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

Archive for February 2012

Who Needs Professional Liability Insurance? 4.50/5 (90.00%) 2 votes

Professional liability insurance protects professionals where a small error in their work could have disastrous financial results for their client.  Professionals who give out advice or handle paperwork are the most prominent holders of professional liability insurance, however many professions can use professional liability insurance to protect themselves from the cost of error related damages.

Professional liability insurance is important for many professionals, since it protects them from the financial damages related to an error in their work.  Professional liability insurance can cover a wide variety of professions where precision can be very important, and lack of precision can be very costly.

Here is a small selection of risks considered:

  • Architects/Engineers
  • Advertising Agencies
  • Animal Grooming Services
  • Auctioneers
  • Billing Services
  • Car Title / Tag Services
  • Caterers
  • Claims Adjusters
  • Collection Agencies
  • Consultants
  • Credit Investigations
  • Direct Mail Services
  • Employment Agencies
  • Event Planners
  • Expert Witness
  • Funeral Directors
  • Hotel Managers
  • Management Consultants
  • Marketing Consultants
  • Real Estate Agents
  • Tax Preparers
  • Temp Services
  • Trainers
  • Travel Agents
  • Administrative / Office Services
  • Alarm Monitoring
  • Answering Services
  • Bookkeepers
  • Career Counseling / Researchers
  • Claim Administration
  • Composers / Lyricists
  • Court Reporters
  • Data Processors
  • Ergonomic Consultants
  • Forensic Analysts
  • Graphic Designers
  • Home Inspectors
  • HR Consultants
  • IT Consultants
  • Media/Publishing
  • Marketing Firms
  • Medical Billers / Coders
  • Mortgage Field Services
  • Photo Services
  • Property Managers
  • Telemarketing Services
  • Third Party Administrators
  • Translators

If you do not see what you need on this list, contact Boardwalk Insurance Group to see if your profession can be covered.

Professional liability insurance is important since small errors in their work can lead to costly financial losses.

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Commercial General Liability Insurance for Oil and Gas Service Businesses 4.50/5 (90.00%) 2 votes

The commercial oil and gas industry can come with high risk but has extremely high rewards.  Businesses involved in the oil and gas industries need protection for their employees, including commercial general liability insurance.

Commercial general liability insurance provides an invaluable level of protection for businesses involved in the oil and gas industries.  This commercial general liability insurance covers a variety of businesses related to the oil and gas industries, including lease operators, perforation services, and equipment on site.

Coverages offered

General liability

  • Oil and gas businesses to which this applies
    • Oil and gas leas operators and non-operators
    • Perforation services
    • Leasing or renting of down hole tools or lease site equipment
    • All oil and gas related contractors, both over the hole and not over the hole

Excess Liability

  • Limits available up to $5,000,000

Hired and non-owned auto

Coverage Highlights

  • Sudden and accidental; time element pollution (30/90), including voluntary 1st party cleanup costs
  • Underground resources and equipment
  • Blanket waiver of subrogation
  • Blanket additional insured/primary and non-contributory
  • Ability to write new ventures

States Approved:

  • AK, AL, AR, CO, IL, ID, KS, KY, LA, MI, MO, MS, ND, OH, OK, TX, UT, WV, WY, (CA and NM coming soon)

Minimum Premiums

  • $2,000 – contractors – NOT over the hole (excluding pollution, underground resources, blowout, cratering and explosion, and underground equipment)
  • $2,500 – Contractors – NOT over the hole (broad form)
  • $3,500 – Lease operators/non-operators (broad form)
  • $5,000 – Contractors – over the hole (broad form)

Submission Requirements

  • Appropriate ACORD applications
  • 3 years currently valued loss runs, for each line submitted
  • Appropriate supplemental applications (operator, contractor, pipeline)
  • Well schedule (operators/non-operators)
  • Expiring and target premiums
  • Need-by Date

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Where to Find Cheap and Fast Commercial Insurance Quotes for Small Businesses and Owners 4.33/5 (86.67%) 3 votes

Small businesses are a very important part of the economy.  However, they face tough competition from large, name brand stores and frequently have to find unique ways to cut costs to lower their overhead and compete in a tough marketplace.  These small business insurance packages can help save money and protect the business.

Small business insurance takes big business policies and makes them more appropriate for the smaller settings that small businesses operate.  The coverage and limits of big business policies are generally not needed and small businesses do not want them.  This small business insurance package is perfect for many types of businesses.

Business types covered:

  • Grocery stores
  • Gas stations
  • Convenience Stores
  • Liquor Stores
  • Beverage Stores
  • Restaurants
  • Bars
  • Taverns
  • Clubs
  • Adult entertainment
  • Child care facilities
  • Janitorial contractors
  • Apartments
  • Rental dwellings
  • Homeowner associations
  • Condo associations

If you do not see your type of business here, contact Boardwalk Insurance to see if this policy can be adapted for your business

 

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Professional Liability Insurance Products for IT Pros 5.00/5 (100.00%) 2 votes

Information Technology professionals are tasked with creating and maintaining many electronic files, infrastructure, and information for businesses.  Being successful in the information technology business means handling quite a bit of information and interpreting and distributing it for others to use.  Unfortunately it is almost inevitable that mistakes are made.

Professional liability insurance protects many types of professionals, including those in the information technology industry.  Professional liability insurance covers losses due to negligence, misrepresentation, unfair dealing, and poor or inaccurate advice.  Professional liability insurance is unique because the damages are not physical, but they can still be financially harmful.

Our MicroTek Pak Product Targets:

  • IT Consultants with up to $500,000 in revenue
  • Up to 3 Professionals

Minimum premiums starting as low as $995.

Our SuperTek Pak Product Targets:

  • IT Consultants with up to $15,000,000 in annual sales

Policy Highlights:

  • Defense Outside the limits of liability

Do you know any professionals working in:

  • Website Design
  • Software Development
  • Database Administration
  • Web Hosting
  • Software/ Hardware Sales
  • And many, many more

 

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Insurance for Tattoo Shops, Body Piercing Professionals, and Beauty Salons 4.60/5 (92.00%) 5 votes

Going to a salon can involve more than just a simple haircut.  The many ways a salon can beautify the body is a growing list requiring new ways of training and more supplies.  This also increases the risk for the salon because there is more that can go wrong.  Tattoo shops and body piercing shops also need insurance to protect them from damages that can result from complications of their work.

Commercial liability insurance for tattoo shops, body piercing professionals, and beauty salons protects individual employees as well as the establishments from the costs associated with a poor job.  While professionals in those industries  hold those jobs based on qualifications, sometimes mishaps do occur.

Tattoo & Body Piercing Insurance

  • Body Piercers, Tattoo Artists and Shops
  • Body Piercing minors:
    Limited option to include: ears, nose, navel
    Plus option to include: ears, nose, navel, eyebrows, tongue
  • Apprenticeship programs
  • Guest artists & piercers
  • Landlords
  • $1,000,000 / $3,000,000 Limit Available
  • Property Coverage (available in most states) can include
    contents, business income, flash, glass and sign.

Coverage for business property available

Beauty Salon Insurance

  • Facials & Peels
  • Microdermabrasion
  • Electrolysis Insurance
  • LED / Microcurrent
  • Body Wrap Insurance
  • Massage Insurance
  • Eyelash Enhancements
  • Foot Detoxification
  • Pilates Insurance
  • Eyebrow Enhancements
  • Airbrush Tanning
  • Tanning Salons
  • Hair & Nail Salons
  • Hydro Massage
  • Wax Removal
  • Sauna & Spas
  • Yoga Insurance

 

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Restaurant Insurance with Liquor Liability Coverage – From Sports Bars to Fine Dining 4.40/5 (88.00%) 5 votes

At fine dining restaurants, frequently quality liquor will flow freely as a complement to the dinner.  Fine wines and perfectly aged liquors can make any evening out go even more smoothly.  Restaurants that serve liquor, however face greater scrutiny to ensure that they are only serving to the correct people.

Liquor liability insurance is important to protect businesses from the costs that can be associated with the restaurant when liquor is found to be at fault for an accident.  For restaurants that cater to a clientele that expects a higher quality product, a higher amount of coverage is generally needed.  Liquor liability insurance for fine dining restaurants gives an important line of protection in the event liquor is deemed to cause an accident.

This product is specifically designed to accommodate the coverage and pricing needs for fine dining and white table cloth restaurants. Our Fine Dining eligibility requirements include:

  • Average entree price must be greater than $20
  • Average bottle of wine must be greater than $30
  • Number of bottles on the wine list must exceed 10
  • Incidental Entertainment is acceptable

Coverage Features:

  • Expense costs outside policy limits
  • Assault or Battery coverage available on most risks
  • Automatic coverage for Liquor License holder as additional insured
  • Employees included as insureds at no additional premium
  • No deductible
  • Credits available for responsible establishments with a formal third-party server awareness-training program
  • Landlord & Grantor of Franchise may be named as an additional insured for a nominal additional premium
  • Terrorism coverage included for no additional premium

Depending on the Laws in a State, Fine Dining Establishments can be held liable for actions of intoxicated or underage persons who are served alcohol.

  • Fine Dining Establishments can be put out of business without proper Liquor Liability coverage in place
  • The negligent service to a knowingly intoxicated patron can produce substantial verdicts or settlements
  • Even if an establishment is not found liable, it may cost hundreds of thousands of dollars to defend a claim
  • Underage drinkers make up a significant portion of alcohol-related traffic crashes

Liquor Liability Product Features:

  • Our Fine Dining Product offers our Preferred Restaurant Rates, regardless of the percentage of alcohol to food receipts
  • Limits available up to $1,000,000 occurrence/$2,000,000 aggregate
  • No Deductible
  • Employees automatically covered as an insured on the policy
  • Expanded definition of bodily injury
  • 15% credit per year on liquor liability insurance when your servers are trained. Visit www.liquortraining.com, for more information

Appetizer

The Basic Product features Expense costs inside the limits of liability and an exclusion for Assault or Battery coverage

Main Entrée

Special of the Day

New Competitive Minimum Premiums starting at $500

The Top Shelf Product provides coverage for Expense costs outside the limits of liability, Assault or Battery coverage (included or optional), and includes the Liquor License Holder automatically included as an additional insured

Liquor liability insurance is absolutely necessary since an accident attributed to liquor can be very costly for both the person who causes it and the party that supplied the liquor.

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Insuring Those In a Specialty Construction Business 4.50/5 (90.00%) 4 votes

Construction is a demanding industry.  There are deadlines to meet, quality to ensure, and safety to observe.  Specialty construction jobs can be even more sensitive to the demands of the industry, where the average construction company and their reputation will not suffice.

Construction insurance combines many different insurance coverages into a unique policy for construction companies.  Construction insurance also extends to contractors hired by the construction company to help complete the project in a timely manner.  These construction insurance policies cover a very wide variety of specialty construction companies and offer much flexibility when creating a construction insurance policy.

Owners & Contractors Protective Liability Coverage:

  • Minimum Premium of $2,500
  • Deductibles from $0 to $5,000
  • Limits up to $3MM/$6MM
  • Appetite for Residential, Commercial, Industrial, and Governmental projects
  • 100% Earned Premium on RPL Coverage

Railroad Protective Liability Coverage:

  • Minimum Premium of $1,500
  • No deductible
  • Limits up to $2MM/$6MM
  • 100% Earned Premium on RPL Coverage

Optional GL Coverages Available:

  • Employee Benefits
  • Hired and Non-Owned Auto
  • Limited Electronic Data
  • Limited Pollution

Sample of Construction Operation that can be considered:

  • Alarm Installation, Service and Repair (With Limited Professional Available)
  • Boiler, Inspection, Installation Cleaning or Repair
  • Bridge or Elevated Highway Construction
  • Carpentry
  • Cell Phone Tower Erection, Service and Repair
  • Concrete Construction
  • Conduit Construction for Cables or Wires
  • Demolition Contractors
  • Driveway, Parking Area or Sidewalk – Paving or Repaving
  • Drywall or Wallboard Installation
  • Electrical Apparatus Installation, Service and Repair
  • Electrical Work Within Buildings
  • Excavation and Grading of Land
  • Fire Suppression Systems Installation, Service and Repair (With Limited Professional Available)
  • General Contractors – Commercial and Industrial
  • Heating or Combined Heating and Air Conditioning Systems or Equipment
  • Logging and Lumbering
  • Machinery or Equipment – Installation Servicing or Repair
  • Masonry
  • Metal and Steel Erection
  • Plumbing
  • Roofing
  • Sewer Mains or Connections Construction
  • Solar and Wind Energy Construction
  • Street or Road Construction or Reconstruction
  • Welding or Cutting

 

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What You Should Know When It Comes to Insurance for Your Nightclub, Lounge, Bar, or Tavern 4.80/5 (96.00%) 5 votes

Whether you prefer the nightlife at a trendy club blasting the latest hits or a more intimate, calm spot, your favorite bar or club is always a stop for a night on the town.  Nightly, clubs face many potential hazards, including unruly patrons potentially harming other guests and property.

Insurance for bars includes a wide variety of coverage tailored to the unique needs of a bar, nightclub, lounge or tavern.  One of the most hazardous claims against these establishments involve the sale of liquor, whether to minors or overly intoxicated guests, and insurance for bars includes liability protection that can be very beneficial in the event an incident occurs.

Coverage Features:

  • General Liability that expands the definition of Bodily Injury to include mental anguish or emotional distress with no deductible
  • Liquor liability coverage available
  • Replacement Cost coverage available
  • Special Cause of Loss available
  • Loss of Income coverage including Loss of Rents
  • Equipment Breakdown Coverage including $25,000 food spoilage sublimit
  • Value Plus Endorsement is available on accounts eligible for Special form offering 15 valuable coverage enhancements including; Water Back-up, Money & Securities, Employee Dishonesty, Signs, Electronic Data, transit and more
  • Hostile Fire Exception to Pollution Exclusion
  • Defense costs to provide outside the limit of liability
  • Availability of Hired/Non-Owned Auto Liability coverage
  • Dance Floor and/or light entertainment acceptable
  • Improvements and Betterments coverage available
  • Sprinkler leakage coverage available
  • Theft coverage available

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Our Inland Marine Products Provide “All Risk” Coverage! 4.11/5 (82.22%) 9 votes

While the term ‘inland marine insurance’ is kind of a misnomer, it is still an important insurance policy to have.  Inland marine insurance is a very adaptable and flexible type of policy that can be used in a variety of situations.  For the best protection, be sure you have inland marine insurance.

Inland marine insurance is designed to protect property in transit, especially high-value items such as tools and machinery.  Inland marine insurance is recommended for business owners, especially ones that travel for work or work with high value items.  Since it is such a flexible policy, inland marine insurance can prove invaluable for nearly any business.

Introducing an Inland Marine product that provides “All Risk” coverage.

Reasons for Inland Marine Select Coverage:

  • Damage by fire caused by mechanical breakdown
  • Arson of your equipment
  • Snow or ice damage
  • Vandalism or malicious mischief
  • Theft of items from your vehicle’s trunk or place of business
  • Lightning striking your equipment

Product Features:

  • Broad appetite for various classes of equipment including; medical, musical, DJ, photography, catering and sport equipment
  • Competitive rates based on type of equipment
  • Additional acquired equipment is automatically covered for up to 30 days (up to $10,000 per item)
  • Equipment leased, loaned or rented from others can be covered
  • Available on both a blanket and scheduled basis
  • Transit coverage is automatically included
  • Additional premium credits available

Limits of Insurance:

  • $500,000 limit of insurance*
  • Limit per individual piece of equipment varies by type
  • $2,500 maximum limit per item for blanketed equipment *$500,000 in Texas coastal areas which is $250,000 excluding wind and hail

Additional Advantages:

  • Low standard $500 deductible
  • Affordable $500 minimum premium
  • Contact within 24 hours of claim by an adjuster
  • Quick Quote turnaround

 

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Youth Sports Organizations and Little League Teams Should Carry an Insurance Policy 4.25/5 (85.00%) 4 votes

As much fun as they are to watch, sports can be dangerous activities.  There is always the potential for bodily injury in nearly every sport.  Insurance is also needed for the facilities they use and even for fundraisers hosted by the youth sports team.

This all-in-one insurance for youth sports package product provides protection for a variety of sports.  Property and liability coverage is offered in this insurance for youth sports package with a wide range of limits, ensuring that a small incident does not force the youth sports group to disband.

This All-In-One Non Profit Package product provides Youth Sports Organizations, with participants 18 years of age and younger, the opportunity to purchase General Liability, Property, and Directors & Officers (D&O)/ Employment Practices Liability (EPL) coverage all on one policy!

Target Accounts – The highest quote and bind ratio

  • New and existing organizations
  • Sports include but are not limited to Soccer, Football, T-ball, Baseball, Softball, Basketball, Volleyball, Tennis, Golf
  • Organizations that require parents or legal guardians to sign waivers of liability/release forms for all activities
  • Organization that perform background checks on all employees and volunteers
  • Organizations that have Accident & Health coverage in-force
  • No more than 1 loss or claim in the past 3 years

Product Advantages:

  • Coverage is available for athletic participants
  • Abuse and Molestation limits up to $1,000,000 occurrence/$1,000,000 aggregate available
  • Assault and Battery sub-limit of $50,000 available at no additional charge
  • Hired and Non-Owned Auto Liability coverage available in most states
  • Fundraisers and certain special events included at no additional cost
  • Landlord listed as an Additional Insured for no additional charge
  • No liability deductible
  • Separate limits of liability for Directors & Officers (D&O) and Employment Practices Liability (EPL) claims
  • Lifetime Occurrence Reporting Provision for former Directors and Officers
  • Unlimited defense costs outside the limits for D&O and EPL coverage
  • Full Prior Acts Coverage for D&O and EPL coverage
  • Optional fiduciary liability for D&O coverage
  • Property available on Special Form and Replacement Cost
  • Inland Marine coverage available for sports equipment
  • Crime coverage available

Available Limits:

  • Liability limits up to $1,000,000 occurrence/$3,000,000 aggregate
  • Abuse & Molestation limits up to $1,000,000 occurrence/$1,000,000 aggregate
  • Assault & Battery sub-limit of $50,000 at no additional charge
  • Property values up to $500,000 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.)
  • $5,000,000 additional capacity available for Umbrella Coverage

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