Category: Professional Liability Coverage

Pollution and Insurance For Contractors in Clifton New Jersey

insurance for contractors in Clifton New Jersey

Contractors working in the Garden State must deal with many pollution concerns stemming from the operations performed at their job sites. This can include everything from the accidental release of oil or fuel, along with the task of disposing of contaminated soil, chemicals, and any release of toxic gasses emitted from broken pipelines. This demonstrates the need for insurance for contractors in Clifton New Jersey, and more specifically, contractors pollution liability (CPL) insurance, which helps protect a wide range of pollution risks associated with these types of construction projects.

What does CPL cover?

CPL insurance is issued on a non-admitted basis and provides insurance for third-party claims for bodily injury and/or property damage, as well as remediation costs stemming from pollution incidents resulting from the contractor’s covered operations. General contractors performing commercial or residential work need CPL coverage, whether it’s for a municipality, highway and/or road building and repair, work repairing the infrastructure, or general maintenance. This also includes mechanical work, demolition, industrial jobs, excavation, and grading.

In addition, trade contractors (HVAC, paving, carpentry, concrete), specialty contractors (foundation, pipeline and tank installation, drillers), and remediation contractors all have similar exposure concerns from the type of work they perform as well.

CPL insurance helps protect these entities from any liability and financial loss that can result when a covered operation results in a pollution incident. This coverage also allows companies to create a custom environmental insurance program that insures their projects against pollution risks, including all project contractors, off-site transportation and exposures at non-owned locations, all of which makes this policy extremely beneficial.

The CPL policy is an important component of any contractors insurance portfolio as it provides coverage for third party liability resulting from bodily injury, property damage, defense costs, and clean-up as a result of pollution conditions, whether accidental or gradual, caused by contracting operations performed by, or on behalf of the contractor.

Affordable protection

The CPL policy provides insurance for both large and catastrophic losses at a premium that is very reasonable. TheCPL product has now been expanded to address all major construction exposures, including job site risk, real estate related risk, disposal, and transportation. Speak to an agent about any questions or concerns related to this product.

Types of Coverage to Include in Uniform Rental Insurance

Uniform Rental Insurance

Whether you run a full service dry cleaning company, a linen supply chain or strictly a uniform rental shop, you need an insurance policy that covers all aspects of business. Uniform rental insurance is just a portion of that coverage, but is an essential part of protecting your assets. The following are some types of coverage you should speak with your insurance agent about.

General Liability This type of coverage will protect your company if someone files a lawsuit against you. It will typically cover attorney fees, investigations, settlements and sometimes medical expenses. Because there are unique risks that face your business, and unforeseen accidents happen, this is an important aspect to include in your policy.

Business Auto Many uniform rental companies have a business vehicle that they use to make deliveries. Whether you have one small car or a fleet of delivery vans, make sure you have the insurance coverage needed in case of accident, theft or other damage. You need to keep your fleet running, and the best way to do that is to ensure financial stability in a situation you couldn’t have predicted.
Workers Compensation Your employees do a lot to keep your business running and should have the protection they deserve. If they are injured at work, workers compensation steps in to ensure they are not financially set back while they recover.

Uniform rental insurance is vital to the success of your business. Speak with an insurance agent today to find out how to get started with a policy that includes all the essentials.

Does Your Business Really Need Liability Insurance?

florida liability insurance

As a new business owner, you may question whether you need insurance. Perhaps you are wondering if you can skimp on coverage as a cost-cutting measure. The fact is bypassing coverage is not an option in the sunshine state. Florida liability insurance is a requirement for businesses. It is a safety net that protects your company’s assets and guards against other financial risks.

What Is Liability Insurance?

The coverage protects your business against unforeseen risks that can cost you money and eat away at your profits. For example, if a third party suffers bodily injury as a result of your service, products or employees, you can be held financially responsible. Examples of Florida liability insurance coverage include:

  • Personal injury
  • Property damage
  • Legal fees
  • Medical costs
  • Contractual liability
  • Liquor liability
  • Advertising injury

How Much Coverage Does Your Business Need?

Commercial insurance is not a once-size-fits-all policy. Several factors determine the amount of coverage you need, such as the type of business you own. Every company has its own level of risk. Typically, the higher risk enterprises require more coverage.

Florida liability insurance is a state requirement. It is a worthwhile business investment that minimizes risks and protects your bottom line. When shopping for coverage options, consult with a licensed insurance broker.

Maintaining a Successful Insurance Agent Website

Insurance Agent Website

The right marketing approach can have a tremendous impact on the success or failure of any business. This includes being represented by the best agents, and providing the type of support that creates opportunities to succeed. Some examples of tools and strategies that often get results consist of providing free reports and newsletters, engaging in joint ventures and hosting workshops or being involved in community gatherings. These are the types of things that are designed to build relationships with prospects that will hopefully become clients down the line.

Only by developing an Insurance Agent Website that truly reflects all of the positive aspects of the company and its capabilities will visitors be enticed to solicit information about the products and services being offered. A well-designed site will make all the difference when it comes to landing prospective clients that have a need for the services that you provide.

The primary goal will be to close the deal

You need dedicated agents who will respond to the many queries with a sincerity that makes prospects feel comfortable talking about their insurance needs. They represent the organization and if they do their job well this makes generating sales a bit easier and will lead to profits. As with any business, the highest priority is to make a profit and that is accomplished by prospecting, closing deals and servicing accounts.

Having a list of frequently asked questions and the answers to those questions helps gain confidence and trust from the person making the inquiry. Agents should practice, drill and rehearse what they plan to say prior to making the calls so that their conversation flows naturally, which will also ensure that they say exactly what they intended to convey, using the most effective words possible.

But in order to even get to this point, those in charge of the Insurance Agent Website design must figure out exactly what will achieve this goal. It might be helpful to follow the best practices of many of the more successful agencies currently operating on the web since smartly produced insurance websites always draw the most visitors and this creates opportunities to garner the desired results.

Valuable Insight on Insurance for Nightclubs

insurance for nightclubs

As a nightclub owner, you can greatly benefit by partnering with an insurance broker familiar with the specific types of coverage you’ll likely need to be fully covered in the event of an accident or loss. There are many programs available on the market when it comes to insurance for nightclubs, and you should take the time necessary to find a comprehensive and detail-oriented agency that will provide you with the best products and services available for your industry.

The hazards involved in operating nightclubs are numerous. You’re likely going to need a number of insurance policies to cover everything from property damage, liabilities to patrons and the public, health insurance and workers compensation, and even disaster coverage. This will be necessary regardless of the size or the scope of your business. The right agent will provide you with services that will address the same risks and exposures that could cost you a fortune without the right coverage in place.


Liquor liability insurance is among the most vital coverage issues

Liquor liability is a major concern in this industry, something that is a necessity to your nightclub insurance package. Alcohol can create many issues and many of the claims and lawsuits against establishments of this type circle around the sale of alcoholic beverages. A liquor liability policy is a must because its the kind of insurance that protects you from any problems that may arise from the consumption of alcohol, including unintentionally selling to minors, or what may occur to (or because of) customers long after they leave your establishment.

Event liability insurance is something you may or may not need depending on whether you allow others to rent your space. It is a one-time policy that covers a specific group event and for a specific date and time. Then, if there is damage to your club, or any items are destroyed during their event your insurance policy will help cover the amount of the damage.

Remember, that before you buy any insurance for nightclubs, speak to a reputable agency that can guide you through the different available coverage options so you can make an informed choice. This is important for any establishment that wants to survive in this competitive industry. Being under-insured or uninsured means being one drastic event away from disaster!

Protecting High Value Items with an Insurance Agency in New Mexico

Insurance Agency New Mexico

When moving to a new residence it’s important that you take the necessary precautions to ensure that those valued items are not damaged, stolen, or otherwise unaccounted for. Documenting these items by inventory is the most logical way to keep track of any items of higher than average value. Enlist a reputable shipping company that generally handles items of this nature.

If you choose to work with an independent moving company, smaller items of value, or personal documents are best hand carried by the owner, and make sure appraisal documents are kept secured, and all items are properly documented and signed for. Working with an Insurance Agency in New Mexico will help provide the peace of mind that all of your valuables are properly insured and any losses will be compensated for.


Keep an inventory of all high value items

Cash, coin collections, rare or personal documents, jewelry, collectibles (such as memorabilia), and all stocks, bonds, and other certificates of value should never be entrusted to a moving company. Keep in your possession at all times. Other objects of high value that are bulkier, and may require crating, such as paintings and statues (which will to be transported by a moving company), must also be properly documented and identified prior to being entrusted to movers.

A recent appraisal of the items should be considered a necessity. If lost or damaged during shipping their value will have to be substantiated by your insurance company in order to justify any claims before reparations are made. It’s usually wise to invest in a moving coordinator to help identify any items of value and help to document them during the initial moving estimate. Act responsibly by creating an inventory list, and detailing a description of each item, along with its current value. Its also a good idea, once finished, to go over the list to ensure that all items are listed and accounted for. Photos of all items being transported should be taken in the event it becomes necessary to file a claim.

Remember to include antiques, rare books, china sets and crystal, fine art, furs, and expensive figurines and silverware in your list of high valued items. When entrusting valuables to a moving company it’s vital that documentation is thoroughly done to ensure accountability on every level, and that your Insurance Agency in New Mexico is notified that these items will be in transit, making sure that they are properly insured as well.

US Entry and the Custom Clearance Bond

custom clearance bond

As those dealing in freight forwarding and cargo contingency fully know, US customs reviews entries in a multi-step process. Generally, the freight is released to the importer before the process is complete. Customs therefore requires that a bond, which acts like an insurance policy, cover commercial entries. It acts as a guarantee that an importer will, once the freight is released, agree to pay duties in a timely manner (often within ten days if processed through a broker).

They must also agree to make or complete a proper entry, to produce documents and evidence when requested, redeliver the merchandise to customs custody, if necessary, and to rectify any noncompliance with the provisions of admission. Also, in order to receive a custom clearance bond they will need to agree to the examination of the merchandise and to use the freight in the manner dictated by a special-use provision entry, as well as comply with customs regulations, electronic entry requirements and advance cargo information filing requirements. They must also take responsibility for the consequences of any damages charged against the bond in the case of default.

Important information to know

The primary purpose of a customs bond is to guarantee the payment of import duties and taxes, as well as to assure compliance with all laws and regulations governing the entry of merchandise from foreign shipping points into the US. For restricted merchandise, including anything requiring a declaration to the FCC, FDA or other government agency, the bond is required to cover three times the commercial invoice value.

For items considered to be non-restricted merchandise, the bond must cover the commercial invoice value plus the duties and taxes applicable to the shipment. A Single-Entry bond needs to be filed in hard copy format to customs at the port in order to obtain a release. The documents are sent by courier to customs, reviewed by an inspector, subsequently released, and then returned to the broker’s office by courier. Remember, for time-sensitive cargo, that all of this traveling of the paperwork will often take some time.

Speak to an insurance agent knowledgeable about the custom clearance bond process, and also in surety and risk management solutions for supply chain and transportation intermediaries.

Providing the Best Insurance Marketing Services

insurance marketing services

When it comes to insurance marketing, the Internet is full of advice on how to become a better salesperson. One way to accomplish this is by generating more leads, but a good insurance lead doesn’t automatically guarantee closing a deal. Naturally, agencies can better their odds of success by working each and every lead in the most efficient manner possible.

When it comes to insurance marketing services, they’re geared to help your agency become more successful. Many agencies look for help in improving their image and getting brand exposure, and plenty have been doing this for some time and already know what works best for them. However, there are a few steps that some of you can take to maximize chances of closing more deals.

Be diligent when working new leads

It’s important to make contact as soon as possible, while the iron is hot. The sooner contact is made with an interested consumer, the better the chance of actually making a sale. By waiting, you’re simply leaving the door open for other agents to make a pitch, and possibly allowing the opportunity of making a quick sale go out the door.

While it would be nice if agents could close every insurance lead after one phone call, and this may occur at times, it isn’t very common. You’ll likely find that contact must be made to a potential customer several times before actually making that sale. So continue to work every lead until all avenues have been fully exhausted.

While lead generation methods such as organic SEO, direct mail and telemarketing require lots of effort, there are still advantages to including them in any insurance marketing services plan. Of course Internet leads are often a great resource, but try to diversify efforts to improve the odds of your success.

Know your limits

Some companies manage to keep up with any demand regardless how many leads are purchased on a daily basis. While this sounds great, remember to set a budget to ensure that your agency doesn’t spend their entire marketing budget on one avenue. The idea should be to make a profit, or at least break even. Realize that not every lead purchased is going to be converted into a sale, but that should be the goal at all times.

Getting to Know Some Basic Types of Insurance

Daniels Insurance

Whether you are running a business or buying a home, insurance is essential for protecting against most of the unforeseen circumstances of an uncertain future. You may find that there are a variety of different types of insurance. Knowing which ones are necessary can be a bit tricky. It can be useful to contact an insurance agency, such as Daniels Insurance, in order to get a better sense of what you need. Here are some common types of insurance with which you may want to familiarize yourself.

General Liability

If you run a business then you probably know about general liability insurance. This type of insurance pays for most future costs incurred by accidents such as property damage and injury that occurs on the company’s premises. Liability insurance will also help pay for a settlement if you happen to be found liable. If you’ve been running a business for a while, an insurance agency, such as Daniels Insurance, can help you go over your policy to ensure that there is no duplicate coverage or coverage gaps.

Homeowners Insurance

It is imperative to own homeowners insurance if you want to protect against any future losses. This type of insurance will help you replace damaged structures and protect your assets in the event that an injury occurs on your property. Homeowners insurance can also cover costs incurred by theft, fire or vandalism.

Because there are many different kinds of insurance, it is advisable to contact an expert who can help find the right policy for you.

What Is Third-Party Liability When It Comes to Cyber Liability Insurance?

cyber liability insurance

Companies with large databases might have access to numerous peoples information, including credit card info. A data breach can result in various inconveniences in your customers lives, and they may even file a lawsuit against your company. Be prepared in case this happens by acquiring cyber liability insurance.

Third-Party Defense

Insurance against cyber risks includes third-party liabilities. This means that in the event of a data breach, you will be assisted by your insurance provider if your business gets taken to court. One or many customers can file a lawsuit in order to be awarded damages in the event their personal information was taken.

Insurance will help your company pay all related court fees. Even if you do not have to pay damages, you may still need to pay a lot of money to various lawyers, which can really set your business back. In the event a court decides you do need to pay damages, then insurance can assist with paying these settlements.

Be Protected With Insurance

Data breaches are becoming more common, and when they do happen, they tend to be newsworthy events. Make sure your business gets ahead of the issue instead of falling behind it, and get cyber liability insurance. Various advantages stand to be gained that you do not want to be caught without.