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Business Owners Package Policy

Paperless Insurance Now Offers Coverage in New York

SAN FRANCISCO-based independent insurance brokerage Paperless Insurance Services (PIS INC), Inc. has started offering business insurance products in the State of New York, PIS INC announced Thursday. PIS INC will be using their website as the marketing and underwriting base in the State if New York CFO Diana Motseniat said in her announcement. Paperless Insurance also announced that it is in the process of starting operations in the State of Texas. “Starting operations in New York is vital to the continued expansion of our U.S. platform to complement our strong position and build a truly unified small business insurance platform,”… Read More »Paperless Insurance Now Offers Coverage in New York

Fire Safety Checklist

This inspection sheet should be completed at home by the entire family.  Inspect each area of your home to make sure no fire hazards exist. We have ___ smoke alarms in our home. The last time we replaced the battery in our smoke alarm was __/__/__.  It must be replaced once a year. We test our smoke alarms monthly. We never use the batteries in the smoke alarms for toys or anything else. We have a home escape plan. Our plan includes two ways out of every room. Our family has a special place to meet outside if there is… Read More »Fire Safety Checklist

Insurance for Tanning Salon

If you are operating a tanning salon, make sure the insurance carrier is aware of your operations, and you are not misclassified on the application as a beauty parlor or spa. The recent fire that destroyed 6 Washington businesses started in a tanning bed, where 15-year-old was in bed and saw a light bulb on fire. Altough she warned the staffers, the room was in flame once they got there. Thanks Lord no-one was injured but six businesses including coffee shop, cigar shop, travel agency, beauty supplies retail and hearing aids office were burned by the fire. Remember: any material… Read More »Insurance for Tanning Salon

Insurance for Homeless Shelters

 

General Liability premium generally starts from ~$350 per bed per year when no detox services are provided and ~$700 per year with detox services provided. Applicable tax and fees extra. To get started send the completed Application (PDF 0.8MB) to the email indicated on the first page of the application and include: 

• Copy of current General Liability and Professional Liability insurance Declarations Page
• 5-year previous carrier loss runs, valued within the last 45 days
• Copies of State Inspections, Complaint Investigations, and Facility License

Paperless Health & Human Services Program includes insurance designed for homeless shelters – those hard-to-place risks that serve the immediate needs of others by providing food, shelter, clothing, and safety. As the cold air encroaches and the icy season is in full swing, it is a good time to reflect on our own blessings and how we can help others in our communities.

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Car Dealer Title Washing Scheme

A federal jury in Texas has convicted a car dealer from Rowlett for ‘title washing,’ a fraudulent process through which a vehicle’s title is corruptly altered to conceal information that should normally be contained on the title, such as a previous salvaged title or a financial lienholder. Instant insurance quotes for car dealers A vehicle that has a ‘certificate of destruction,’ ‘non-repairable’ history or ‘parts only’ history can only be utilized for parts or scrap metal, and can never receive a clean title. U.S. Attorney John E. Murphy announced that 49-year-old car dealer Jerry Edward Weaver was found guilty for… Read More »Car Dealer Title Washing Scheme

Electronic Audit of Insurance Premium

Business insurance premium is subject to audit: workers compensation audits payroll, product liability audits sales, payroll as well is under audit in the construction industry. And if you ever had business insurance and gone through the audit, I am sure you’d been wondering around confusing forms on multiple pages, that required you some calculations and even your accountant was raising the eyebrow. Well, lucky us, no longer that would be the case with policy written through Select Travelers Insurance as the national rollout of our new ePHR (Electronic Policyholder Report) audit process to all eligible Select Policyholder is taking place… Read More »Electronic Audit of Insurance Premium

Are Riots Covered on my Business Insurance Policy?

As businesses in England begin to seek insurance coverage for revenue lost as a result of recent rioting, business owners and executives elsewhere might wonder how their business interruption coverage would respond to a sudden outbreak of a riot. Most admitted insurance companies do offer business interruption coverage built into their commercial property policies that would respond to riot-related losses. Beyond income lost as a result of direct property damage, commercial property insurance also covers income lost due to restricted access to the property. In some cases, the coverage will pay employee wages in the event of a business interruption.… Read More »Are Riots Covered on my Business Insurance Policy?

Riot Damage Coverage – What you should know

As many as 50 storefronts were damaged or destroyed in rioting and looting in Vancouver Wednesday night following the Vancouver Canucks Stanley Cup Finals loss, though not all of the riot damage will be covered by insurance. While Business Owners Policy would cover for things like theft and vandalism, and fire related losses, storefront windows are usually covered under a special contract with glass companies, and often exlude riots, criminal acts and terrorism.

“Your Work” Exclusion on CGL Policy

Insurance isn’t a warranty. It doesn’t replace faulty work or products, but it does cover the Bodily Injury (BI) and Property Damage (PD) caused by the faulty work or product. The exclusion of faulty work often referred to as “your work”. One of the most contested provisions of the commercial general liability (CGL) policy is the provision excluding coverage for property damage to the insured’s completed work. In 1986 Insurance Services Office, Inc. (ISO), revised the standard CGL policy form to include an exception to this exclusion if a subcontractor performed the work for the insured. This revision has become… Read More »“Your Work” Exclusion on CGL Policy