Get The Right Insurance For Your Boating Needs

When owning and operating a water vessel you must maintain safety at all times. Even if you are as safe as you can be there will still be times when an incident occurs that is completely out of your control. You may have experienced, at one time or another, a situation in which you’ve had to avoid a reckless boat operator who either wasn’t paying attention, or experienced some type of distraction. In either case, had you not been practicing safety you could have been involved in an accident. This is why we express the need for insurance for California boats.


After all, it may only take a split second to cause thousands of dollars in damage to your boat, not to mention the risk of serious injury. Help protect you and your boat in case of accident, liability, or even theft, so you can concentrate on more important things, like getting back to having fun cruising along the marina.


Why insurance coverage is so vital


Your boat was probably a major expense and something you take special pride in owning. That’s why it’s important that you do your part to help protect your boat, Jet Ski, transport trailer, or any other marine equipment that you own, in the event that they’re stolen or suffer major damage of any sort. Also, you need to help safeguard yourself as well as your family and friends in case of a lawsuit resulting from an accident that you’re involved in.


Boat insurance is not only a necessity for protecting you and your passengers, it’s there to protect your assets from being seized due to a lack of insurance or not being properly covered in the case of a major incident involving a large settlement figure. The right boat coverage can keep you from having to pay for damages out of pocket in the event of an accident. Getting quality insurance for California boats that’s the right fit for you is the best thing you can do for yourself. Talk to an agent that can offer you comprehensive, liability, collision and other boat coverages at affordable current rates.

Advantages of Bundling Insurance Policies


While insurers often sell business insurance policies separately, most will make available to small or medium-sized companies business insurance packages that combine protection from all major property and liability risks in one package called a business owner policy, or BOP. Larger companies will often purchase a commercial package policy or they may need to customize their policies to meet the special risks that they may face.


Different coverages needed by most companies


The standard BOP covers the three essential areas of concern, which includes liability protection. This covers a company’s legal responsibility for any harm that it may cause to others. For example, If an owner, or anyone that he or she employs, does (or fails to do) something that may cause bodily injury or property damage to others, due to defective products, faulty installations and any errors in services provided, can be grounds for a claim.


Property insurance covers the buildings, along with the contents (equipment, furniture and the like) owned by the company. There are two different forms available – standard, and special, which will provide more comprehensive coverage for companies with specific needs beyond the standard coverage.


Business interruption insurance is vital for any company that suddenly, and unexpectedly must close due to anything from a power outage to weather conditions that causes damage or destroys their property. In fact, it provides for anything that forces the business to cease to properly function as outlined in the policy. This also covers loss of income and can include any extra expense of operating out of a temporary location while repairs are being made.


It’s important to note that a BOP, for all of the coverage that it does provide, doesn’t cover everything. Certain claims, including those arising from professional services performed are not covered, nor are client damages due to inaccurate or incomplete advice given to a client that results in financial loss or reputational damage. A separate policy needs to be purchased for these exposures.


If you think a business owner policy is a good fit for the type of operations that you’re engaged in, speak to an agent that can determine rates quickly and efficiently.

Client Selection Integral for Accountants

Dissatisfied clients are a source of concern for CPAs. A costly mistake can easily lead to a lawsuit and ruin what was perhaps a great working relationship at one time. One way to be protected against claims of errors or omissions is with the support of professional liability insurance for accountants. Another way is to be thorough and cautious in selecting the clients you wish to represent.


One bad client can lead to major issues


Remember that it’s better to sever relationships with a questionable client before things turn ugly. No amount of fees generated from a client with a libelous history is worth the headache, especially when it results in a claim being filed against you. As an accountant, you must take a thorough look at the reputation of clients you take on, always check references, and even investigate into why they’re changing accounting firms at the present time.


Start out by sending a concise engagement letter, and if your new client refuses to sign it, that’s likely to be a bad sign. If clients are uncomfortable signing a letter, let them know that the insurance company requires it. If you foresee this attitude as an indication that they will present problems down the road, kindly dismiss yourself from providing your services. In any event, engagement letters should be updated annually or whenever additional services will be performed.


Avoid claims of embezzlement and other violations 


Unethical behavior by a client is one of the foremost reasons for disengagement and you may even want to consider that it may be safer to take a stand against a client than it is to defend them in a suit brought on by a third party.


Although technical errors are often simply honest mistakes, the majority of technical errors can and should be avoided. Have an independent review of the work done by the accountant’s office before it is released to the client. This will often catch errors and will hopefully minimize the possibility of a liability claim.


Claims are an unfortunate result of dissatisfied clients, and these situations are difficult to defend even when fully disclosed. Protect your interests with professional liability insurance for accountants. Speak with an agent to discover just which policy will best work for you.

What Insurance Coverages Banks Should Carry

Banking institutions are certainly no strangers to the breadth and scope of risks they face, especially in today’s business environment where they face much stiffer competition than in years past along with more stringent regulations than ever before. Yet as these lending institutions continually adapt to the changing needs of their operations and services in order to stay ahead of the curve, they could face certain risks, which could also be compounding their vulnerability to a wide variety of financial threats.


There are many unknown perils that may lurk over the horizon, while daily issues such as employee theft and even common slip and fall claims work to hurt a bank’s reputation as well as their bottom line. In times like these, it’s important to have a stable, experienced insurer in your corner that understands the ins and outs of your institution’s operations and can provide the right type of Insurance for Banks designed to fit your needs, both basic and complex.


Tailored insurance solutions you can depend on


Your insurer’s job is to provide you with a well-rounded insurance program that can both protect your operations and help you manage the costs associated with claims, lawsuits, and situations resulting in a loss of stability. The right insurance agency will aid you by providing property and casualty policies with the capacity to help streamline the insurance process for you. In doing so they will also help you avoid the complications of dealing with multiple insurers.


Protecting your operations property should be among their chief concerns. For example, a fire could damage or destroy your institution’s buildings, and the cost of reconstruction could include meeting newer building ordinances. Naturally, your insurance will pay the replacement cost to rebuild the building, including the cost to comply with ordinances or laws, up to the policy limit. But you will also benefit from having business income and extra expense coverage in case a catastrophic storm wreaks havoc on multiple branch locations, causing the closure of one or more branches, perhaps for weeks or longer.


You will likely want to purchase an all-risk property / business income perils insurance policy that helps to protect you from the impact of lost revenue. There are other products available that might also fit your needs, including Professional Liability for Banks, Cyber Liability, Crime, D&O, and Employment Practices Liability Insurance, among others. Speak to an agent about Insurance for Banks and get the type of coverage that you benefit from the most.

Contractors and Implementing Vehicle Safety

Contractors regularly have workers who are at risk of injury. In addition, because they’re required to operate in highway work zones or other areas where they are exposed to traffic, movement of construction vehicles, and other equipment, their exposures rise. As a result, there is a need to pay special attention to safety concerns. They also need new jersey contractors insurance in place to address any injuries or other concerns that may occur.

Overturns, collisions, even being caught in running equipment can cause serious injury to workers operating construction vehicles or equipment. Flaggers and other workers on foot are constantly exposed to the risk of being struck by passenger traffic or construction equipment. At times they are not visible to motorists or equipment operators, which only increases the danger. It’s estimated that more than 40,000 people are injured each year in accidents in these work areas.

Project managers can use an internal traffic control plan (ITCP) to coordinate the flow of construction vehicles, equipment and workers who are operating in close proximity within these activity zones.

Temporary traffic control devices very effective

The project supervisor should be evaluating the effectiveness of the temporary traffic control setup, which should include signage, warning devices, paddles and concrete barriers used consistently throughout the work zone. These items can also help reduce injuries. By walking or riding through the job site looking for skid marks, damaged barricades and other evidence of near misses, a supervisor can evaluate the effectiveness of the temporary traffic control devices.

Implement common safety practices

In order to better protect workers, construction sites use a back-up alarm or guide during all backing of bi-directional machines like rollers, compactors, front-end loaders, bulldozers and similar equipment, excluding forklifts.

Using a horn that is distinguishable from the surrounding noise level as needed when the machine is moving in either direction is also important. Always keep this horn in operating condition. Be sure that all vehicles have full operational braking systems and brake lights and that parking brakes are set when not in use. Block and chock on hills as needed.

Be sure that all vehicles have working headlights and taillights when used in low light, and use seat belts when transporting workers in motor and construction vehicles. It’s vital to inspect all vehicles before using them for broken or unsafe conditions, including brake systems, tires, the horn, steering, couplings, and any other safety and health program system. While this will help reduce accidents significantly, they can still occur. Speak to an agent today about your new jersey contractors insurance needs.

Clever Ways to Market Insurance Online

American insurance marketing is all about Internet Marketing, also known as digital marketing and includes a number of strategies. One such strategy is using your website as a hub to get leads. By driving traffic to your agency site to specific pages based on an SEO strategy that is compromised of key words (ex, auto insurance in Orlando), prospects will read about your expertise and product and have an opportunity to contact you with a prominent call to action. These leads can then be downloaded into your CRM for follow up by your producers.


Content marketing produces results


Good content marketing is key to successful Internet Marketing. It begins when you create or share interesting content meant to be helpful to your audience. Your sole purpose shouldn’t be to sell product, however. The idea behind this concept is to get your policyholders eager to hear from you. That way you stay top-of-mind with them when the time comes for them to look into new products and services.


A smart agent once said that the easiest leads to close are those that come from referrals from satisfied clients, so take the time to reach out to your policyholders by providing them with great content marketing and multipurpose this content across your online channels.


A good blog offers plenty of opportunities


A good blog offers content that is both interesting and engaging. Think of topics that are industry adjacent to what you do. Avoid writing about subjects that don’t fit in with your business model. Sharing high quality content to your social networks is key to having a socially engaged network of followers.


You should continuously promote this content through email and social websites, and then use this as a tool in order to get those interested to submit inquiries. This is a great way to get your email only clients on your social media channels and your social clients to read all the great blog posts and links you’ve been sharing.


Pollution Concerns and Orlando Manufacturers Insurance

Manufacturing companies understand the many growing environmental risks and liability concerns that they face. They may come under harsh scrutiny over the chemicals and toxins required by their industry, and can only protect themselves with some form of pollution liability coverage available through Orlando manufacturers insurance agencies. This is an effective risk management tool used to cover gaps left by any pollution exclusion found in standard commercial general liability policies.


Environmental risk and liability concerns have grown significantly due to many high profile disasters reported in the news. Costly oils spills and other releases of hazardous waste have destroyed wetlands, damaged our oceans and threatened our wildlife. Recent water contamination, most notably that discovered in Flint, Michigan, can potentially poison our drinking water all throughout the US, so diligence is essential to prevention.


All nations must address these concerns


The use of chemicals and other toxins, while necessary, create a growing concern on a global level. While we have a heightened awareness of the long-term environmental effects of these actions, we still face a heated debate on issues such as global warming, sustainable agriculture, and green building. These are certainly topics worthy of discussion, and in need of a resolution.


The impact of hazardous waste in our air, ground, and water supplies may be having a serious impact on human life as well as the environment. This requires an understanding of just what actions need to be taken. Manufacturers need to determine how to better manage these exposures, and pollution liability coverage can be an effective, strategic way to help to accomplish this.


However, much of the damage often goes unreported, or lacks any type of regulatory oversight. It may only take one catastrophic release from a pipeline, or an explosion that could result in immediate and long-term damage occurring. In such a scenario, the manufacturing company deemed responsible could face lawsuits, reputational damage, and significant liabilities issues.


Unfortunately, the production of finished, marketable products from raw materials comes at a price, as this process generates toxic waste. There is a need for more robust management of on-site and off-site chemicals and waste materials, or the result could be considerable environmental damage, at an extremely high cost. Orlando manufacturers insurance is one way to aid companies when an accident or oversight occurs.

How To Cover Oil Field Risks

If you work in the oil and gas industry, you’re most likely well aware of the many risks that are involved in your business on an everyday basis. Oil fields in particular present a highly specialized challenge in terms of their risk profile. Oil field insurance in NM is designed to cover for the various potential events that have the potential to bring about crippling losses and damages in the oil field sector.

Specialized Providers Know Coverage

Coverage is important for all of those who work in the industry and the property and equipment they use to do their jobs. In the oil field sector, insurance coverage can be designed to protect trucking companies and their employees across the wide range of services they provide. A specialized insurance provider knows the complicated risks involved in hot shot trucking, rig moving, pressure pumping and operating vacuum trucks. That’s why professionals in the oil and gas industry trust their insurance coverage to providers who understand their work and the unique challenges it presents in terms of policy coverage.

Protect Your Investment

Oil field insurance in NM is all about protecting your investment in one of the most top 10 states in the country in terms of crude oil production. When you take out the highly specialized coverage designed for the oil and gas industry’s particular needs, you can rest assured that your investment is protected.

NJ Business Insurance and Cyber Theft Issues

Data breaches, network security, and identify theft are terms that many small business owners are dealing with on a regular basis. The fact that these types of exposures are running rampant in businesses across a wide spectrum are a concern that needs to be addressed. Fortunately, cyber coverage is available in the form of NJ business insurance coverage.


Over the last few years it became apparent that even small businesses were being infiltrated, simply because they were easy targets due to a lack of proper security, and as long as companies using computers and storing private information lack the proper remedies, they will continue to fall prey to hackers and thieves bent on stealing private information for resale.


More and more companies have added cyber liability policies to their business insurance package in order to address all levels of risk. Meanwhile, the insurance industry continues to address these exposures with various types of cyber liability coverages. Whether the attack comes from external sources, which is often the case, or if an employee or someone with access from within commits these crimes, this coverage is essential to businesses at risk.


Cyber theft can be extremely costly


Once a company is the victim of a breach, and information is obtained, the cost involved in informing clients, customers, and employees can be substantial. The thieves will likely sell any credit card numbers, social security numbers, and other valuable personal info to resellers who turn around and sell them in online forums or to other thieves. They will often encode the numbers onto blank plastic cards in order to obtain funds through ATM machines or purchase goods over the counter.


Every business owner is at great risk


Data breaches occur that can affect millions every year. Malicious threats, such as Malware, Spyware, and “Phishing” often create exposures and the results can be quite damaging. Non-malicious threats pose serious concerns as well, and issues like lost, stolen or misplaced laptops and smartphones, use of company computers by unauthorized users, and internal network sharing/configuration errors can be equally responsible for a breach.


Companies are required by law to notify customers in their database whenever a breach is suspected, which will often bring further damage to a company in terms of reputation, along with a loss of customer confidence. When an owner factors in the expenses to defend against hackers, they can see just how costly this can be. You simply cannot afford to be without NJ business insurance that deals specifically with cyber liability issues.

Temporary Workers Bring Solutions and Risks, Too

For years, companies have used temporary employees as a convenient and economical way to meet last minute and short-term staffing issues. A staffing agency pays a temporary worker for their services, but employers remain obligated to comply with state and federal employment laws, including discrimination statutes. As the use of temporary workers increases, employers need to guard against potential liabilities. Observers say the recent temp-hiring upswing is a reflection of our improving economy.


Temp employees create many of the same exposures


Some employers don’t realize when they hire employees through temp agencies they’re potentially exposing themselves to most, if not all, the same risks that are involved in directly hiring employees. As long as you control those employees and you require them to adhere to your polices (and they are directly supervised by your firm), then they are essentially considered to be your employee under various employment laws. If they file a claim for harassment, discrimination or other unfair business practices, you will need temporary staffing insurance as a way to mitigate against such claims.


Temporary employees are different from “leased employees” however, and their distinction matters for purposes of workers compensation coverage. To the client company, the temporary workers or “temps” are usually considered independent contractors. To the leasing company, they are actual employees.


It is fairly easy for a client company to include temporary employees in its workers compensation policy. The names and relevant data of the temps are submitted to the insurer as persons affecting payroll and the risk modification rating. It’s easy to classify these individuals as additional employees in the general type of work done by the client company.


Whether workers are brought in by a staffing agency or directly, employers need, not only temporary staffing insurance but also to be concerned about employment laws and benefits. Failing to clearly define what is considered temporary employment runs a real risk that one of those contingent workers could claim they were entitled to benefits under the company plan.