What Does Contractors Insurance Provide?

Contractors insurance policies range significantly in terms of what they offer. Most will have a business owner’s policy (BPO) that will provide:

  • General liability insurance
  • Workers’ compensation insurance
  • Commercial vehicle insurance
  • Property coverage
  • Professional liability
  • Other insurance products you need

Why Do I Need Liability Insurance?

Good liability risk management can reduce the chances that your business will be sued, but it can never eliminate the risk entirely. You or a member of your organization can make a mistake that injures someone or damages property. Your mistake could harm the reputation or interfere with the privacy of a customer, client, competitor or member of the general public. When such injuries occur, you may be legally liable to pay damages to someone who suffers a loss due to your actions or inaction.

Everyone in society has a duty to take reasonable care that his or her actions do not injure others. The same rule applies to business entities. Not repairing a pothole in a parking lot, not lighting a dark stairway, failing to train workers how to do their jobs safely and legally or failing to provide directions for the safe use of a product can constitute negligence if a client, customer or member of the general public is injured as a result. The legal meaning of negligence is failure to exercise reasonable care.

What Kind Of Liability Policy Should I Get?

For small businesses the most efficient and least expensive way to purchase liability insurance is usually as part of the Business owners Policy (BOP) which combines property and liability insurance in one contract. Alternatively, a business may purchase a Commercial General

Your liability insurer will pay damages that you are legally obligated to pay as a result of “bodily injury,” “property damage” or “personal and advertising injury,” up to the policy limits and subject to your deductible. Punitive damages are generally not covered, although there may be some exceptions.

 

Bodily injury means injury, sickness, disease or death; it may include injuries that are emotional or mental, such as post-traumatic stress syndrome or humiliation.

Personal and advertising injury includes libel, slander or any defamatory or disparaging material or a publication or utterance in violation of an individual’s right of privacy; infringing the privacy or copyright rights of another in your advertisement; wrongful entry or eviction, or other invasion of the right of private occupancy; and false arrest or wrongful detention.

Check your Credit Cards for Purchase Protection. As an Independent Insurance Agency, we represent many of the top insurance companies in the country. This means better coverage, and at a competitive price, including life and health insurance.

Amberg Insurance has been voted First Place for Best Insurance Agency and Best Agent by the Charlotte Sun Newspaper and First Place for ‘Harbor’s Hottest’ Insurance Agency by Harbor Style Magazine.

 

Three Kinds Of Coverage Every Homeowners Needs

house-1158139_1280Three Kinds Of Coverage Every Homeowners Needs

Your home will be one of the most significant investments you will ever make, both economically and emotionally. Your family will spend countless hours there, among some of your most prized possessions. In the event of any misfortune, let us give you the peace of mind knowing that you are well protected

Replacement Cost Coverage

You can insure your home and belongings for replacement cost, which pays the actual cost of replacing your home or possessions (no deduction for depreciation) up to the limit of your policy.

Suppose, for example, a fire destroys a 10-year-old TV set in your living room. If you have a replacement cost policy for the contents of your home, the insurance company will pay to replace the TV set with a new one. If you have an actual cash value policy, it will pay only a percentage of the cost of a new TV set because the TV has been used for 10 years and is worth a lot less than its original cost. Some replacement cost policies also replace the item and deliver it to you.

Insuring expensive items with floaters/endorsements

There may be limits on how much coverage you get for expensive items such as jewelry, silverware and furs.

If the limits are too low, consider buying a special personal property floater or an endorsement. These allow you to insure these items individually or as a collection.

Additional living expenses after a disaster

This is a very important feature of a standard homeowner’s insurance policy. This pays the additional costs of temporarily living away from your home if you can’t live in it due to a fire, severe storm or other insured disaster. It covers hotel bills, restaurant meals and other living expenses incurred while your home is being rebuilt.

Coverage for additional living expenses differs from company to company. Many policies provide coverage for about 20% of the insurance on your house.

You should talk to your agent or company to make sure you know exactly how much coverage you have and how long the coverage will be in effect. In most cases, you can increase this coverage for an additional premium.

Call us today.  We can provide you will the right combination of coverage, and price, followed up with outstanding service.

Check your Credit Cards for Purchase Protection. As an Independent Insurance Agency, we represent many of the top insurance companies in the country. This means better coverage, and at a competitive price, including life and health insurance.

Amberg Insurance has been voted First Place for Best Insurance Agency and Best Agent by the Charlotte Sun Newspaper and First Place for ‘Harbor’s Hottest’ Insurance Agency by Harbor Style Magazine.

Insurance For Landscape Contractors

lawn-care-643559_1280Trim, shape and manicure your business with our insurance program designed for landscape contractors providing lawn care, sprinkler maintenance and installation, and incidental tree-trimming services. Get a free quote and buy with confidence from our agency.

Coverage Design

  • Commercial Liability
  • Errors and Omissions
  • Blanket Additional Insured Endorsement available
  • Property Damage Extension (Care, Custody and Control)
  • Medical Payments Coverage
  • Pesticide/Herbicide Applicator Coverage
  • In-transit Pollution Coverage
  • Replacement Cost or ACV
  • Building
  • Contents
  • Business Income
  • Equipment Breakdown
  • Computer Equipment
  • Tools & Equipment
  • Outside Signs
  • including Employee Dishonesty

Let us help you understand and protect all of the risks you run and all of the perils your business faces. We will do this with a well thought out and executed business insurance policy designed just for our Landscape Contractor Insurance policy holders

As an Independent Insurance Agency, we represent many of the top insurance companies in the country. This means better coverage, and at a competitive price, including life and health insurance.

Amberg Insurance has been voted First Place for Best Insurance Agency and Best Agent by the Charlotte Sun Newspaper and First Place for ‘Harbor’s Hottest’ Insurance Agency by Harbor Style Magazine.

 

Commercial Insurance Offers Real Solutions

bigstock-Group-of-industrial-workers-I-36357172Florida Commercial Insurance 101

If you own or manage a business, you know how important it is to keep your operation running smoothly. There is nothing worse than an interruption in your business that may cause you to under deliver products or services to your customers. One very important parts of running a company, is ensuring that you have proper business or commercial insurance coverage.

What Is Commercial Insurance?

Commercial insurance is designed to protect your business from unforeseen losses like fire, theft, business income loss, and third party liability claims. There are many different kinds of coverage that can be included in a commercial insurance policy, and depending on your business, you may need other specialized coverage including:

• Property
• Business income
• Boiler and machinery
• Inland marine
• Building ordinance
• Workers’ compensation
• General liability
• Professional liability
• Automobile
• Director and officers
• Employment liability
• Cyber liability

It is important to use an agent with commercial experience to help your business find the right combination of coverage, price, and service.By having an office in North and South Charlotte County, we can provide convenient and timely service to our clients. We would appreciate having the opportunity to serve as your insurance Agent for your personal and/or business needs.

The Latest From The Equal Employment Opportunity Commission (EEOC)

The Latest From The Equal Employment Opportunity Commission (EEOC)

Bullying On The Job MeetingThe EEOC just released the latest numbers relating to employment claims, and they remind us of the need for employment practices liability insurance.

  • Retaliation was the most frequently filed charge with the EEOC in 2018, followed by race and disability.
  • Sexual harassment charges with the EEOC increased by 13.6%, based on preliminary 2018 results.
  • Monetary awards recovered for victims of sexual harassment increased by 47.4%.
  • The #MeToo movement and resulting publicity have caused visits to the EEOC sexual harassment website page to more than double over last year.

We can offer a very comprehensive and affordable Employment Practices Liability Insurance (EPLI) products. Coverage can include protection against allegations of discrimination, harassment, wrongful termination, and retaliation. Coverage can be further enhanced to include Wage and Hour and Third Party Wrongful Acts.  Get a quick quote and share with your client today.

As an Independent Insurance Agency, we represent many of the top insurance companies in the country. This means better coverage, and at a competitive price, including life and health insurance.

Amberg Insurance has been voted First Place for Best Insurance Agency and Best Agent by the Charlotte Sun Newspaper and First Place for ‘Harbor’s Hottest’ Insurance Agency by Harbor Style Magazine.

Hurricane Season Is Just Around The Corner

bfree wind 1234Hurricane Season Is Just Around The Corner

 On average there are about 10 storms that hit the Atlantic Ocean including the gulf each year. Some are classified as hurricanes and some are not. Being prepared, before a storm or hurricane can keep you and your family safe and protected. It will mean the difference between you being a hurricane victim and a hurricane survivor. The National Weather Services and National Oceanic and Atmospheric Administration offer great resources and forecasts for our area.

With Hurricanes Comes Flooding

Because so much of Florida is at or near sea level, flooding is a common problem. Even a minor flood can be a disaster for the people who are forced to cope with it. Quickly-rising water can cause millions of dollars of damage to homes and businesses.  Note the flooding and damage that occurred in the Panhandle in 2018.  Even if you are not in a flood zone you are at risk for rising water

 Remember The Key Terms

 Hurricane Watch: A hurricane watch is issued when hurricane conditions are a real possibility for an area within 48 hours.

Hurricane Warning: A hurricane warning is issued when a hurricane is expected within 36 hours. Begin precautionary action at once. Important – once a Warning has been issued for our community insurance cannot be bound. If you are involved in closing on a new home, we recommend binding coverage early, especially in hurricane season.

Now is the time for you to build an emergency kit and create an evacuation plan.  For more information on this, go to http://www.ready.gov/american-red-cross

Hurricane Planning:

  • Review your insurance to make sure you have adequate coverage and limits.
  • Hold an annual family meeting to discuss issues and plans.
  • Develop an evacuation plan; this should include phone numbers, meeting places and routes of escape from your home, neighborhood and city.
  • Check your home for vulnerable areas, such as leaking roofs.
  • Make sure you have a secure place for recreation vehicles, boats, and motorcycles.
  • Make plans for your pets as well.
  • Notify neighbors and family members of your evacuation plan.
  • Plan for any special medical needs.
  • Make sure the gas tank in your car is full.
  • Anchor or stow small boats and RV’s.
  • Secure any outdoor furniture.
  • Secure buildings by closing and boarding up windows.
  • Trim any old trees.
  • Secure any antennas.
  • Make sure flashlights are working.
  • Evacuate, if advised to do so!

Amberg Insurance Center, Inc. was established in 1974 to serve the growing insurance needs of the many businesses and individuals located in the Charlotte and surrounding counties. We take pride in the quality service provided to our customers, our community concern, and our commitment to the overall development of our employees.

As an Independent Insurance Agency, we represent many of the top insurance companies in the country. This means better coverage, and at a competitive price, including life and health insurance.

Amberg Insurance has been voted First Place for Best Insurance Agency and Best Agent by the Charlotte Sun Newspaper and First Place for ‘Harbor’s Hottest’ Insurance Agency by Harbor Style Magazine.

 

Do You Love Your Valentine’s Gift? You May Want to Insure It.

jewellery-2043_640It is that time of year when many of us give that special person in our lives a gift that they will enjoy year round. Valentine’s gifts typically include watches, jewelry, art, cameras and other valuable items.

Whatever you may do this year, if you purchase an expensive item for that special person, make sure you get it insured. Most homeowners or renters insurance policies restrict coverage for items like jewelry to $1,000 dollars.  In addition, most policies cover named perils for fire and theft, etc.; however, they may exclude coverage for the ring that gets flushed down the toilet; that is unless the expensive item is scheduled. To cover such circumstances that the insurance industry has dubbed “mysterious disappearance”, you will need a valuable articles personal property endorsement on your homeowners or renters policy.

 

Tips to keep valuables safe

  • Have your jewelry appraised by a qualified jewelry appraiser for insurance replacement purposes
  • Take pictures
  • Keep items in safe place
  • Take off while working outside

 

Our homeowners and renters insurance can provide many benefits including:

  • Additional Living Expense -This coverage pays for the extra, above normal costs of expenses such as food and lodging incurred while the policyholder’s home is being repaired.
  • Extended Replacement Cost – Provides additional coverage up to 150% of the dwelling’s policy limits to rebuild your home in the event you suffer a covered loss.
  • Personal Liability Protection- Pays for bodily injury or property damage caused to others as a result of a covered incident.
  • Identity Theft Protection – Pays for expenses you incur as a result of criminal identity theft.

 

Call us today.  We can provide you will the right combination of coverage, and price, followed up with outstanding service.

Check your Credit Cards for Purchase Protection. As an Independent Insurance Agency, we represent many of the top insurance companies in the country. This means better coverage, and at a competitive price, including life and health insurance.

Amberg Insurance has been voted First Place for Best Insurance Agency and Best Agent by the Charlotte Sun Newspaper and First Place for ‘Harbor’s Hottest’ Insurance Agency by Harbor Style Magazine.