Frequently Ask Question

What Is Insurance?

The success of a business, whether it's a tiny enterprise run out of a basement or a large corporation, is largely dependent on hard work and ingenuity. However, no matter how industrious you are, one disaster can wipe out all your profits and even destroy your business. The key to making sure that all the effort and money you have invested in a business doesn't disappear when a disaster strikes is to protect it with the Appropriate Insurance.

What Is General Liability?

Commercial General Liability. CGL policies cover claims in four basic categories of business liability: Bodily Injury,Property Damage, Personal Injury ,Advertising Injury. Commercial liability insurance is not expensive but the cost to defend a claim can be catastrophic. One benefit of carrying general liability insurance is that for covered claims, damages, legal defense fees and settlement charges are all paid by the insurer up to the limits of the policy.

What Is Property Insurance?

Property insurance protects your business property against physical loss or damage by theft, fire or other means. Because every business has property that could become lost or damaged, this form of business insurance is one of the first things you should buy when you start a company.Property coverage protects your furniture, computers, office equipment and other materials. You may need a policy that insures data, papers, records, money and securities kept at your place of business. Sometimes this coverage is included in a basic Property policy if not, it can usually be purchased as an extra endorsement to your standard policy.

What Is Business Owner Policy? (BOP)

A BOP combines Property coverage and General Liability insurance in a single business insurance policy. You may find that by combining Property and General Liability insurance into a BOP, you can get better business coverage at lower rates than you would get from two separate policies.

What Is Workers Comp Insurance ?What Information You Need For Quote? 

Workers compensation is for your employees . Workers compensation coverage needs to be provided by all California employers to their employees under California Labor Code Section 3700. California workers can claim compensation for these - medical care, temporary disability benefits, permanent disability benefits, vocational rehabilitation services, and death benefits.You can find the workers comp application in our website on application page. We need some information to provide you a quote such as  buisness operation, number of employee , Payroll,receiept. Its important that all workers comp policies are auditable and its based on number of employees and payroll.

How I Can Get a Quick Quote? Do i Need To Come In Person?

For  Personal Car & Commercial Auto YES. But for all others its not nessceey but we highly recommend you to come to our office. We have  the three easy options to obtain a quote.

1. Download Application from our website and Fax back to us.
2. Call us @ 877-868-7721 and we will fax or e-mail you the application.
3. Call us and one of our agent will complete the application over the phone.

Difference Between Admitted & Non Admitted Company?

An Admitted carrier is “backed” by the California Insurance Guarantee Association (CIGA) Fund. The Fund would cover the claim up to your policy limit or $500,000 in liability; whichever amount is lower, in the case that the carrier becomes insolvent.

A ‘Non-Admitted” carrier has been approved by the California Department of Insurance to operate on a “Non-Admitted” basis but is not “backed” by the CIGA Fund. Financial stability of the carrier becomes very important when they are transacting business on a “Non-Admitted” basis. This can be investigated by using companies such as A.M. Best Rating who are in business for the sole purpose of researching insurance carriers and compiling statistical information. There is an advantage using a non-admitted carrier is they are more flexible in premiums, deductibles, and policy forms .Non Admitted Insurer OR Not licensed “DOES NOT” mean the company is not regulated by the state

Can I Pay My Premium In Monthly Instalments? How i Can Pay My Down Payment?

YES . We have Premiums Financing available with 15% to 25% down. Premium is 25% fully earned as of the effective date of the policy. Fees are 100% fully earned as of the effective date. We accept check, cash, visa, master and American express for down payments.

How Do I Know Whats  Include And what Exclude?

Once you will receive the quote , you can see all of  INCLUDES & EXCLUDES 

YES. You can check us on department of insurance web site at  www.insurance.ca.gov

How I Can Check My Confirmation Of Insurance?

When we will  receive your  binder request  we will send you a certifiacte of insurance, you can check with this certifiacte of insurance with the insurance company .You will receive your original policy within 30 days by mail.

Your premiums are based on the estimated numbers provided at the inception of your policy.These numbers are usually based on your past history (example: payroll and sales) In order for the carrier to determine that you were charged the correct premium for the amount of your exposure, a carrier will contact you towards the end of your policy or after it has expired.All polices are not Auditable its depends on the nature of the business.(example security guard business is auditable)  If your business consider auditable you will see in the quote or you can ask to your agent .

All commercial claim you can file to our office . All  personal claim  you can file directly to the insurance company.

What Is Loss Runs Report? How I Can Get It?

Loss reports are great for developing risk management plans, setting maintenance priorities and tracking the results of current risk management efforts.The loss reports contain detailed information about your loss history. It reports the status of your claim, paid amount and total experience. This report shows totals for each policy year as well as totals for all years.

You can call to your agent or insurance company and request for loss runs report they can email or fax it to you in couple of hours.

What Is a Broker Of Record Letter? How  Does It Works?

Once you sign the broker of record letter it allow the broker that you designate to approach all of the companies to obtain quotes that have been released, and to act as your broker negotiating and binding coverage. The Insurance company assumes that broker is acting as your designated representative, or the "broker of record." Its terminate the ability of any other broker, including your current broker.If later, you wants to change brokers, this can be done with a same letter called a broker of record letter. Be sure that you understand what the letter means before you sign it.