The Facts About Other Insurance

Most people are already quite well aware of their choices in home insurance, auto insurance, and life insurance. However, it is not a very well known fact that you can obtain other insurance to further your protection. Just because your items are a bit out of the ordinary doesn't mean you cannot get a high quality insurance policy for your business, or you personally through long term care or an umbrella policy. Here are some of the basics about other insurance coverage types.

Commercial Insurance

Commercial insurance is one of the most important investments a company can make when first starting out. Commercial insurance can protect your company from financial loss and will be the difference between going under or staying afloat if damages or a lawsuit should arise. It's important to understand the different types of commercial insurance and work with a trustworthy agent to create a fitting policy for your business.

  • Liability insurance protects you from damages against your company from any third party. It covers the cost of personal injury or property damage lawsuits and injuries customers incur at your place of business.
  • Property insurance covers damages to property at your place of business, such as fire or flood damage.
  • Workers’ compensation insurance protects you in case employees are injured on the job. It also prevents employees from filing negligence lawsuits against you for any injuries they sustain during work.

There are additional, specialized forms of coverage under each of these broad categories that can protect you from business-specific liability. Contact us today to find out how to protect your business through commercial insurance.

Umbrella Policies

You may also want to compare prices on umbrella policies when you get other types of insurance. Umbrella insurance gives you extra liability coverage that exceeds your homeowners, car, or boat policy. Once the liability limits on those policies have been hit, your umbrella policy will be activated. These policies will cover liability related coverage for situations like: Rental units, accusation of libel or slander, and false arrest. The umbrella policy will fill gaps in your existing policies.

The best way to get full coverage at reasonable prices is to speak with your independent agent about comparing policies. You can easily obtain quotes from multiple top level carriers conveniently over the Internet this way!

Contact Information

Kramer Insurance Services, Inc
120 N Topanga Cyn Blvd., Ste 111
Topanga, CA 90290
Phone: 310-455-0355
Fax: 310-455-2122