligee up to the bond amount. However, the principal (your business) is ultimately responsible for repaying the surety for any claims paid out.
Warehouse Liability Insurance typically does not cover intentional damage, wear and tear, or damages caused by insufficient maintenance. For specific exclusions, reviewing the policy terms is essential. For items like company vehicles, separate Commercial Auto Insurance would be required.
A BOP combines general liability, commercial property, and business interruption insurance, providing comprehensive coverage for small to medium-sized warehouse businesses at a lower cost than purchasing these coverages separately.
The time frame to obtain a surety bond can vary based on the type of bond and the complexity of your business operations. Typically, it can take anywhere from a few hours to a few days. For more complex bonds, the process might take longer as it involves thorough evaluation and approval.
Surety Bonds Insurance does not cover direct business losses, damages to property, or liability claims. For instance, if your business suffers from property damage, you would need a property insurance policy to cover those losses. Surety bonds are specifically designed to guarantee contractual obligations and compliance with regulations
The amount of insurance needed depends on the size of your warehouse, the type of goods stored, and the associated risks. Consulting with an insurance professional can help determine the appropriate coverage limits.
Yes, many Commercial Crime Insurance policies include coverage for computer fraud and funds transfer fraud, which can protect against losses from online scams and cybercrimes.
To file a claim, contact your insurance provider as soon as the crime is discovered. Provide detailed documentation of the loss, including police reports, financial records, and any other relevant information. Your insurance provider will guide you through the claims process to ensure a smooth and timely resolution.
Fidelity Bonds are a type of insurance specifically designed to protect against employee dishonesty. Commercial Crime Insurance provides broader coverage, including third-party fraud and cybercrime.
If your tools are stolen or damaged, you should immediately report the incident to your insurance provider. They will guide you through the claims process to repair or replace your tools as quickly as possible.
Yes, Contractor’s Tools and Equipment Insurance often covers tools and equipment while they are being transported between job sites, as long as they are properly secured.
 Leased tools and equipment can be covered under this insurance. It’s crucial to include details of leased items when applying for coverage to ensure they are protected.
Contractor’s Tools and Equipment Insurance typically does not cover normal wear and tear, intentional damage, or losses caused by neglect. For coverage of general liability, you would need a separate General Liability Insurance policy.
Yes, most policies can be extended to cover rental equipment. It’s essential to check with your insurance provider to ensure rental items are included in your coverage
To file a claim, contact your insurance provider immediately after a loss occurs. Provide details of the incident and any supporting documentation. Your insurer will guide you through the claims process.
Yes, Builder’s Risk Insurance is beneficial for renovation projects as well. It covers the value of the work being done and any materials used in the renovation.
While Environmental Liability Insurance is not legally required for all businesses, it is highly recommended for those with significant environmental risks. Certain industries and contracts may mandate this coverage, and regulatory bodies might require it for compliance.
Coverage typically lasts for the duration of the construction project, from the start date to its completion. Policies can usually be extended if the project takes longer than expected.
Yes, Builder’s Risk Insurance can be tailored to fit the specific needs of your project. This includes adjusting coverage limits and adding endorsements to cover additional risks.
Builder’s Risk Insurance does not cover accidents and injuries on the job site, worker theft, or liability risks. For these, you would need General Liability Insurance or Workers’ Compensation Insurance.
Coverage for historical contamination depends on the policy terms and conditions. Some policies may offer limited coverage for pre-existing conditions if they were unknown at the time of purchasing the insurance. Review your policy and discuss with your provider to understand your specific coverage.
The amount of coverage you need depends on your business operations, the potential environmental risks involved, and regulatory requirements. It’s essential to assess your specific needs and consult with an insurance professional to determine appropriate coverage limits.
To file a claim, contact your insurance provider immediately after an incident. Provide detailed information about the event, including the date, location, nature of the incident, and any immediate actions taken. Your insurance company will guide you through the claims process.
When selecting an E&O policy, consider the coverage limits, exclusions, deductibles, and the reputation of the insurance provider. It’s crucial to choose a policy that aligns with the specific risks and needs of your business.
Environmental Liability Insurance does not typically cover intentional acts of pollution, known pre-existing conditions, or general liability claims unrelated to environmental incidents. For coverage of general business risks, a General Liability Insurance policy would be necessary.
While not always legally required, E&O insurance is often a contractual obligation. Many clients or regulatory bodies may require businesses to carry E&O insurance as a condition of their contract or license.
Yes, if you have a “claims-made” policy and maintain continuous coverage, you can be protected for claims made after the policy period for incidents that occurred during the policy period.
E&O insurance covers claims related to professional errors, omissions, and negligence, while General Liability Insurance covers claims of bodily injury, property damage, and advertising injury. Both types of insurance are essential for comprehensive business protection.
To file a claim, you should contact your insurance provider as soon as possible. They will guide you through the process, which typically includes providing details about the claim, submitting necessary documentation, and cooperating with any investigations.
E&O insurance does not cover intentional wrongdoing, criminal acts, or fraudulent behavior. It also does not cover bodily injury or property damage claims, which are typically covered by General Liability Insurance.
Yes, many policies allow you to add additional insureds, such as clients or business partners, which can be beneficial in contractual agreements.
Generally, premiums paid for Professional Liability Insurance are tax-deductible as a business expense. However, it’s best to consult with a tax professional to understand the specifics of your situation.
Professional Liability Insurance does not cover intentional wrongdoing, bodily injury, property damage, or non-professional activities. For these types of risks, General Liability Insurance is more appropriate.
The amount of coverage you need depends on the size of your business, the nature of your services, and the risks involved. It’s advisable to assess your specific needs with an insurance expert to determine the appropriate coverage limits.
Contact your insurance provider immediately to report the incident. Document all damages with photos and keep records of related expenses. Your provider will guide you through the claims process.
 It’s advisable to review your policy annually or whenever significant changes occur in your business, such as renovations, purchasing new equipment, or changes in inventory levels, to ensure your coverage remains adequate.
Evaluate the replacement cost of your building and contents, considering factors like location, industry-specific risks, and the value of your assets. It’s essential to choose coverage limits that fully protect your investment.
Yes, many insurance providers offer package policies, such as a Business Owner’s Policy (BOP), which combines Commercial Property Insurance with General Liability Insurance and other coverages for a comprehensive protection plan.
It’s recommended to review your BOP annually or whenever there are significant changes in your business, such as expansion, new services, or changes in ownership. Regular reviews ensure that your coverage remains adequate and up to date with your business needs.
Commercial Property Insurance typically does not cover damages from floods or earthquakes. Separate policies, like Flood Insurance or Earthquake Insurance, are required for these specific risks.
Yes, a BOP is highly customizable. You can add endorsements or additional coverages to address specific risks unique to your business, ensuring that you have comprehensive protection tailored to your needs.
When selecting a BOP provider, consider factors such as the provider’s reputation, customer service, claims handling process, and the flexibility of coverage options. It’s important to choose a provider that understands your industry and can offer the support you need.
A BOP typically does not cover professional liability, workers’ compensation, health and disability insurance, or commercial auto insurance. For instance, if your business involves providing professional services, you would need separate professional liability insurance to cover errors or omissions in your work.
The cost of a BOP varies depending on factors such as the size of your business, industry, location, and coverage limits. It’s best to get quotes from multiple providers to find the most affordable option for your specific needs.
If your business has diverse insurance needs and you find managing multiple policies challenging, a CPP might be right for you. It’s particularly beneficial for businesses that require more extensive coverage than what a BOP offers.
You can adjust your Commercial Package Policy as your business grows or changes. Whether you need to increase coverage limits, add new coverages, or modify existing ones, we can help you update your policy to ensure continuous and adequate protection.
Yes, one of the main advantages of a CPP is its flexibility. You can customize your policy to include only the coverages that are relevant to your business, ensuring you have tailored protection without paying for unnecessary coverage.
A BOP also bundles multiple coverages, but it is designed for smaller businesses with lower risk profiles. A CPP offers more flexibility and higher coverage limits, making it suitable for larger businesses or those with more complex risks.
While a Commercial Package Policy provides broad coverage, it does not cover every risk. For example, it typically does not include workers’ compensation insurance, health and disability insurance, or professional liability insurance. Separate policies are needed to cover these specific areas.
Commercial Auto Liability is focused exclusively on the risks of owning a truck, while general liability policies focus on protecting a company from risks that could impact the business in any manner. Commercial Auto liability typically covers property damage and bodily injury to drivers, passengers in your car, pedestrians, and others.
General liability protection covers bodily injury to anyone who could sue your company: customers and other guests (walking through the lobby), contractors, and vendors doing work for you.
Typically filings are done the same day or within 24 business hours.
A claim will affect your premium differently based on the covered riders and the severity of loss. On average, 3 years.
Think of your trucking insurance premium on a risk meter. The more potential risk an insurance carrier views the higher the premium. Here are the major factors when a carrier determines your rate:
- Your Drivers History:Â A clean driving record in any case will help you secure a much lower rate v.s a driving record which has a history of accidents, violations, and more.
- Business Timeline:Â How long you’ve been in business is a huge factor to determining the premium price. In most cases, businesses with over 2 years will receive a much lower premium than businesses that have less than 2 years.
- Cargo:Â What you haul in your truck and how heavy it is being hauled will impact the risk level which will change the premium.
- Location + Operating Radius:Â The longer the operating distance the higher the premium will usually be. Longer distance means more risk because a driver has an increased risk of accidents, falling asleep behind the wheel, loosing focus on the road, and changing weather conditions throughout different areas.
- Vehicle Type:Â Â The heavier the truck, the more the premium will increase. Heavy truck means more risk in event of an accident.
Typically, a trucking company will be insured for these lines of coverage: Auto Liability, General Liability, Physical Damage, Motor Cargo Coverage, Comprehensive/Collision Insurance. Contact us at 909-941-4700 for more information about protecting your trucking firms assets.
Doing your research upfront, taking good care of your truck, and looking for the least expensive coverage available are three ways to save money on trucking insurance.
- Keep your driving record extra clean to get better rates on your auto insurance policy.
- Look into other cheaper options outside of traditional captive insurance agencies. We are an independent insurance agency which means we can quote from a variety of insurance carriers.
Other factors in premium include what you’re hauling, driving radius, time in business, # of trucks, type of trucks, tickets/accidents, the driver(s) history and experience.
All insurers charge different rates for new trucking companies and owner-operators. You are legally allowed to start a trucking company without a CDL, but if you plan on driving the truck, it is a requirement to have a CDL. Premiums are generally higher when it is not owned by an individual who drives.
Commercial truck insurance rates are high because insurance companies know that there’s a higher risk of injury and accidents.  Why have the rates risen in the past decade? US Commercial truck insurance rates have risen dramatically over the past few years due to the numerous cases of accidents caused by commercial trucks due to inattentive driving as well as a decreased supply of drivers.
Claims under Garage Keepers Insurance typically involve reporting the incident to your insurance provider, who will then investigate the claim, assess the damages, and provide compensation based on the policy terms. It’s important to keep detailed records and documentation to support your claim.
Yes, many insurance providers offer customizable policies to fit the unique needs of your business. You can choose coverage limits, add endorsements, and tailor the policy to address specific risks associated with your operations.
Garage liability insurance does not cover damage to the vehicles that are in your care, custody, or control. For such coverage, you would need a garagekeepers insurance policy, which specifically covers customer vehicles while they are on your premises or being serviced.
In many areas, garage liability insurance is a legal requirement for businesses in the automotive industry. It’s essential to check local regulations to ensure compliance and avoid potential penalties.
Yes, General Liability Insurance covers bodily injury and property damage caused by your operations but does not cover damage to customer vehicles in your care. Garage Keepers Insurance specifically covers these vehicles, filling a crucial gap in your protection.
The amount of coverage you need depends on the size and scope of your operations, as well as the specific risks associated with your business. It’s advisable to consult with an insurance professional to determine the appropriate coverage limits for your needs.
Yes, many insurance providers offer bundled policies that include garage liability insurance along with other coverages such as property insurance, workers’ compensation, and commercial auto insurance. Bundling can often result in cost savings and streamlined policy management.
If you need to file a claim, contact your insurance provider as soon as possible. They will guide you through the process, which typically involves providing details about the incident, submitting any necessary documentation, and cooperating with any investigations.
A business owner’s policy may offer some coverage for movable property, but it is often limited. Inland marine insurance provides broader and more specific coverage for goods in transit and mobile equipment, making it an essential addition for businesses with significant movable assets.
Product liability insurance does not cover intentional harm caused by a product, professional negligence, or employee injuries. For professional negligence, you would need professional liability insurance. For employee injuries, workers’ compensation insurance is required.
The amount of coverage you need depends on the size of your business, the nature of your products, and the potential risks involved. It is advisable to consult with an insurance professional to determine the appropriate coverage limits.
Product liability insurance typically does not cover the costs associated with recalling a defective product. Separate product recall insurance is needed to cover such expenses.
Garage Keepers Insurance does not cover damages resulting from defective workmanship, parts, or materials used in repairs. For such issues, a business would need to have Garage Liability Insurance, which covers legal fees and settlements arising from claims of faulty work or products
Inland Marine Insurance typically does not cover property at fixed locations, such as buildings and permanent structures. For this type of coverage, you would need a Commercial Property Insurance policy.
While standard property insurance covers items at a fixed location, inland marine insurance provides protection for movable property and goods in transit. This makes it ideal for businesses that frequently transport equipment, tools, and products.
Yes, inland marine insurance can cover leased or rented equipment, providing protection against damage or loss while the equipment is in your possession.
Yes, a cancellation can be done at anytime before the renewal period. What happens if I paid in advance? If you paid your premium in advance and cancel before the end of term, then insurance companies will refund the remaining balance. If you decide you want to get insured again, you will have to purchase new coverage.
We would be happy to assist you with these questions. You can call us at 909-941-4700, or fill out the contact form and we’ll get back with you right away. Additionally, you can visit our claim center page for more information.
Even if you have been driving for years, opening your own business is a different ball game in insurance carriers eyes. Your CDL experience will impact your rate, but the time in business will also be a big factor, which means if you are a recently new business, your rates will be similar to other new businesses.
Your commercial trucking insurance rate is impacted by your personal driving record if you are an owner-operator with a CDL. A professional driver’s license means that any accidents or violations on the road will also affect how much it costs to insure your company’s vehicles
It typically takes 24-48 hours to get a quote and be covered. Once you decide which plan is best for your trucking needs, we can help you through the application process.
To ensure adequate coverage, regularly review your policy with your insurance provider, especially when you acquire new equipment or expand your operations. This helps keep your coverage up-to-date and aligned with your business’s evolving needs.
While a maintenance plan is beneficial for preventing equipment issues, it does not provide financial protection for unexpected breakdowns. Equipment Breakdown Insurance complements maintenance plans by covering the costs associated with sudden and accidental failures, ensuring comprehensive protection.
Yes, Equipment Breakdown Insurance often includes coverage for business interruption losses. This means that if your equipment fails and causes a halt in your operations, the policy can help cover lost income during the repair or replacement period.
A warranty typically covers specific parts of equipment for a limited time, focusing on defects or issues arising from manufacturing. In contrast, Equipment Breakdown Insurance provides broader coverage for sudden and accidental failures, including mechanical and electrical breakdowns, regardless of the equipment’s age.
Equipment Breakdown Insurance does not cover general wear and tear, maintenance issues, or pre-existing conditions. For example, damage caused by natural disasters, such as floods or earthquakes, is not covered by this policy. For such incidents, you would need to consider other types of insurance, such as flood insurance or property insurance.
A personal auto policy typically does not cover business use of your vehicle. HNOA provides the necessary liability coverage for business-related driving of non-owned vehicles, filling the gap left by personal auto policies.
Yes, HNOA provides liability coverage when you use your personal vehicle for business tasks. However, it does not cover physical damage to your vehicle.
Yes, HNOA can often be added as an endorsement to an existing commercial auto or general liability policy, providing an additional layer of protection.
Yes, even occasional use of non-owned vehicles for business purposes can expose your business to significant risks. HNOA provides essential coverage for these scenarios.
HNOA does not cover physical damage to the hired or non-owned vehicle itself. For protection against damage to the vehicle, you would need comprehensive and collision coverage.
Absolutely. Business Interruption Insurance can be tailored to meet the unique needs of different industries, ensuring that the specific risks and operational requirements of your business are adequately covered.
Yes, Business Interruption Insurance covers ongoing operating expenses such as utilities, rent, and payroll, helping your business stay afloat during the interruption period.
No, Business Interruption Insurance is usually an add-on or rider to a standard property insurance policy. It must be specifically requested and included in your coverage plan.
The coverage period, known as the indemnity period, usually lasts until your business resumes normal operations, but it is subject to a maximum time limit specified in your policy.
Business Interruption Insurance typically does not cover losses due to pandemics or infectious disease outbreaks. For such coverage, you might need a specialized policy or endorsement.
The cost is based on various factors, including the size of your business, the industry you operate in, and the amount of coverage you need. It’s important to get multiple quotes to find the best rate for your specific situation.
Even small businesses can face large liability claims that exceed the limits of their primary insurance. Commercial Umbrella Insurance offers crucial extra protection, regardless of business size.
Yes, the coverage limits and terms of Commercial Umbrella Insurance can be tailored to fit the unique risks and requirements of your business.
Commercial Umbrella Insurance provides additional coverage once the limits of your primary liability policies, such as General Liability or Commercial Auto Insurance, are exhausted.
Commercial Umbrella Insurance does not cover liabilities that are not already covered by your underlying policies. For instance, it won’t cover professional errors or omissions—this would require Professional Liability Insurance.
To get a quote for Commercial Auto Insurance, you will need to provide details about your business operations, the types and number of vehicles to be insured, the primary use of each vehicle, driver information, and any previous claims history. This information helps insurers assess risk and provide an accurate quote.
Commercial Auto Insurance covers vehicles used for business purposes and typically offers higher liability limits than Personal Auto Insurance. It also includes coverage options specifically designed for business use, such as Hired and Non-Owned Auto Coverage and higher liability limits.
Yes, Commercial Auto Insurance allows you to cover multiple vehicles under a single policy. This is particularly beneficial for businesses with a fleet of vehicles, providing comprehensive coverage and simplifying policy management.
Yes, if your employees use their personal vehicles for business purposes, you should consider Hired and Non-Owned Auto Coverage. This policy provides liability protection in case an employee’s personal vehicle is involved in an accident while performing business tasks.
Commercial Auto Insurance does not cover intentional damage, personal belongings inside the vehicle, or certain types of business equipment. For coverage of personal belongings, consider Personal Property Insurance. For business equipment, Inland Marine Insurance may be appropriate.
The time frame for filing a Workers’ Compensation claim varies by state, but it typically ranges from 30 days to two years from the date of the injury. It’s important for employees to report injuries as soon as possible to ensure timely processing and receipt of benefits.
In most cases, Workers’ Compensation Insurance prevents employees from suing their employer for work-related injuries. This coverage is designed to provide benefits without the need for litigation. However, employees can still sue in cases of gross negligence or intentional harm by the employer.
24/7 access to everything you need.
Our state-of-the-art portal allows businesses to locate, purchase, and manage specialized insurance policies quickly. Weeks-long waiting periods and stacks of paperwork are officially obsolete.
Request Changes
Report a Claim
Request Certificates
Manage Account
