Your business insurance coverages...
Bonding
Business & Employee Liability
Certificate Requests
Commercial Auto
Commercial Building
Contractor
Manufacturer
Professional
Bonding
There are an endless number of bonds. The most common is the contractor's license bond required by the State of Washington. Performance and contract bonds guarantee that work will be completed in accordance with the contract requirements. Bonds are similar to a letter of credit from a bank and are based on your capital, the capacity to perform the work and your character. Court bonds, license bonds, bid and performance are just a few of the bonds available to you to make your business run smoothly.
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Business Liability & Employee Liability
The assets of your business are at risk if the liability insurance is not providing the protection you need for the operations. The duty of care that is owed to the public has risen substantially due to case law and increased litigation and the need for professional assessment is increasingly important.
Liability exposures from slip and falls, construction defects, completed operations, employment practices, use of equipment, product liability, professional, directors & officers are just a sample of the exposures which need to be addressed by a licensed insurance professional.
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Certificates of Insurance
A certificate of insurance provides proof to another party that you have insurance protection in force.
Many vendors are now requiring additional insured status, which means your policy extends to provide protection for the vendor. There are many other requirements that may be needed, including primary coverage, waiver of subrogation, and completed operations protection for the vendor.
You can email a copy of the insurance requirement form to us and we would be happy to review your policy, see if the coverage is available, and what costs may be involved. We need the name, address of the vendor, project name and description of the job.
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Commercial Automobile
Motor vehicles are everywhere and the availability of affordable coverage can be secured with a combined effort between our Agency and yourself. There are programs for fleets (five or more); single axel rigs, trucks, private passengers, tractors, and/or trailers.
We can work with you to create a safe driving plan and other risk management tools to help minimize your exposure to risk.
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Commercial Buildings
Each building has it’s own personality and needs that must to be addressed. Whether it is an office building, mercantile, apartment, service station, strip mall, warehouse, condominium, or apartment conversion, you may be exposed to fire, loss of rental income, increased expenses to rebuild, triple net leases, and/or premises liability.
Let us help review with you measures you can take to qualify for lower rates by utilizing risk transfer methods to reduce the exposure to loss and save your investments.
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Contractors
Whether you are an artisan contractor, a general contractor or developer, the marketplace for insurance has changed. The duty of care you must provide has been raised by case law in our state and the importance of coverage for what you are doing is essential.
We can provide education on the markets available and the ever increasing exclusions and limitations of coverage. We will review with you your business needs, how to tailor a policy to provide you with what you need, help you understand policy pricing, and be a partner with you in the construction business. We have markets for all phases of the construction industry.
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Manufacturing
The creating of a product requires special attention and there are many variables on insuring your products and properties; special attention is necessary for the valuation of your product. There are ways to insure your profit, instead of insuring the cost of your materials. Equipment coverage including breakdown is of major concern. There are risk transfer methods if you are the distributor of a product so you do not have to pay the full cost of liability coverage.
Other exposures that may affect you include transit of merchandise, dependent properties or customers.
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Professional
Individuals or businesses that provide advice, professional services, and/or professional duties have an exposure for making an error or mistake. These can be very costly not only for the damage suffered, but the defense costs as well. Whether you are an attorney, architect, nurse, counselor, accountant, a director or officer of a profit or non-profit board, your personal assets can be at risk.
Let us help you navigate through the coverage, explain tail coverage and how a claims made policy is different from other forms of coverage.
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