Property

Boiler & Machinery insurance covers direct damage to covered property when caused by a covered cause of loss. Covered property is any property that is owned by the named insured or is in the named insured's care, custody, or control and for which the named insured is legally liable. A covered cause of loss is a sudden and accidental breakdown of the insured's boiler and machinery equipment or any part of the equipment described in the policy. Boiler and machinery insurance is necessary because commercial property policies exclude explosion of steam boilers and breakdown of machinery.

Builder's Risk
This program insures commercial buildings under construction against damage from fire, windstorm, theft and other exposures. Coverage also applies to property while in transit and during temporary storage. This may apply to a single location or may be written to cover multiple locations.

Business Interruption Coverage
If your business suffers a property loss it could cause the business to slow or close down while repairs are made. This may mean a complete or partial revenue loss depending on the timeframe and the damage. From the time the loss occurs until your business is running again, insurance can replace your lost profits, and provide a source of money to pay your necessary continuing expenses, like rent, payroll, taxes, etc.

You can also buy insurance to cover any extra expenses incurred in getting your business back into operation. It may take a while once you re-open for customers to discover you are back in business, which may hurt your bottom line. To meet this need, insurance companies offer coverage for the difference between your "before loss" business income and your "after loss" business income for a month or more while you regain your customers.

Commercial Crime
Protects your business property against burglary, robbery and theft.

Money and Security Coverage - pays for money and securities taken by burglary, robbery, theft, disappearance, and destruction.

Employee Dishonesty Coverage - pays for losses caused by most dishonest acts of your employees, such as embezzlement and theft.

Commercial Property
Property Insurance is any type of insurance that indemnifies an insured party who suffers a financial loss because property has been damaged or destroyed. Property is considered to be any item that has a value. Property can be classified as real property or personal property. Real property is land and the attachments to the land, such as buildings. Personal Property is all property coverage. Form is the form used to insure almost all types of commercial property. The insuring agreement in the Building and Personal Property coverage form promises to pay for direct physical loss or damage to covered property at the premises described in the policy when caused by or resulting from a covered cause of loss.

Contractors' Equipment and Installation Floater
Protects the extensive business investment you've made in your equipment. Coverage also is available for supplies and materials designated for installation.

Inland Marine
Inland Marine Insurance provides coverage for goods in domestic transit, goods of bailees/customers, moveable equipment, and unusual property. Property of certain dealers and instrumentalities of communication and transportation are also covered. In short, inland marine insurance provides coverage for loss exposures that cannot be conveniently or reasonably confined to a fixed location. A bailee is any person or business that accepts the property of others for a specific purpose. Instrumentalities of communication and transportation are properties essential to communication or transportation. Properties that may come under this class are radio and television equipment, bridges, roads, tunnels, pipelines and piers.

Business Auto

This type of insurance provides coverage for automobiles, trucks, and vans used for business purposes. Major coverages are the same as with personal auto insurance. Auto insurance policies pay for damages due to an accident, or damages caused by fire, theft, flood, and vandalism. It also provides liability coverage for injuries to people and property damage when you are at fault in an accident.

Is Business Auto Insurance Right for You?
There are many factors to consider. If you own or lease autos for your business you should have a Business Auto Insurance policy because your personal insurance may not cover losses. If you have an outstanding loan on your business auto, most lenders require comprehensive and collision. If you or your business owns the autos outright, then the decision should be based upon your business' financial reserves and the value of the auto. Is the value of the auto close to the premium paid for comprehensive and collision? Do you have liquid funds that could be used to replace the auto if destroyed or stolen? Can you buy another auto of this type?

Employees Using Their Own Autos for Business
Most Business Auto Insurance policies cover the liability for your employees using their own cars for business. However, the employees' personal auto policies would be the primary coverage for damage to their automobile.

Liability Coverage for Accidents Involving Company-Owned Autos
Liability coverage is a part of a Business Auto Insurance policy. This coverage protects you in case someone else claims you (or someone driving your covered auto) are legally liable for either bodily injury or property damage.

Liability Coverage for Autos Rented, Loaned, or Leased
The Business Auto Insurance policy may protect you if your business is involved in a lawsuit because of an accident involving an auto your company has rented, loaned, or leased.

Physical Damage (Collision)
Your Business Auto Insurance policy includes coverage for collisions; you will be protected in case your auto is physically damaged in an accident involving another vehicle or a stationary object, such as a building, telephone pole, or guardrail.

Physical Damage (Comprehensive)
In addition to the standard coverages, the Business Auto Insurance policy will pay for physical damage to your insured auto caused by a variety of risks, including fire, lightning, theft, vandalism, hail, and flood.

Excess/Umbrella

Businesses require Umbrella or Excess insurance for protection in the event of third party claims arising from their operations. Umbrella or Excess is the casualty insurance protection, from claims in excess of the coverage provided under a business' primary casualty policy.

Most businesses combine the protection from the Umbrella or Excess insurance Policy to protect against the larger more catastrophic claims with General Liability Insurance.

Worker's Compensation

This type of coverage is necessary for businesses that have employees. It varies by state and employee job duty classification. The cost will vary based upon the worker classification.

Loss Control Services
-- Safety Program Development
-- Supervisor / Foremen Training
-- Employee Training
-- Other Subjects and Services

Safety Program Development
-- Management and Safety Policies
-- Injury and Illness Prevention Program
-- Safety Incentive Program
-- Light Duty-Return to Work Program
-- Lockout / Tagout - Energized Equipment
-- Hazard Communication Program
-- Cal / OSHA Record keeping Requirements
-- Fleet Safety Program
-- Job Hazard Analysis
-- Respiratory Protection Program
-- Tailgate Topics for Employee Tailgate Meetings
-- Accident Trend Analysis
-- Workers Compensation Claims Records System

Supervisor / Foreman Training
-- Introduction to the Workers Compensation System
-- The Accident Reporting Process (DWC-1, Supervisor Report & 50/20)
-- How to Provide Good Documentation on Accident Reports
-- Conducting Safety Inspections and Documenting
-- How to Conduct Employee Tailgate Meetings
-- How to Develop Tailgate Meeting Topics
-- The Disciplinary Process
-- Pesticide Safety for Field Supervisors/Foremen
-- SB-1218 Workers' Compensation Fraud
-- State Disability Insurance and Workers' Compensation
-- Field Sanitation - Standards and Compliance
-- Accident Investigation - How to Conduct
-- How to Conduct Safety Training

Employee Training
-- Farm Tractor Operator Safety
-- Safe Lifting Techniques
-- Material Safety Data Sheets
-- Pesticide Safety
-- Lift Truck Operator Safety
-- Orchard Ladder Safety
-- Use of Personal Protective Equipment
-- Farm Electrical Safety
-- Lockout-Tagout Procedures
-- How to Use State Disability Insurance
-- Other Topics Developed or Requested by Customer

Other Subjects And Services
--Safety Compliance Audit
-- Employment Notices and Posters Audit
-- Assisting Management in Conducting Safety Inspection Audits
-- Accident Trend Analysis
-- Major Accident Investigation
-- Safety Evaluation of Field Operations

Flood

Floods are random. They happen anytime, anywhere, even in the same place twice. A prior year's occurrence does not reduce your risk of flood. Floods have become the leading cause of property damage from natural disasters, with more homes destroyed by flood than by fire. Estimates for flood damage have risen to over $4 billion each year.

"IT WON'T HAPPEN TO ME."
FACT: You don't have to live by water to beat risk. Over one-third of all flood claims occur in low-risk areas. Yet, over 7 million structures requiring flood insurance are still unprotected.

"MY HOMEOWNERS INSURANCE COVERS FLOOD."
FACT: Homeowners insurance does not cover flood damage. Federal flood insurance does. Flood insurance also covers mudflow, or dirt and debris resulting from moving water. Check your Homeowners Policy now.

"I DON'T NEED FLOOD INSURANCE."
FACT: Homeowners with mortgaged property in a Special Flood Hazard Area(SFHA) are now required by federal law to obtain flood insurance. Lenders must comply by requiring flood insurance on the outstanding mortgage balance for the life of the loan.

"THE GOVERNMENT WILL PAY."
FACT: To receive federal disaster assistance, a flood must first be declared a "federal disaster" by the U.S. President. Typically, only 10% of flood disasters qualify. Uninsured property owners who have received previous federal disaster assistance may not even qualify. Remember, some federal assistance is only a loan - repayable with interest!

"FLOOD INSURANCE IS EXPENSIVE."
FACT: Flood insurance is affordable. Flood damage is not. The average loss of property and contents during recent flood disasters was $20,000. Compare this to the average annual flood premium of $130 for low-risk areas, and $500 for high-risk areas.

"FLOOD INSURANCE COVERS CONTENTS."
FACT: Standard flood coverage does not cover the contents of your home. Separate Contents coverage is available up to $ 100,000. Preferred Risk policies for structures in low-risk areas offer combination coverage for up to $250,000 for a residence and $60,000 for its contents.

"I CAN BUY FLOOD INSURANCE ANYTIME."
FACT: There is a 30-day waiting period for flood insurance unless you are securing a new mortgage. Floods can happen anytime, so act now and call us for information.

Earthquake

Earthquake insurance is a form of property insurance that pays the policyholder in the event of an earthquake that causes damage to the property. Most ordinary homeowners insurance policies do not cover earthquake damage.

Most earthquake insurance policies feature a high deductible, which makes this type of insurance useful if the entire home is destroyed, but not useful if the home is merely damaged. Rates depend on location and the probability of an earthquake. Rates may be cheaper for homes made of wood, which withstand earthquakes better than homes made of brick.

As with flood insurance or insurance on damage from a hurricane or other large-scale disasters, insurance companies must be careful when assigning this type of insurance, because an earthquake strong enough to destroy one home will probably destroy dozens of homes in the same area. If one company has written insurance policies on a large number of homes in a particular city, then a devastating earthquake will quickly drain all the company's resources. Insurance companies devote much study and effort toward risk management to avoid such cases.

Transportation

Cunnington & Associates consistently delivers responsive and creative solutions to its customers' unique transportation-related insurance needs. We offer a full compliment of specialty coverages, including automobile liability, general liability, physical damage, garage liability, motor truck cargo, workers' compensation and more.