Boardwalk Insurance Group | Auto, Home, Commercial, Life and Health Insurance for Residents and Companies in the United States

Archive for December 2011

Special Boardwalk Insurance Programs for Hotels, Dry Cleaners, Tattoo Parlors and More 3.75/5 (75.00%) 4 votes

Specialty businesses generally require specialty insurance to best protect the business and its assets.  With varying insurance policies for hotels, dry cleaners, tattoo parlors, and other businesses, Boardwalk Insurance Group has the flexibility to fit your needs.

Business insurance cannot be generalized to fit every business.  Each type of business has its own needs and potential liabilities, and requires a special insurance policy to best protect it.

Boardwalk’s current Programs include:

•     Hotels/Motels

•     Coin Laundries

•     Dry Cleaners

•     Religious Institutions

•     Pawnshops

•     Convenience Stores

•     Assisted Living Facilites

•     Tattoo Parlors

On each of these Programs – Boardwalk provides:

•     24-48 hour turnaround on most quotes with an effective date within the next 30 days.

•     Expertise on the above program classes of business

•     Competitive Pricing

•     Broad coverage designed specifically for that industry.

•     Industry specific contact lists at your request.

•     Program Flyers for a Mailing Campaign.

•     Product Guides for specific industries.

•     Industry Specific Applications

· · · ·

Insurance for Electronic Stores and Retailers 4.67/5 (93.33%) 3 votes

Electronic stores and retailers generally carry many expensive electronics and other costly merchandise.  To protect your electronic store or retail business, good insurance is a must.

Insurance for electronic stores and retailers can protect many types of merchandise from many different perils.  With all the new expensive electronics entering the market daily, it is important to have adequate insurance in case the unexpected happens.

OUR PRODUCT IS DESIGNED FOR THE FOLLOWING TYPES OF STORES:

  • ·         Appliance
  • ·         Camera
  • ·         Computer
  • ·         Phone
  • ·         Radio
  • ·         Stereo
  • ·         Television
  • ·         Video Game

OPTIONAL COVERAGES INCLUDE:

  • ·         Loss of Income – 12 month Actual Loss Sustained Basis with a maximum limit
  • ·         Our Value Plus Endorsement
  • ·         Equipment Breakdown
  • ·         Non-Owned & Hired Auto coverage (no delivery service)
  • ·         Money & Securities coverage
  • ·         Signs coverage
  • ·         Glass coverage

 

An Electronic Store Owner Needs the Right Coverage:

  • ·         General Liability that includes coverage for mental anguish or emotional distress
  • ·         No Coinsurance clause on the property coverage
  • ·         Loss of income on an Actual Loss Sustained basis
  • ·         Peak Season coverage for Business Personal Property

Coverage Features:

  • ·         Business Policy Form
  • ·         General Liability that expands the definition of Bodily injury to include mental anguish or emotional distress with no deductible
  • ·         Non owned and Hired Car coverage
  • ·         Loss of Income on Actual Loss Sustained basis up to the stated limit
  • ·         No Coinsurance Clause; No Classification Limitation or Designated Premises Endorsement
  • ·         Personal Property of Others up to the Contents limit
  • ·         $5,000 Transit coverage
  • ·         Replacement Cost available
  • ·         Special Cause of Loss including theft available
  • ·         Value Plus Endorsement is available on account eligible for Special form offering 13 valuable coverage enhancements; including water backup, Money & Securities, Employee Dishonesty, Valuable Papers, Signs, Account Receivable and More
  • ·         Employee Dishonesty

 

· · ·

Single or Multi Family Dwelling Insurance Coverage 3.75/5 (75.00%) 8 votes

A place to live is one of the largest and most important investments a family can make.  It is important to protect the investment, and one of the best ways is through insurance.

Single or multi family dwelling insurance coverage can protect your investment from damages and also cover other tenants on the property.  The appeal of single or multi family dwelling insurance coverage is the flexibility that comes with the insurance policy, including the ability to classify the property as both owner occupied and as a rental property.

PRODUCT FEATURES:

  • Coverage available as
  1. Monoline Liability
  2. Monoline Property
  3. Package

LIABILITY FEATURES:

  • Credit provided for owner occupied 2-4 family locations
  • Ability to consider locations rented on a seasonal or timeshare basis
  • Ability to consider mobile homes as dwellings
  • Up to $25,000 medical expense limit available
  • Risks with boat docks or slips can be considered
  • No Liability Deductible

Limits Available (up to)

  • $1,000,000 Per Occurrence/$2,000,000 aggregate
  • Commercial Umbrella available up to $5,000,000
  • Hired and non owned auto available in most states

PROPERTY FEATURES:

  • Both Special and Basic Form available
  • Replacement Cost Coverage available
  • Business Income/Rental Value
  • Owner’s Contents Coverage
  • Equipment Breakdown Coverage
  • Available in Protection Class 1-8
  • Ability to consider locations in hail and tornado prone areas (special deductible may apply)
  • Coverage can be provided for a property that is under renovation

Limits Available (up to)

  • $1,000,000 for Commercial Lines
  • Coastal Areas
  • Limits of up to $500,000 per location
  • Wind and hail excluded

COVERAGE FEATURES:

  • General Liability that expands the definition of Bodily Injury to include mental anguish or emotional distress with no deductible
  • Personal Injury coverage
  • Special Cause of Loss available
  • Loss of Income coverage
  • Functional Building cost available
  • No Classification Limitation Endorsement
  • Special (DP-3) and Basic Form (DP-1) are available
  • Available for 2-4 family owner occupied dwellings
  • Available for 1-4 family tenant occupied dwellings
  • No mandatory roof exclusion
  • Actual Cash Value Roof Endorsement available
  • Comprehensive Personal Liability Coverage is optional
  • Name Insured can be a Trust, Estate, Limited Partnership or Family Partnership
  • Modified Functional Replacement Cost available

Dwellings in coastal areas are eligible

 

· ·

Insurance Brokers and Agents E&O Insurance 4.33/5 (86.67%) 3 votes

Let’s face it, everyone is human and everyone makes mistakes.  However, simple mistakes can have very large repercussions.   To protect insurance brokers and insurance agents from the effects of any errors or omissions that may be overlooked while working with their customers.

Error and omissions insurance combats the ever-increasing liabilities associated with the service industry, with insurance brokers and agents included.  Something as simple as a misprinted name or a misplaced number can have drastic effects on an insurance policy for the insured party, but e&o insurance can protect the insurance brokers or agents from any damages and negative effects on their work.

Target Clients

-      Agent/Broker with up to 100mil in Premium volume

-      Clean claim record

-      No MGAs, Reinsurance Brokers, or distressed firms

Capabilities

-      Duty to defend wording

-      Softened Hammer Clause

-      Carve-back for Punitive Damages, where insurable by law

-      Automatic coverage for Independent Contractors

-      True worldwide coverage

-      Optional coverage to include defense costs in Addition to Limits of Liab.

-      Lloyd’s paper – rated A (Excellent) by AM Best

-      Coverage for carrier insolvency rated A- or better at the time of placement

Limits Available

-      Primary Limits to 5mil; Excess capacity available

-      Min premium $1,500

-      Min deductible $1,000

Quoting Process

We can provide initial terms with any completed app.

Required to bind:

-      Fully completed, signed and dated application

-      Risk Management details if there are claims

 

· ·

Construction Equipment Insurance 4.00/5 (80.00%) 3 votes

If you own or manage a construction company that owns its equipment, construction equipment is important to protect some of the most important and expensive assets the company owns.

Finding the best coverage for your construction equipment does not normally fit in construction job timelines, but independent insurance agencies, like Boardwalk Insurance Group can save time and money by shopping for your company.  Boardwalk Insurance Group has several locations for your convenience and is licensed in over 25 states.  Most times, Boardwalk Insurance Group can get your company a quote for your construction equipment insurance policy in 24 hours or less.

Reasons to Purchase Contractor’s Choice Equipment Coverage & Potential Ways to Lose Your Equipment:

•     Damage by fire caused by mechanical breakdown

•     Arson of your equipment by prior employees

•     Snow or ice damage

•     Vandalism or malicious mischief

•     Theft of miscellaneous tools and equipment from your vehicle or secured jobsite

•     Lightning striking your equipment

•     Overturned equipment

•     Collision

•     Flood

•     Transit collision

Product Features:

•     Replacement cost valuation available for all equipment up to five model years old

•     Miscellaneous tools and equipment coverage can be included on a blanket basis

•     Theft coverage can be excluded for a premium discount

•     Full coverage is provided for transit exposures

•     Flood coverage automatically included to full limit of insurance (Not available in coastal areas)

•     Earthquake coverage automatically included to full limit of insurance

•     Additionally acquired contractor equipment automatically covered for up to 60 days (available upon approval)

•     Debris removal up to 25% of loss; plus $5,000 if limit exceeded

•     Rented/borrowed (from others) equipment coverage is available for a flat fee annually (options of $25,000 or $50,000 per piece)

•     Coinsurance does not apply to blanket property or rental equipment

•     Scheduled equipment is automatically registered in the National Equipment Registry Theft Database

•     In case of a claim, same day contact by claims adjuster and physical inspection of damaged property within seven hours

•     Theft coverage can be excluded for a premium discount

Limits of Insurance:

•     $1,000,000 per schedule of equipment

•     Florida and Coastal $500,000 total limit per schedule

•     $150,000 per individual piece of equipment

•     $15,000 on miscellaneous tools and equipment

If you need an insurance quote for your construction equipment, contact Boardwalk Insurance Group today.  Their friendly and knowledgeable representatives are ready to assist you.

·

Liability and Property Insurance Quote for Vacant Buildings 4.00/5 (80.00%) 2 votes

If you own or manage properties and some are vacant, insurance is still important to protect you from risk, losses, or claims.  Liability and property insurance for your vacant buildings cover can keep your assets safe and secure.

Finding the best coverage for your property can take time, but using an independent insurance agency like Boardwalk Insurance Group will save you time and money while they shop around for you.  For your convenience, Boardwalk Insurance Group has several locations and is licensed in over half the United States.  Boardwalk Insurance Group can get quotes for most policies in 24 hours or less.

Quick Quotes for Vacant Buildings

Eligible Risks

•     Commercial

•     Residential

•     All Protection Classes

Offering

•     Multiple Markets

•     $1/$2 Million General Liability Limits

•     $5 Million Property Limits

(Higher limits available)

•     Annual, 6 Month or 3 Month Available

•     Replacement Cost for Select Risks

•     Very Competitive Rates

If you need a quote on liability and property insurance for your vacant properties contact Boardwalk Insurance Group today.  Our friendly and knowledgeable representatives are standing by to assist.

 

· ·

Pollution Liability for Contractors 4.00/5 (80.00%) 2 votes

If you own or work for a company that handles contract work in polluted areas, pollution liability insurance is a must.  Protecting you and you workers is imperative, and the pollution liability insurance covers many different contractors and many different situations.

While contractor jobs and situations vary, this pollution liability insurance helps protect contract workers in the event of an accident when pollutants are involved.  Independent insurance agencies are best when it comes to pollution liability insurance policies.  They have access to many different insurance companies and brokers, allowing them to shop around on behalf of their customer.  Boardwalk Insurance Group is an independent insurance agency specializing in commercial insurance products.  Boardwalk has several locations and is licensed in over half the United States.  Turnaround for most policies is less than 24 hours.

Policy Highlights

•     Occurrence or Claims Made Form

•     Nose Coverage and Prior Acts Available

•     Annual & Per Project Policies

•     Can add Transportation Pollution Liability for any/all of the Contractors Vehicles

•     Can add Site Pollution Liability for any/all Contractors Premises/Yard

•     Standard Limits:

•     Base limits up to $1,000,000 per occurrence with a $1,000,000 policy aggregate is available. (lower limits also available).

•     Limits up to $6,000,000 are readily available on both an annual or per job basis.

•     Minimum Deductible: Deductibles start at $2,500 per occurrence

•     Minimum Premium: Starting at $2,000 for Occurrence Form Coverage

•     Note: Some classifications require higher minimum premiums.

•     Mold Coverage: Claims Made Form ONLY

•     Minimum premiums vary due to Location and Classification

•     Application Requirements:

•     Indications are usually available upon receipt and review of other companies’ complete submissions.

•     Oftentimes, we are able to bind the risk with other companies’ completed applications.

Contracting:

•     Above Ground Storage Tank

•     Build Back/Restoration

•     Carpentry/Framing

•     Carpet/Upholstery Cleaning

•     Concrete (Foundation)

•     Concrete (Other)

•     Construction (Residential)

•     Construction (Comm./Ind.)

•     Debris Removal

•     Demolition (Interior)

•     Demolition (Exterior)

•     Dredging

•     Drywall/Wallboard

•     Drillers (not oil & gas)

•     Electrical

•     Emergency Response – Fire

•     Emergency Response – Sewage

•     Emergency Response – Water

•     Excavation

•     Flooring

•     Furniture Moving

•     Grading of Land

•     HVAC

•     Industrial Maintenance

•     Insulations/Fire Proofing

•     Landscaping

•     Masonry

•     Mechanical Construction

•     Metal Erection

•     Mold Abatement

•     Painting (Interior)

•     Painting (Exterior)

•     Pile Driving

•     Plumbing

•     Refrigeration

•     Roofing (Hot tar)

•     Roofing (all other)

•     Salvage Operations

•     Sewer Main Construction

•     Street Road Contracting

•     Tank & Pipe Cleaning

•     UST (Removal)

•     Waste Water

•     Water Extraction

•     Water Main Construction

•     Welding

 

· · ·

Property, General Liability and Event Liability Insurance for Social and/or Service Organizations 4.50/5 (90.00%) 2 votes

Social and Service Organizations are generally very active in their communities.  Many events are frequently hosted both on and off property owned by the organization, necessitating insurance to protect that organization in the event of unforeseen circumstances.

If you are a founder, director, or board member of a Social or Service Organization, it is important that your organization hold insurance to cover property, general day-to-day operations, and events.  Insurance protects organizations from the unexpected and helps guarantee the organization’s future.

The Hit Zone Our highest hit radio

* No losses or circumstances in the past five years

* Classes include but are not limited to:

•     Abused Adult Shelters (Battered Women)

•     After School Tutoring

•     Animal Shelters/Rescue Groups

•     Anxiety Counseling

•     At Risk Youth Counseling

•     Big Brother/Big Sister Organizations

•     Botanical Gardens

•     Boys & Girls Clubs

•     Career & Vocational Counseling

•     Caregivers (Non-Medical)

•     Child Care

•     Community Centers

•     Conservation Groups

•     Counseling & Referral

•     Counseling for Eating Disorders

•     Credit Debt Counseling

•     Crisis Intervention (Non Suicide)

•     Food Banks/Soup Kitchens

•     Gay/Lesbian Services

•     Government Assistance Services

•     Group Homes – mildly handicapped adults

•     Halfway Housing

•     Healthcare Clinics

•     Historical Societies

•     Homeless Shelters

•     Horticultural Societies

•     Hospices

•     Job Placement Services

•     Learning Disorder Services

•     Parenting Education

•     Pregnancy Help Centers

•     Prison Families Support Services

•     Psychologist Services

•     Reading Programs

If you do not see your organization here, this type of policy can still cover your property, events, and general operations.  Contact a Boardwalk Insurance Group representative to see if your organization qualifies.

Eligible Risks

•     Any class not listed as ineligible

•     No more than two claims in the past 5 years for any one line of business

Product Advantages

•     Separate limits of liability for D&O and EPL claims (Note: EPL is an optional coverage, which can be purchased in addition to D&O, but not on a monoline basis.)

•     Full prior acts coverage for D&O and EPL coverage

•     Unlimited Defense outside the limits

•     Lifetime Occurrence Reporting Provision for the former Directors & Officers

•     Third party sexual harassment and third party discrimination coverage

•     Separate limits of liability for General Liability/Professional Liability (E&O)/Abuse  & Molestation.

•     General Liability/Professional Liability (E&O)/Abuse & Molestation written on an Occurrence form

•     Contingent Professional Liability for specific medical professional

•     Property written on Special Form

•     Special Events Coverage available

•     Hired and Non Owned Auto Liability coverage available

•     Expanded definition of Bodily Injury to include Mental Anguish or Emotional Distress

•     Optional Value Plus Endorsement

•     Optional Equipment breakdown – includes free boiler inspection if required in your jurisdiction

•     No General Liability deductibles

•     Admitted Product available in most states

•     Security of an insurance carrier rated A++ by A.M. Best

Available Limits

Directors & Officers

•     Up to $5,000,000 for D&O and EPL. The EPL limit may not exceed the D&O limit

Liability

•     General Liability: $1,000,000

•     Molestation & Abuse: Up to $1,000,000 each claim

•     Professional Liability: $1,000,000/1,000,000

Property

•     Up to $3,000,000 Total Insured Value (TIV) when no habitational and risk is located in a Protection Class 1-6 zone.

•     Up to $1,000,000 when no habitational exposure and risk is located in a Protection

•     Class 7-10 zone. If habitational exposures exist, TIV cap is $500,000

•     Maximum Property value of $500,000 per location for Coastal Zone accounts

Umbrella

•     Up to $5,000,000 limit

If you are involved in a Social or Service Organization and want to ensure your organization holds adequate insurance coverage while saving money, you should contact a representative at Boardwalk Insurance Group.  This independent agency will take the time to learn the risks associated with your organization, whether concerning owned property or events in the community.

· ·

Liability and Event Insurance for Fraternities, Sororities, Fraternal Clubs, and Private Club Members 4.50/5 (90.00%) 2 votes

If you are an executive for a fraternity, sorority, fraternal club, or private club, it is important that your organization hold liability and event insurance to protect your organization’s future, as well as its members and guests.

Product Advantages

Package

•     Expanded definition of Bodily Injury to include Mental Anguish or Emotional Distress

•     Club members included as Additional Insureds

•     Fundraisers and certain special events included at no additional cost

•     Assault and Battery available on most risks

•     Hired and Non-owned Auto Liability Coverage available

•     Optional value Plus Endorsement

•     Optional Equipment Breakdown-includes free boiler inspection if required in your jurisdiction

•     No designated premises limitation

Liquor Liability

Insured has the option of either Basic or Top Shelf coverage

•     Basic Form features Defense costs inside the limits of liability and an exclusion for Assault or Battery coverage

•     Top Shelf provides coverage for Defense costs outside the limits of liability, may provide coverage for Assault or Battery and includes automatic coverage for the Liquor License holder as an additional insured

•     Club members included as Additional Insureds

•     Assault & Battery coverage available on most accounts

•     Credits available for responsible clubs with a formal third party server awareness training program

Directors and Officers

•     Separate limits of liability for Directors & Officers (D&O) and Employment Practices Liability (EPL) claims (Note: EPL is an optional coverage, which can be purchased in addition to D&O, but not on a monoline basis.)

•     Full Prior Acts Coverage

•     Unlimited defense outside the limits

•     Unlimited Extended Reporting Period for former Directors & Officers

•     Punitive Damages, where insurable by law, included automatically

•     Optional fiduciary liability coverage

•     Automatically includes third party discrimination and harassment

•     Free Human Resources Hotline with unlimited number of calls and no time limits (when EPL is purchased)

Liquor Liability

•     Risks serving alcohol past the legally allowable time or “after hour” establishments

•     Risks with the following exposures: risks that allow “Bring Your Own Bottle,” risks that serve liquor in dry county or township, risks that allow same day membership, risks that allow members to bring more than two guests per day, and for social or private clubs

•     Risks located in AL, AK, IL, IA, LA, MS, OR, RI or WV

Directors and Officers

•     Risks that sponsor or administer any insurance programs

•     Risks involved in any labor/union negotiations or collective bargaining

•     Risks located in AK or LA

Available Limits

Package

•     Maximum Liability Limit $1,000,000/$2,000,000

•     Maximum Property value of $3,000,000 for organizations without cooking (protection class 1-8)

•     Maximum Property Value of $1,500,000 for organizations with cooking (protection class 1-8)

•     Maximum Property value of $250,000 for organizations in protection class 9-10

•     Maximum Property value of $500,000 per location for Coastal Zone accounts (wind exclusion applies)

•     Maximum Property value of $200,000 for seasonal risks

Liquor Liability

•     Up to $1,000,000 each common cause/$200,000 aggregate

Directors and Officers

•     Up to $5,000,000 for D&O and EPL (Note: EPL is an optional coverage, which can be purchased in addition to D&O, but not on a monoline basis and may not exceed the D&O Limit)

Submission Requirements

•     Non Profit Fraternal Club Application (NPP CLUB) or equivalent

•     Representation of incurred loss/claim history for the past five years

If you are involved with a fraternity, sorority, fraternal club, or other private club and would like to ensure the organization holds adequate insurance coverage while saving money, you should contact a representative at Boardwalk Insurance Group.  This independent agency will take time to understand how your organization works and will customize a liability and event insurance policy that meets the needs of your organization while exceeding expectations.

 

·

Theme Design by devolux.nh2.me