Martial Arts Insurance Programs

Martial Arts Insurance Programs

What types of insurance do you want for ones business? The best Martial Arts Insurance package will include a number of coverage's that will cover your business should a loss happen. These insurance coverage's will protect you if you have a lawsuit brought against your business or if someone got hurt. Insurance policies are purchased to guard your small business and if a claim happened the insurance company would defend and pay expenses to return you to the condition were in before the in the event the loss happened. In the long run, it is actually less expensive to obtain insurance and pay it for many years rather than not have any insurance and start a large insurance claim you have to pay out. There are various companies that sell martial arts insurance, but a good deal don't include the numerous necessary insurance coverage's your company necessitates. You should definitely learn about these types of martial arts insurance coverage's to comprehend what you will be paying for.

 Liability Insurance - The General Liability coverage is regarded as to generally be the foundation of one's martial arts insurance package. This type of martial arts coverage is going to insure your company and its staff for claims through which there is a injury or your business damage unowned property. A general liability policy wont insure your students from injury, for this you'll want to purchase  accident insurance. The policy will defiantly not include the workers, to insure them for injuries, you need to buy workers comp insurance. In cases where a parent brought the youngster into your martial arts school and slipped and fell, this is actually the insurance that would insure you. This insurance policy may also insure your small business should it or one of your workers cause damage to the building. Ordinarily, you may include the property insurance coverage into this policy to insure your contents. 

Participant Accident Insurance - This coverage is the thing that would definitely cover your students (along with any competition participant) should they have a physical injury while training. It is really an important insurance coverage since this is the thing that will pay any health-related expenses if any students or participants are hurt. This insurance policy coverage is probably the most significant insurance policy coverage's you should purchase as part of your current martial arts insurance package.

Workers Compensation - your workers are essential, you should definitely cover all of them from injury just as you insure your students. A participant accident insurance coverage will only insure students, your business will will need to buy workers compensation . This insurance covers your workers from injuries and pays his or her medical expenses and any therapy should they be injured. Many states will demand you to carry workers compensation determined by the number of employees in your have. Employees are important, covering all of them from injury ought to be too.

Other kinds of insurance coverage - Some of the other forms of insurance coverage your business should be thinking about are Property Insurance, Employment Practices Liability Insurance, and Commercial Auto Insurance. A Business Property policy will cover owned property. This is certainly contents of your Martial arts school as well as the building if you own it. Some insurance policies will exclude property off premises, and you ought to make sure that is included. An Employment Practices insurance policy is coverage for Sexual Harassment or Discrimination and it is an essential insurance coverage when you've got employees. A Business Auto Policy is another sort of insurance policy you should look at. A personal auto insurance policy may exclude business use, of course , if you have the vehicle in the business name or using it to perform errands, you should consider this kind of insurance policy.

 Numerous sorts of insurance could be a part of a Martial Arts Insurance bundle. They all ought to be considered as they simply are beneficial. Should any sort of accident happen, it truly is less expensive to possess insurance than to pay to take care of any injuries, property damage as well as any lawsuits out of pocket. Offering good insurance policies is exactly what we do best, as we have been in business more than 35 years, we certainly have the experience to give you the very best insurance coverage for your money. Insurance policies can be complicated, but we attempt to make it easier so that you can understand and purchase. Contact us to get a free quote today.

Restaurant Insurance Basics

Restaurant Insurance Basics

 Starting out a restaurant is not easy, nor pressure free. There are many issues that you need to take good care of to make sure your restaurant operates smoothly. Your Restaurant Insurance package is really a complex insurance contract that is certainly complex as your small business presents problems you will want to concern yourself with day-to-day. Insurance, while complicated, is one thing each and every restaurant demands because it will help you in case a client or an employee is injured or when you have any type of property loss. The 1st step in becoming thoroughly insured is usually to have an understanding of the kinds of insurance you can aquifers so, any time a loss would happen, you already know you don't have to stress as you have an insurance company will there be and definitely will help you deal with it.

 Commercial Liability Insurance: Typically this valuable insurance coverage is a part of a business owners package, or BOP. A BOP are also able to incorporate property insurance together with a number of some other insurance coverage's meant to protect restaurants. This particular variety of policy insures your small business for claims in which there is a property damage or a person was damaged (known as bodily injury). These types of claims could be claims where by somebody slips and falls, claims where a person got sick caused by an item they ate, as well as claims in which you damage a location you rent. This restaurant liability policy will take care of injuries to customers, but is not going to insure staff members. They will be insured within workers compensation insurance coverage. Claims of sexual harassment or discrimination would even be excluded from this insurance coverage. To insure your business for these types of claims you will need an Employment Practices Liability insurance policy.

Property Insurance: An extremely essential insurance coverage for any restaurant. This is actually the other type of coverage which is frequently included in the BOP. A restaurant property insurance coverage will incorporate property coverage, but will likely consist of very important insurance coverage's for example business income and extra expense along with spoilage. Property insurance will frequently start by insuring owned property. This tends to include a building if owned as well as the contents within that building. Improvements to the building, furnishings, as well as restaurant equipment (ovens, etc) are what would be insured within the contents part of the property insurance. Your property is going to be insured for several varieties of loss including theft, fire, or vandalism. Flood and earthquake coverage would be excluded from most policies, if necessary, ensure that its on your coverage. Business income and extra expense and spoilage are another pair of coverage add-on's which are not incorporated into a regular property policy, but will likely be contained in a detailed property policy. Business income reimburses your restaurant for earnings lost in the course of downtime due to a included type of loss. The other add-on which happens to be associated with business income coverage is extra expense. This coverage reimburses your restaurant for quite a few expenditures accrued which will avoid the suspension of business. Spoilage insurance coverage is a coverage that can cover your food in case you have an event during which food spoils and it would have to be considered a covered type of loss.

 Liquor Liability: The Liquor Liability will most likely be part of the business owners package.. Specifically what does Restaurant Liquor Liability cover? This insurance plan covers your restaurant for claims that have to due with your restaurant serving alcoholic beverages. Which means that, this insurance policy coverage would shield your restaurant should you have had a hosting server over serve a patron and so they had a car accident.

 Commercial Auto Insurance: Should you buy a restaurant auto insurance policy? A restaurant having commercial auto insurance is significant as this insurance covers vehicles used for business use, but isn't used by the business. This can usually be automobiles owned by your company that are used to run errands. This sort of insurance policy could also cover when an employee uses their motor vehicle for business. The personal auto policy is able to only have a highest limit if liability of $500,000 while a commercial policy can have a limit of $1,000,000 which could be extended with an umbrella insurance. Because of the ability to get higher limits of liability and the fact a commercial auto policy can include coverage for non owned vehicles, you need to acquire this kind of coverage. And so, exactly what is non owned auto coverage? This is a special insurance coverage that is certain to cover your workers motor vehicles for liability whenever they use their motor vehicle to run errands. Should your restaurant has employees that run errands or make deliveries, and they were in an auto accident, this insurance provides liability insurance policy coverage. Hence, if your restaurant was sued this protection would certainly defend it. A restaurant auto insurance policy is an additional necessary piece in its overall insurance package.

 Workers Compensation: Another important coverage for one's company, restaurant workers comp insures your workers if they are in an accident. This insurance policy will cover your employees irrespective of fault. This particular coverage is not only necessary, yet dependent upon the state, could be the law. A lot of states will require your restaurant to carry this according to how many staff you have employed. One other aspect to this kind of insurance coverage would be the Employee Liability part. This covers you in case you are sued by a staff member as a result of workplace conditions. Workers Compensation don't just insure your staff members, but additionally insures the restaurant from litigation from your workers..

 Launching a restaurant may be expensive. Having to pay with your own money for a claim could really put you in the weeds. Your main goal would be to open a restaurant which will be open for some time, insurance plan will assist you to weather the storm in case a claim occurred. An insurance policy would be the back-up you may need, as it will help pay and defend your business if there was a claim. Having the appropriate insurance is going to be invaluable when a claim happens, and understanding that one could have had it would be devastating if you do not own it. As our company is actually a broker, we've got a lot of insurance companies that write insurance policies for your type of business, thus allowing us to find you the greatest insurance coverage. We can make your restaurant insurance bundle to obtain the best prices, with the very best coverage. Obtaining the right insurance coverage is one less worry and will let you continue to do what you do best, providing fantastic food to satisfied customers.

Opening a Small Business

 Your Company and those like it is the anchor of The USA. Almost all people believe big corporations produce the majority of the income American yields, and yet they do not understand as a group Small Businesses employ a lot more staff members and create even more income compared to those big corporations. In starting your small business there are several variables you have to figure within your costs for your strategic business plan. Insurance policies mitigates your risk, it ought to be one of the most key elements in your business plan. When looking into Business Insurance coverage, you will find various types of insurance you'll want to take a look at and we can look at the various insurance policies. These are insurance coverage's that can be  based upon many different kinds of small companies, you should speak with a qualified Insurance broker regarding your individual requirements.

The General Liability Policy - This is certainly the primary insurance coverage you will want to consider since it is on the list of  necessary insurance coverage's it is possible to buy. The following insurance coverage of which defends your company for bodily injury and property damage insurance claims. This insurance policy insures you for incidents of which are the fault of your business or your staff, as well as insures your company for predicaments where a individual or property were broken and / or harmed. Any small business will need to have this kind of insurance coverage as this will take care of several kinds of  claim instances. This Small Business Liability Insurance plan shields your company regarding liable and slander along with the standard slip and fall. Although this insurance coverage may cover many different insurance claim circumstances, no policy insures every one.  The kinds of insurance not included under the standard liability insurance policy are; Liquor Liability, Assault & Battery,  Property Insurance, Workers Comp, Professional Liability or Business Auto Insurance. The insurance coverage limits on this particular insurance coverage rises to one certain cap and for anything above that, your business would want an Umbrella Insurance Policy. The Umbrella Insurance Policy might also go over your Auto Liability as well as your Workers Compensation(or Employers Liability) coverage expanding all those limits of liability coverage. Whenever selecting how much Liability Insurance you should have you may need take into account what amount you have to lose.

Commercial Property Insurance -  This is an insurance policy coverage for building's or owned property that is kept on the premises. Typically, the following insurance insures the items and will pay to replace your items, for specific types of claims. This Small Business Property Insurance policy does not cover property that leaves the location, for that you will have to have an Inland Marine insurance. An Inland Marine insurance policy can insure small equipment to large construction equipment or various other kinds of Property that is going to leave the premises.

Commercial Auto Insurance - This specific insurance coverage is auto insurance for your business vehicles. Normally a business requires higher limits of auto insurance than your individual auto insurance policy. Your business auto policy should have increased limits but the coverage's tend to be comparable. Your usually considering Auto Liability insurance as well as the following; Medical Payments, Uninsured Motorists Coverage, Comprehensive, Collision, Towing & Rental Insurance coverage. If you ever rent a vehicle or your have a staff member drive their own personal car on an errand, you'll want Hired & Non Owned Auto Liability. Once your LLC or Corporation is the owner of the vehicle, then you should have your vehicles are covered on the Commercial Auto Policy.

Workers Compensation
 This specific insurance coverage, also called Employers Liability, will be the insurance that insures your workers which will pay for claims where the member of staff was injured at work. Once again, an additional crucial insurance coverage given that Medical Care is incredibly pricey. If you don't have insurance you're self insuring and would be responsible regarding any healthcare expenses or even lawsuit. This specific insurance coverage doesn't cover discrimination or sexual harassment claims for that you'd need an Employment Practices Liability Insurance.

 Insurance policies are an important part of any Company. It insures your business for various kinds of claims. It is necessary for you  to understand just what you are buying, how these insurance coverages work, and precisely what isn't protected within an insurance policy. Make certain to always read your policy. Insurance policies can be difficult and that is why you should to purchase from an insurance agent which is versed in Small Business Insurance. Having been providing business owners like you insurance for more than 35 years, we have the knowledge to help you with all of your Business Insurance requirements. Contact us for an insurance quote. Our company is licensed to write insurance in multiple states and we can assist you to find the insurance coverage you'll need.

Child Care Insurance - Liability Coverage's Defined

 What kind of Child Care Insurance plan can you use to defend oneself and your income in case of a loss? There can be many types of daycare insurance coverage to cover you and your company if losses materialize. What should you cover in your day care insurance plan to protect your business? There's lots of insurance coverage's you would probably ought to have to fully protect your small business. The more coverage you require, the bigger the price could be, however these coverage's will protect your pocketbook for the future. You as the small business owner just need to be aware of the numerous coverage's offered to fully understand what you are buying and the reason why you could need them.

1. Child Care Liability Insurance

 Commercial General Liability guard's you from the cost of Investigations & Lawsuits from Bodily Injury and Property Damage from incidents and accidents on your property from your operations or marketing. This won't cover the employee, discrimination, automobile insurance, abuse, or many other coverage's. Day Care Liability insurance plans differ compared to typical insurance policies because of the medical payments exposure. The regular insurance plans Medical Payments endorsement doesn't cover enrolled students. Only a couple of carriers do contain this in the Medical Payments, and that is something you need to make sure you ask your agent if your insurance policies cover.

 Quite a few carriers write insurance policies for child care businesses, but a small number of offer the correct wording in the policies to shield you in the most effective way possible. Currently our best carrier includes an broadened description of Bodily injury. They have the wording to contain disease or sickness the result of emotional distress or mental anguish as more coverage for no added price to you.

 Having the right child care liability insurance policy is about being aware what you would need and if your covered for it. It is entirely possible that you will not ever have a claim but, claims do happen and you would wind up having to spend more for this one loss in a quick burst than you would pay to have a complete package of coverage for a period of years.

2. Childcare Professional Liability

 Professional Liability is also referred to as Errors and Omissions insurance, or E&O Insurance. Your likely asking your self why you might ever need childcare Professional Liability Insurance Coverage. This special coverage protects you for both advice and the professional actions the center or employees may provide. Just what does this mean? An example of this of this could well be your education procedure, lets say one kid wasnt doing well. The parent was not happy as they felt they were promised their child would be at a specific degree at that time. The Daycare Professional Liability is the coverage that is designed to shield you in this kind of incident. This happens to be yet another extremely important coverage a person could acquire for your insurance policy.

3. Abuse and Molestation Coverage

 Abuse & Molestation coverage is another beneficial coverage for your Child Care Insurance Package This covers you for bodily injury as a consequence of to allegations of Abuse or Molestation. This exposure is important and vital because it shields you from Investigations and Litigation. An example of this would be a staff member giving corporal abuse to a child. The child's parents called the police and then hired a legal counsel, there would be coverage to protect this kind of legal action. Daycare Abuse and Molestation coverage is critical for you to integrate in your Child Care Insurance policy.

4. Certain Civil and Criminal Defense Cost Reimbursement

 A good coverage to acquire is coverage for certain civil and criminal defense costs. The Defense costs reimbursement insurance policy coverage compensates you financially.. Say you had a student that alleged an worker touched him wrongly. The childs parent contacted the police and the member of staff was arrested. The employee affirms they were innocent and while she was defended there were defense costs accrued of $30,000. For this matter the claim and the legal action would be droped since it came to lite the child invented the whole eventAs an example, the lawsuit would be dropped for inadequate evidence. The defense costs would then be paid for.

 These coverage's can all be included in a Child Care Insurance Package. What is proper for you? In the end that will always be your assessment. Bear in mind, the more you have the more you have at risk. Associated Insurance Professionals are agents in mutiple states including Arizona, California, Colorado, Nevada & New Mexico and we write Childcare Insurance Albuquerque and many other cities within these states.

CA License #0F64143.

Child Care Insurance - An Overview

 Child Care Insurance

  When you start a daycare, insurance is one of the main things you need to purchase to protect your investment. There are a few different insurance coverages your daycare will need in order protect yourself, your employees, and the children you take care of. So, what are your daycare insurance needs? What coverages should you purchase to protect your assets?

• Commercial General Liability
  The first coverage your daycare needs is Commercial General Liability - this coverage is there to cover bodily injury and property damage for your actions.  
  
• Professional Liability
  Typically this can be added on your Daycare Liability policy. This covers you for decisions you make that can lead to bodily injury or property damage.  
• Abuse & Molestation
  Typically this can be added on your Daycare Liability policy as well. This covers your for allegations and actions which can be considered abuse or molestation.
  
• Property Insurance
   Property Insurance covers your Daycare's property, including the building or contents, for theft and fire and other causes of loss.
  
• Workers Compensation
  This is insurance coverage to cover your employees for bodily injury. This is required in most states when you have employees.  
• Business Auto
  If you have a business vehicle and use it to run errands or transport children you need to be on a commercial auto policy.

Contact John Dziak at 800-765-8272 for a comprehensive quote for your daycare insurance needs. Or click here to submit your information for a quote and I will get back to you ASAP.

Marine Insurance - Boat Repair Insurance

   As I am located in New Mexico, people ask me what I know about Marine Insurance / Boat Repair Insurance or Shipwright Insurance. As a licensed agent in many states there are many Shipwrights in each state who work on and maintain various kinds of boats. This is a specialized field as while it is repair work on a vehicle, its different from your standard garage.

 The main coverages for a Marine Insurance policy are "Marine General Liability" and "Ship Repairer's Legal Liability", these work the same as a normal General Liability policy but are tailor made for the Boat Repair Insurance policy. These policies also can include "non-owned watercraft liability" which can cover the test driving of these boats.

 Ship Repairer’s Legal Liability is coverage for damage to vessels and the property of others, as a result of making repairs or alterations to vessels that are in the your care.

 Marine General Liability is coverage for contractual liability, as well as products and completed operations liability.

A good Marine Insurance policy will offer a worldwide coverage territory for liability coverages.

Automatic additional coverages on a typical Marine Insurance policy can include; Land transportation and Other non-marine work.


 As a specialist in writing the Shipwright Package Policies we can offer great pricing and excellent coverage. Click here to go to our website for a quote or call John Dziak at 800-765-8272 for a phone quote.

Liability - How much do I need?

 A client recently asked me a question many clients do. How much liability insurance do I need? The answer to that question isn't as easy as it sounds. I look at this as how big is your exposure and how big of a risk do you have of a claim. Lets look at a few different kinds of policies.

Personal Auto Policy 
The state minimum premiums vary by state. The coverage is very basic. In New Mexico a minimum limits policy covers $25,000 in Bodily Injury per Person, $50,000 in Bodily Injury per Accident and $10,000 in property damage. In the world of modern medicine the Bodily Injury limits really doesn't cover much.

 So, lets say you have a teenager on your policy and they hit a minivan. Thankfully no kids were in the car but there were four adults with back problems. The $25,000/$50,000 would be stretched to cover them and if that van was totaled the $10,000 couldn't cover a new minivan at today's pricing.

 So, on your Personal Auto Policy, I would definitely recommend higher limits than the minimum. What is good for you? This can vary by the risk of loss and your personal situation should be regarded in this. If you have a thriving business and you do well we have people with very high limits and umbrellas for $1,000,000 of coverage. The umbrellas go over home and auto policies. Typically most people that feel they want to protect themselves have a $100,000, $250,000, or $500,000 of auto liability. Most auto liability carriers have a maximum limit, and this varies by carrier. Remember, you do pay more for more coverage, but you need to consider all options as well as your exposure should something happen.

Commercial Auto Policy
The factors in a Commercial Auto Policy are just as prevalent as a Personal Auto Policy, while a personal auto policy can typically exclude commercial use the coverages are the same. Typically the auto carriers will offer up to a maximum of $1,000,000 of auto liability and you can still buy umbrella's. The Commercial Umbrellas can be purchased to very high limits.

Commercial Liability Policy
 A Commercial Liability Policy should be given the same consideration as a auto policy when your looking at exposure versus risk. All businesses should start out with $1,000,000 of liability per accident and an aggregate (limit per year of coverage) of $2,000,000. From here you should look at your exposure. Do you have multiple locations? Do you have the clientele to warrant higher coverage? Here you can buy and umbrella or excess policy and have it go over your Commercial Liability, Commercial Auto and even your Workers Compensation accounts. 

Contact me at 800-765-8272 and ask for John Dziak today for a complete insurance evaluation or submit your information online at our website for a quote.