At Globe Insurance we understand business insurance needs and offer a wide range of commercial insurance coverage for all types of businesses. We have access to hundreds of trusted companies offering various types of coverage’s necessary for entities doing business nationally and internationally.
Our commercial insurance professionals have the expertise, knowledge and availability to place your business insurance with A rated carriers in both the admitted and non-admitted marketplace.
Specialty Business Packages
“Business Packages” are specifically designed to fit the needs of a particular type of business. They offer the best coverage at the lowest price. Specialty packages are available for many business types including but not limited to:
Start here if you own a Restaurant, Bar, Tavern, Catering, Night Club, Delicatessen, Pizza, Food Kiosk, or Food Truck Business
Start here if you own a Hair Salon, Barber Shop, Beauty Shop, Nail Salon, Tanning Salon, or Spa Business
Start here if you are a Contractor, Handy Man, or General Contractor.
Start here if you own a Dry Cleaning, Laundromat, Florist, Apparel, Bakery, Convenience Store, Specialty, Furniture Store, or other Retail Business
Start here if you own an Auto Repair, Auto Body Shop, Auto Sales (Including Buy Here Pay Here), Auto Detailing, Car Wash, or other Auto Industry Business
Start here if you own a Taxi, Non Medical Transport, Limousine, or Public Auto Business
Start here if you own a Towing, Car Carrier, and or Recovery Business
Start here if you own a Medical Transport or Ambulance Business
Liability insurance protects the assets of a business when it is sued for something it is liable for by causing an injury or property damage. Covered general liability claims can include bodily injury, property damage, personal injury, and advertising injury (damage from slander or false advertising). The insurance company can cover compensatory and general damages as well. Punitive damages aren’t covered because they’re considered to be punishment for intentional acts.
Transferring risk is what it’s all about ! For many businesses, this is one of the largest exposures. General Liability insurance comes in many different “shapes and sizes”, we can tailor a program specific to your needs and risk tolerance. Price, coverage and your company’s specific requirements help us develop an attractive insurance program designed just for your needs!
Umbrella / Excess Liability Insurance
Umbrella, or excess liability insurance, provides additional liability coverage (above general liability limits) for specific risks, once a policy’s coverage limit has been exhausted. It also provides additional liability for certain risks that would not be covered by the primary insurance policy.
Property and Equipment Insurance
Property insurance covers items like your buildings, leasehold improvements, signage, equipment and personal property. It can include coverage for employee theft, forgery and/or dishonesty. There may also be coverage for contract penalties assessed against you if you can not complete the work because the property being installed was damaged by a covered loss.
Equipment breakdown insurance covers repair and replacement costs of the insured equipment – items like computers, air-conditioners, water heaters and electrical systems.
Commercial Auto Insurance
This is important insurance to get right the first time. We help select the options that apply to your business risks. This insurance covers your business autos, or employees while they use their personal autos on company business. There are other coverage enhancements that may be needed as well for permanently installed electronic equipment, rental autos, lease gap coverage and more…
Employment Practices Liability Insurance (EPLI)
This insurance provides protection for an employer against claims made by employees, former employees, or potential employees. It covers discrimination (age, sex, race, disability, etc.), wrongful termination of employment, sexual harassment, and other employment-related allegations. It covers your business, including its Directors and Officers.
There are various forms of environmental insurance from cleaning up a site or future pollution liability of a site (Pollution Legal Liability) to construction projects which cover environmental conditions that occur during and as a result of the construction project work. This second insurance program is controlled by the contractor (Contractor Pollution Legal Liability Coverage) . These policies are generally more aggressive in providing mold coverage than with the Pollution Legal Liability insurance.
Professional Liability Insurance
We can ease your executive protection worries by covering you with a tailored program of professional liability insurance. Coverage in risk areas like – employment practices liability, errors & omissions, Directors & Officers liability, crime / financial fidelity, fiduciary liability and Internet liability.
Directors and Officers Liability Insurance
Directors and Officers Liability Insurance is insurance payable to the directors and officers of a company, or to the corporation itself, to cover damages or defense costs in the event they are sued for wrongful acts while they are (were) with that company. Directors and Officers Liability insurance is commonly purchased with a companion product “Company Reimbursement Insurance”.
Commercial Earthquake Insurance
Commercial earthquake insurance can be very important in California, where earthquakes are a fact of life. Most commercial property policies exclude coverage for earthquake damage (including earthquake sprinkler damage, etc.). If you own office, industrial or apartment property in California, consider purchasing earthquake coverage.
Fidelity and Fiduciary Insurance
A fidelity bond provides coverage for dishonest and/or fraudulent acts of employees that could arise during the course of handling money or securities of others. A fidelity bond may also be referred to as an employee dishonesty bond. One variation of the fidelity bond is the ERISA fidelity bond which provides coverage for dishonest and/or fraudulent acts of trustees.
Fiduciary liability insurance (also referred to as ERISA liability insurance) provides coverage for breaches of fiduciary duty by ERISA plan fiduciaries. Unlike the fidelity bond, fiduciary liability insurance offers plan fiduciaries protection of personal assets.
Business Continuation Insurance
Business continuation insurance covers the life or lives of employees whose demise would have a substantial financial impact on the surviving organization’s ability to function and prosper in its future, typically these might be persons who have essential management, marketing, financial or technical expertise.
For instance – should a partner/corporate officer die or become disabled, business continuation insurance provides cash to the surviving partners/stockholders to continue the business, or purchase the stock, or interest of the deceased or disabled partner.
Group Benefits including Group Health
Second to payroll, employee benefit costs are often the highest expense item in a company’s financial statement. We recognize that all companies’ benefit needs are not the same. We provide each client with a personalized Market Analysis based on their unique circumstances. We become an extension of your Human Resources Department by providing new employee enrollment, eligibility, COBRA administration, and claims resolution.
Since 1927, Globe Insurance has offered the expertise needed to provide the most competitive business insurance coverages available in the market. Our long term relationships with insurance carriers, combined with our resources to constantly obtain new markets for commercial insurance keep us one step above the competition, especially with hard to place policies.
Our commercial insurance professionals will review, evaluate, and accommodate insurance requirements imposed by landlords, lenders and other financial institutions. We also make recommendations to create a comprehensive insurance portfolio offering various options while keeping premium costs at the lowest possible price. We combine our resources along with the knowledge and experience of our carriers to assist in risk management and loss control services to keep your insurance costs stable and affordable.
At Globe, we welcome the opportunity to offer and place coverages for the most difficult risks. We have insurance companies willing to write a wide range of coverages including risks with large property values, wind coverage, hazardous general liability exposures, autocoverages for commercial vehicles ranging from one vehicle to very large fleets.
Our dedication to provide superior service to our clients speaks for itself as many of our customers have been partners with us for many years. Please contact us to quote your business and allow us to be your partner for all of your insurance needs.