Commercial Insurance

Every business is unique. Although a business may be in the same industry or profession as another, this is where the similarity ends. So rather than take a cookie cutter approach to determine your insurance and risk management needs, we make every effort to learn your business.

Once we, you and Pacific General, establish what those needs are than we can create a program that addresses those needs.  Pacific General Insurance Services Inc. can provide programs for you that include:

Auto - Commercial

If you use your auto(s)/trucks(s) for business you need commercial auto insurance. The size or type of vehicles is not the only factors that determine commercial use. Other factors that may come into play can be, GVW, distance driven, type of equipment, cargo carried and various other factors. It is important that when you consult with a commercial insurance professional that you disclose all relevant information so that they can provide coverage that is appropriate at the best price available.

Non-Owned Auto

This is an important coverage that is sometimes overlooked and can leave a gap in your insurance program when not included. Do you ever ask an employee to run an errand or perform function for the company using their own auto? If the answer is yes, than you probably have a Non-Owned auto exposure. In most states the owner of that vehicle is responsible for providing the primary insurance for that vehicle. However, the protection afforded to that individual does not necessarily extend to your business and in case of an accident could leave your business unprotected.

BOP (Business Owners Package)

The Business Owners Policy is a policy that was designed to address the needs of some types of small to medium businesses. The concept is straight forward in that the BOP offers building, contents and liability insurance for the operation of the business. Although coverage, limits, and terms and conditions vary from insurer to insurer, this type of policy typically provides an opportunity for business’ that qualify to acquire a business policy with expanded coverage at a competitive price.

Business Interruption

As a business owner you have to ask yourself: If my business suffers a property loss, will it cause a production slow down or force a shut down for repairs or replacement? How much revenue will we loose? One solution to assist in maintaining your revenue stream is Business Interruption Insurance. From the time the loss occurs until occurs until your business is running, insurance can replace your lost profits and provide a source of money to pay your necessary continuing expenses including payroll, taxes and various other expenses.

Commercial General Liability

Depending on the type of business, there are various forms of liability coverage and limits available. The intent of this type of policy is to defend a business against legal action brought against it for causes of action defined in the policy. It is important that you consult with a commercial insurance professional to examine a business’ needs and design an insurance program based on your exposure to loss.

Commercial Umbrella

This type of policy is typically used to increase your primary liability limits. It can usually be acquired in million dollar increments.

Completed Operations

A form of insurance issued particularly to various types of contractors. It covers a contractor's liability for accidents arising out of jobs or operations that he has completed.

Crime Insurance

All business are potential targets to employee theft, fraud, embezzlement and forgery.  Commercial Crime Insurance is designed to address the risk of employee infidelity. This is why Crime Insurance is often called fidelity insurance, in most cases Commercial Crime Insurance protects against employee theft, fraud, forgery, and other crimes.

Directors & Officers Liability

This coverage provides financial protection for the directors and officers of your company in the event they are sued in conjunction with the performance of their duties as they relate to the company. This coverage has been compared to a form of Errors and Omission coverage.

Employment Practices Liability (EPLI)

This type of liability insurance provides protection for an employer against claims made by employees, former employees, or potential employees. It covers discrimination, wrongful termination of employment, sexual harassment, and other employment related allegations.

Errors & Omissions (Professional Liability)

Professional liability insurance, also sometimes referred to as Errors and Omissions, is insurance to protect you and your company in the event a client alleges they have suffered a financial loss as a result of an error or an omission committed by you in the delivery of your professional services. Professional liability coverage is separate from a General Liability (GL) policy which would cover you mainly for bodily injury or property damage liability.

Inland Marine

Inland marine insurance  covers exposures that involve property and merchandise while in transit or "floating".  Valuable papers and documents, as well as mobile equipment and other supplies are covered by this policy.

Product Liability

Product liability insurance protects you in case a product you produce or provide causes harm to a user or a user's property. A "product" is anything that is tangibly used, touched, or consumed. This type of insurance is recommended for every business that manufactures a product, but is especially important for companies that produce food, clothing, toys or anything else that could conceivably cause harm to someone.

Most business owners policies include limited product liability coverage. If, for some reason, you do not have this coverage through a business owner's policy and your product runs the risk of inflicting harm on other people, you may need to buy product liability separately. Similarly, if your product presents a higher risk of injury (for example, it contains a hazardous material), you may need to purchase additional coverage.

Sexual Misconduct

Sexual Miscondust insurance covers you for defense and judgments brought up against you and or your business for claims and suits regarding abuse and sexual molestation.  Although there may not be a judgment, the cost to defend these suits can quickly mount and put a business of any size out of business very quickly, even if the case is dismissed.