We take pride in providing you with individualized service to meet all of your property & casualty insurance needs.
Property and casualty insurance are types of coverage that help protect the items you own — your home or car, for example — and also provide liability coverage to help protect you if you’re found legally responsible for an accident that causes injuries to another person or damage to another person’s belongings.
Homeowners insurance may help protect your home and your belongings against covered perils, such as theft or fire. It also typically includes liability coverage, which may help protect you in the event that you’re found legally responsible after someone is injured at your home or you cause damage to someone else’s property.
Condo insurance may help protect against structural damage to the interior of your unit. Liability protection is usually another component of condo insurance. It’s important to understand what your policy covers versus what may be covered by your condo association’s policy.
If you rent, you’ll likely find that your landlord has an insurance policy to help protect their building and their personal property, but that policy would likely not cover the belongings owned by you, the renter.
Renters insurance commonly helps protect your personal property (furniture, clothing and electronics, for instance). It also typically includes liability coverage if you’re found responsible for damages to someone else’s property or a guest’s injuries in your home. Renters insurance may also help pay for increased living expenses, such as if you have to temporarily relocate if your rented home becomes uninhabitable due to a covered loss.
Auto insurance provides insurance coverage for damage or injury to others, in the form of liability insurance, and can also provide coverage for injuries or damages to the insured.
An Umbrella/Excess Liability policy is designed to provide protection against catastrophic losses. It generally is written over various primary liability policies, such as the business auto policy (BAP), commercial general liability (CGL) policy, watercraft and aircraft liability policies, and employers’ liability coverage.
The umbrella policy serves three purposes: it provides excess limits when the limits of underlying liability policies are exhausted by the payment of claims; it drops down and picks up where the underlying policy leaves off when the aggregate limit of the underlying policy in question is exhausted by the payment of claims; and it provides protection against some claims not covered by the underlying policies, subject to the assumption by the named insured of a self-insured retention (SIR).
Workers’ compensation insurance (workers’ comp insurance) is a mandatory type of insurance carried by many businesses. Workers’ comp insurance covers medical costs and a portion of lost wages for an employee who becomes injured or ill on the job.
Bond insurance (also known as “financial guaranty insurance”) is a type of insurance whereby an insurance company guarantees scheduled payments of interest and principal on a bond or other security in the event of a payment default by the issuer of the bond or security.
Directors and officers liability Insurance (often called “D&O”) is liability insurance payable to the directors and officers of a company, or to the organization(s) itself, as indemnification (reimbursement) for losses or advancement of defense costs in the event an insured suffers such a loss as a result of a legal action brought for alleged wrongful acts in their capacity as directors and officers. Such coverage can extend to defense costs arising out of criminal and regulatory investigations/trials as well; in fact, often civil and criminal actions are brought against directors/officers simultaneously. Intentional illegal acts, however, are typically not covered under D&O policies.
Directors & Officers Liability Insurance is often used to protect the members of boards. Talk to us about your needs and we will find the right plan for you or your organization.
Most notably, but not exclusively, cyber and privacy policies cover a business’ 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.
Hacking is becoming more prevalent as technology changes. Protect yourself with cyber insurance.
Professional liability insurance (PLI), also called professional indemnity insurance (PII) but more commonly known as errors & omissions (E&O) in the US, is a form of liability insurance that helps protect professional advice- and service-providing individuals and companies from bearing the full cost of defending against a negligence claim made by a client, and damages awarded in such a civil lawsuit. The coverage focuses on alleged failure to perform on the part of, financial loss caused by, and error or omission in the service or product sold by the policyholder. Professional liability insurance is required by law in some areas for certain kinds of professional practice (especially medical and legal), and is also sometimes required under contract by other businesses that are the beneficiaries of the advice or service.
If you require professional liability insurance, we are here to help.