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Business Auto Insurance Shellfish Farms

 Business Auto Insurance  Comments Off on Business Auto Insurance Shellfish Farms
Nov 042015
 

Business Auto Insurance Shellfish Farms – Quotes are Available in all 50 States!

Business Auto Insurance Shellfish FarmsWhen you’re looking for Business Auto Insurance for your Shellfish Farm contact Duncan and Associates Insurance Brokers at 800-228-8291

Or click on Business Auto Insurance Shellfish Farm to submit your request for information or quotes 24 hours per day.

It’s important to work with an agency that understands your needs as a small business owner.

The good news is that we specialize in providing competitive insurance solutions for Shellfish Farming operations throughout the United States.

One mistake commonly made is making a purchasing decision exclusively on the price that you pay for the insurance.

Why?

Shellfish Farm Business Auto Policies May Not Be Identical.

A business auto policy may contain major differences in coverage based on something called the AUTO DESIGNATION SYMBOLS.

It’s easy to assume that the business auto policy works in a similar fashion as the personal car insurance policy as it includes some similar features.

For instance you can have split limits of liability such as 100/300/100 limits, uninsured motorist coverage, medical payments coverage, comprehensive, collision, car rental, and towing and labor on both the personal automobile and business auto insurance policy.

However there are some significant variances when you take time to analyze the Commercial Auto Policy.

For example, AUTO DESIGNATION SYMBOLS is not something you will find on the personal automobile policy.

Picking the wrong symbol for your business could lead to coverage gaps and claim denials!

What Are Auto Designation Symbols?

The AUTO DESIGNATION SYMBOLS are the contractual description of what vehicles are covered, and how they are covered by the insurance company.

For instance a symbol 1 will cover any vehicle.

It provides the broadest coverage with no limitations or restrictions other than the exclusions and conditions contained within the policy.

In contrast a symbol 7 covers only the vehicles described in the declaration page for which a premium is shown.

Symbol 3 provides coverage for only private passenger autos only, so for instance a sedan, pickup truck, or minivan. There could be some limitations on pickups depending on the gross weight limit.

If you do not choose the correct auto designation symbol for your vehicles, you might find yourself paying a claim completely out-of-pocket!

How Do You Know What Shellfish Farm Business Auto Policy Is Best for Your Needs?

When you work with one of our specialists we can help you choose the most suitable coverage to protect you financially.

Contact Duncan and Associates Insurance Brokers today at 800-228-8291, or you may request information online about all types of insurance for Shellfish Farming Operations when you click on Business Auto Insurance Quotes for Shellfish Farms.

Commercial Boat Insurance Washington State

 Commercial Boat Insurance  Comments Off on Commercial Boat Insurance Washington State
Oct 132015
 

Commercial Boat Insurance Washington State – Call Us Today!

Commercial Boat Insurance Washington StateIf you’re searching for commercial boat insurance in Washington State contact Duncan and Associates Insurance Brokers at 800-228-8291.

We offer liability insurance, coverage for your aquaculture equipment and accessories, Jones Act Insurance, in addition to commercial marine hull insurance in Washington State.

Coverage is available in all 50 states call us for information and quotes.

Why Choose Us for Commercial Boat Insurance? 

As an independent broker we specialize in aquaculture insurance including providing coverage for the vessels used in a variety of different applications including commercial boat insurance for shellfish farming.

Our aquaculture insurance specialists can not only help you choose the appropriate coverage for your individual operation but we will also help you to learn how to adequately protect your largest financial investment, your business!

Carefully Review Your Coverage So You Know What Is Covered.

The biggest mistake any policyholder makes is not reviewing your policy to determine what is covered, but most importantly what is not covered.

For example would the typical Washington state commercial Hull insurance policy cover the following claim incident?

Stanley Kent owns a small shellfish farm and employs Tyler Jones a married man with two children & Brandon Bennet who just turned 19. Stanley owns a 30 foot 1978 Monark that is insured for liability and Hull coverage.

Stanley owns and operates 10 mussel rafts. On Thursday Stanley catches the flu and is too sick to go to work on Friday and he calls Tyler to let him know that he and Brandon will be working without him for a few days.

He casually warns Tyler to be cautious and watch over Brandon as he tends to sometimes engage in foolish activities because of his young age.

Tyler and Brandon head out to the mussel rafts to begin their day. There’s quite a bit of work and Tyler and Brandon are working hard trying to make up for Stanley’s absence.

Tyler knew it would be a tough day so he brought along a case of beer that he and Brandon could enjoy after work. Brandon without telling Tyler also invited a few of his buddies out on the water and they too brought their own alcoholic beverages.

Tyler didn’t see the harm in letting the young guys blow off a little steam.

Brandon’s buddy Jesse who probably consumed at least 10 beers in less than an hour decided to take a swan dive off of the back of the boat into the bay.

Because of his intoxicated state Jesse misjudges the distance between the boat and one of the mussel rafts and he hit his head on the leading edge of the mussel raft and knocks himself out.

At first Brandon thought that Jesse was messing around but after a minute or so he jumped in the water and he and Tyler pulled Jesse out.  They used their radio to call the coast guard and a helicopter was dispatched to take Jesse to the hospital.

Jesse suffered a severe concussion and his medical bills amounted to $32,117.  Jesse’s mother filed a lawsuit against Stanley Kent for the medical bills and negligence.

Will Stanley’s commercial boat insurance policy cover the lawsuit filed against him?

We’ll discover the answer in a future article.

Need Commercial Boat Insurance in Washington State? 

Contact the specialist at Duncan and Associates insurance brokers by calling 800-228-8291.

We can provide insurance solutions for any type of vessel when you are looking for commercial marine hull insurance in Washington State.

Product Recall Insurance Shellfish Farm Insurance

 Liability Insurance Shellfish Farms  Comments Off on Product Recall Insurance Shellfish Farm Insurance
Oct 092015
 

Product Recall Insurance for Shellfish Farms Now Available.

Product Recall Insurance Shellfish Farm InsurancePurchasing product recall insurance for your shellfish farming operation is a smart decision and we can help!

Call Duncan and Associates Insurance Brokers at 800-228-8291 or click on Product Recall Insurance to submit your request for information and product recall insurance quotes.

Our company specializes in providing insurance for shellfish farming operations throughout the United States, including product recall insurance.

The Typical General Liability Insurance Policy Excludes Product Recall, Learn Why.

Coverage for product recall is not covered by the common general liability insurance policy.

Please note how this exclusion reads in one general liability insurance policy:

Recall Of Products, Work or Impaired Property

Damages claimed for any loss, cost or expense incurred by you or others for the loss of use, withdrawal, recall, inspection, repair, replacement, adjustment, removal or disposal of:

(1) “Your product”;

(2) “Your work”; or

(3) “Impaired property”;

If such product, work, or property is withdrawn or recalled from the market or from use by any person or organization because of a known or suspected defect, deficiency, inadequacy or dangerous condition in it.

So as you can see product recall is excluded under the typical shellfish business insurance policy, however specific product recall insurance is available.

Why Purchase Product Recall Insurance for Your Farming Operation? 

Unfortunately product recall is becoming more frequent. 

One insurance company listed five reasons why companies should strongly consider purchasing product recall insurance:

#1 – It happens more frequently than you think.

#2 – Government oversight is stronger today.

#3 – The costs are prohibitive to businesses.

#4 – The mistaken belief it won’t happen to your company.

#5 – Product recall insurance is the first line of defense.

Probably the biggest mistake shellfish farming companies make is dismissing the idea that a product recall will not happen to their business.

What type of cost would you incur for a product recall?  Could your business absorb a complete harvest recall and survive financially?

Questions that are important for you to think about.

We Offer Product Recall Insurance for Shellfish Farms!

In addition to standard general liability insurance for shellfish farming operations we can provide shellfish product recall insurance.

Call us to discuss your needs for Shellfish Farming Insurance by calling 800-228-8291 or you can send us your request online by clicking Liability Insurance for Shellfish Farms.

Liability Insurance Shellfish Farms

 Liability Insurance Shellfish Farms  Comments Off on Liability Insurance Shellfish Farms
Sep 072015
 

Liability Insurance for Shellfish Farms – One Call or Click Away!

Liability Insurance Shellfish FarmsIf you own or manage a shellfish farming operation Duncan and Associates Insurance Brokers can help you find the better options on Liability Insurance for Shellfish Farms.  

Call us at 800-228-8291 during normal business hours Monday through Friday 9 AM to 5 PM.

Or you may submit your request for quotes and information by clicking on Shellfish Liability Insurance. 

Liability Insurance can be combined with your business property and other commercial insurance endorsements needed to protect your business from claims and lawsuits.

Why Do You Need Shellfish Liability Insurance?

Shellfish liability insurance is similar to other types of commercial liability insurance providing coverage for bodily injury and property damage for claim events not excluded in the general liability insurance policy.

Example: As a member of the National Association for Aquatic Farmers you host events on your farm to encourage additional membership and occasionally you invite politicians who are friendly to the Shellfish Farming Industry.

Marcia Gibbons an intern working for a state senator is injured at your event when she catches her foot on the edge of your hopper conveyor that she was passing by.

Marcia loses her balance and hits the concrete floor resulting in a trip to the local emergency room and a three day hospital stay for her concussion.

Will your business liability policy cover Marcia’s injury? 

Please Note How One Policy Describes Coverage: 

We will pay those sums that the insured becomes legally obligated to pay as damages because of “bodily injury” or “property damage” to which this insurance applies. 

Slip and fall accidents are more common than you might imagine and account for a number of injuries to customers, visitors, and employees each year.

Because Marcia was attending an event at your shellfish farm it is possible coverage would apply. 

Naturally it’s important to initiate as many safety protocols as possible at your place of business, however accidents can and will happen leaving you as the business owner potentially responsible. 

Need Liability Insurance for Your Shellfish Farm? Contact Us Today! 

We specialize in providing insurance for shellfish farming operations. 

Call us today at 800-228-8291 during normal business hours or use our online system to send us your request for information quotes by clicking on quotes on shellfish farm insurance.

Property Coverage for Shellfish Farms

 Business Property Coverage  Comments Off on Property Coverage for Shellfish Farms
Aug 312015
 

Shellfish Farm Insurance Property Coverage

Property Coverage for Shellfish FarmsDuncan and Associates Insurance Brokers offers insurance for Shellfish Farms throughout the United States including specialized protection for buildings and equipment.

Call us at 800-228-8291 to speak with our licensed agents or request an online quote by clicking Property Coverage for Shellfish Farms.

How to Insure Your Buildings & Equipment Properly.

The key to success to insuring your property and buildings correctly is paying special attention to the coverage form, the amount of coverage that you purchase, and if you choose to cover your equipment or buildings as a blanket amount of insurance protection or you can choose to schedule your buildings and equipment individually per location.

There are advantages and disadvantages to taking either step. One of our licensed Shellfish Farm insurance agents will discuss with you the various options available to you based on your needs.

Call us at 800-228-8291 or click on Shellfish Property Insurance Coverage.

Typical Property Coverage Forms Available. 

There are three different types of coverage forms you can choose starting with the basic, broad, and special coverage form.

The basic coverage form extends insurance protection for claims events that are named in the policy. Sometimes these are referred to as covered causes of loss or named perils.

Unfortunately it may not be widely understood by shellfish farming operations what the exact difference is between the coverage forms and inadvertently choosing the wrong coverage form may cost your business a significant amount of money out of pocket.

For Example: One aquatic farmer, Marty Law, decides he needs to trim his insurance expenses and calls his agent to ask him to reduce his coverage from the special policy form to the basic form.

Marty’s agent tries to talk him out of reducing his coverage due to the limited number of perils covered by this policy form.  Last year’s poor harvest and the lack of surplus funds make up Marty’s mind and he switches from the Special Policy Form to the Basic Form.

On a Saturday evening a problem at a relay station occurs causing a spike or power surge and $25,000 worth of Marty’s equipment is damaged because of the power surge.

The $300 Marty saved at the time seemed like a good idea but now Marty must take a loan out so he may repair his equipment that was not covered by the Basic Policy Form.

Property Coverage for Shellfish Farms Is More Complicated Than the Price You Pay! 

One of our licensed agents specializing in Shellfish Farm Insurance can help you develop a coverage plan that will meet your individual needs.

Call us at 800-228-8291 or send us your request for quotes when you click on Shellfish Property Insurance Coverage. 

Maritime Employers Liability Insurance.

 Jones Act Insurance  Comments Off on Maritime Employers Liability Insurance.
Aug 282015
 

Maritime Employers Liability Insurance Available Throughout the United States.

Maritime Employers Liability InsuranceWhen you need Maritime Employers Liability Insurance Duncan and Associates Insurance Brokers can help you find the coverage you need throughout the United States.

Call 800-228-8291 and speak to one of our specialist or click Maritime Employers Liability Insurance Quotes to submit your information to us online.

What Is Maritime Employers Liability Insurance and Why Do You Need It?

Workers compensation insurance is the law in all 50 states. Workers compensation insurance protects employees from work related accidents, injuries, and illness. However state workers compensation insurance will not provide benefit to those classified as seamen.

Your Shellfish Farm may fall under the authority of the Merchant Marine Act of 1920 and because of this, it is necessary to consider purchasing Jones Act Insurance Protection. 

The Jones Act Explained.

The Merchant Marine Act of 1920 (P.L. 66-261) also referred to as the Jones Act was established to allow injured sailors to make claims and collect funds for transportation, unearned wages, maintenance and cure and burial expenses due to bodily injury by accident, by disease, including wrongful death at any time resulting therefrom, sustained by any of your employees arising out of and in the course of their employment.

You can click on the Jones Act for more details about the intent and purpose of the law.

How Work Related Injuries Can Harm Your Business.

As a business it is your duty and obligation, according to the law, to provide a safe working environment for employees.

It is likely that you take every safety precaution possible, however work-related accidents or illnesses may arise leaving you as the employer legally responsible to provide compensation to your injured or sick employee.

Maritime employers liability insurance provides coverage for work related injuries or illness that your business could be found to be legally liable.

Without such coverage your business can be subject to significant out of pocket expenses and attorney fees defending against costly lawsuits.

Such coverage should be purchased to protect your business.

To speak with one of our licensed agents to make inquiries about quotes and coverage terms please call 800-228-8291 or click on Jones Act Insurance.

We offer Jones Act Insurance throughout the United States.

As a licensed broker we can help you find the coverage necessary to protect your business.

Coverage is available in the following states:

  • Maritime Employers Liability Insurance Washington
  • Maritime Employers Liability Insurance Oregon
  • Maritime Employers Liability Insurance California
  • Maritime Employers Liability Insurance Texas
  • Maritime Employers Liability Insurance Hawaii