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Crime Insurance A crime insurance policy that is designed to meet the needs of organizations other than financial institutions (such as banks). A commercial crime policy typically provides several different types of crime coverage, such as: Employee dishonesty coverage sometimes referred to as fidelity coverage provides coverage for employee theft of money, securities, or property.…

Errors and Omissions Coverage Errors and omissions (E&O) insurance (sometimes called professional liability), is most often used by professional consultants , various brokers and agents, including notaries public, real estate brokers, insurance agents, appraisers, management consultants and information technology service providers architects, landscape architects, engineers, attorneys, and other types of specialties. Errors and omissions coverage…

Contractor Liability Insurance The Contractor General Liability Insurance policy provides coverage for liability resulting from bodily injury, personal injury or damage to property of third parties. Coverage is usually required for contractors to secure regional and/or state licensing. The CGL policy is designed to insure the following: Premises/operations—Premises owned but also job site locations Independent…

Employment Practices Liability A type of claims made liability insurance covering wrongful acts arising from the employment process. These types of policies and coverages included or excluded can vary. It is important to speak to an insurance professional to ensure you are obtaining the most appropriate coverages for your business. Read More – Click Here…

Directors and Officers Liability Directors and officers (D&O) liability insurance protects corporate officers and directors from claims alleging they performed their duties improperly and is a type of errors and omissions insurance. Lawsuits can be filed by shareholders, regulators, state investigators, or other third parties and this coverage is designed to cover claims based on…

Claims Made Coverage Claims made coverage is a form of liability insurance. Most of the time this coverage form is reserved for professional liability however, it can be used when writing general liability on large complex risks. This policy differs from and occurrence policy as with the occurrence policy the claim must occur during the…

Loss of Business Income Loss of business income resulting from losses covered by a Commercial Property policy, to either building(s) or business contents, can result in a reduction or complete loss of business revenues.  The resulting losses can either substantially harm the business in its operations or even put a business out of business.  Business…

Commercial Property A commercial property policy is designed to encompass the many different exposures of a business. It consists of, not only, basic coverages, but also, offers the option of adding additional coverages via endorsement. Endorsements allow you to add or delete coverages/exposures to an insurance policy. Read More – Click Here Basics Commercial Property…

Business Owners Policy The Business Owners Policy or BOP consists of two coverage parts – Property and general liability and provides coverage for main street businesses. Read More – Click Here Property Covered Property:  Building and structures, completed additions, permanently installed equipment, business personal property, fixtures, tenant improvements and betterments, and exterior building glass.  There…