If you are a business owner, you should carry commercial vehicle insurance on any vehicle that is designated for business use for both liability and property damages. When you drive a vehicle of your own or a company vehicle, your regular personal auto policy will not cover you.

What Does Commercial Vehicle Insurance pay For?

Your commercial vehicle policy from Coastal Premier Insurance Group has several types of coverage that are available and you can also add other options to it. Most commercial policies for a vehicle in Boca Raton, FL cover property damage liability in the case that you have an accident and cause harm to another person’s property. It also includes bodily injury to others and bodily injury that you cause to others outside of the state of Florida too. It will pay out to you if you, your employees or passengers have injuries including their medical expenses and lost wages. Collision coverage covers your vehicle no matter which driver is at fault. Comprehensive coverage is for any other damages other than a collision, such as hailstorms or a tree falling on your vehicle. Medical payments cover the cost of hospitalization and treatments due to an injury and you are also covered in the case of a mishap when loading or unloading a company vehicle. You can also have a rental car while the company car is being repaired and your towing and labor costs are covered.

Who is Required to Have Commercial Vehicle Insurance?

Depending on your exact type of business and what your company vehicles’ carry, you may be required to have commercial vehicle insurance. Some examples are if you carry equipment, transport hazardous or flammable materials and transporting housekeeping equipment for business use. You should also get this type of insurance in Boca Raton, FL if you use, carry or transport cranes, winches or a plow. You will be covered if you hire your vehicle out in order to tow other vehicles, such as a wrecker. If you deliver pizza or any other wholesale or retail products including newspapers you will need commercial insurance. Trucking and freight companies and limousines and taxi’s need commercial insurance.

 We at Coast Premier Insurance Group know that all of this information can be confusing and we are here to help you. You can call us or come by the office to get the information you need and make an educated decision on commercial insurance.

 

 

 

 

Excess liability coverage or umbrella insurance is virtually among the most overlooked policies in Boca Raton, FL today. This is due to the fact that many people assume that the standard home, auto, boat, and other basic policies are enough coverage for their assets, while in fact, they’re not.

Umbrella insurance ‘kicks in’ when your basic policies are rendered inadequate to cover the financial costs. For instance, if you’re involved in an accident, and someone gets critically injured, you could be sued for the injuries, and the charges may go way beyond your standard auto insurance coverage.

Such critical situations may require you to dig deep into your pockets to pay what is not covered, but with umbrella insurance, you’re well protected. At Coastal Premier Insurance Group, we encourage asset owners especially individuals with valuable properties, businesses, and assets in Florida to purchase umbrella insurance, that will provide sufficient coverage all through.

Commercial insurance coverages

•    Defense fees and any other legal charges

•    Accidental slips and falls that lead to injuries in your property

•    Libel or slander

•    Personal injury protection

•    Vehicle accidents involving your business vehicle, boat, or other insured vehicles.

•    Property damage by elements such as earthquakes or fire

 A noteworthy point to keep in mind here is that excess liability or umbrella insurance is not self-sustaining and can only be used where a standard policy like home insurance has been exhausted.

Umbrella insurance covers a wide range of financial emergencies that may command a high amount of money suddenly–which at that moment may not be available. Let Coastal Premier Insurance Group help you protect yourself and what matters to you most. To know more about umbrella insurance, speak to our insurance experts or visit us at Boca Raton, FL 33487 today.

 

Tax preparation experts are a unique business because they can often work at home and in their spare time. As a result, you might not think you need commercial insurance. However, we at Coastal Premier Insurance Group believe that all tax preparation experts, no matter how small their business, deserve to protect themselves with high-quality commercial coverage.

Commercial Insurance Protects You From Many Problems

As a tax preparer in Boca Raton, FL, you need to make sure you have even basic commercial insurance. That’s because it can protect you from property damage, business interruption, liability, and much more. Though a tax preparation expert like you may not experience a lot of serious issues, your basic commercial insurance policy can protect you in case they do happen. For example, computer, medical, and cyber coverage can protect you in case your records are hacked.

Coverage Also Protects Your Home Office

If you’re a single preparer who works from home, a high-quality commercial insurance policy can protect your office. That’s because your office is considered a commercial property, not a residential one. Therefore, your policy can protect you if your records are damaged, if your preparation software is corrupted, or even if the physical property is damaged and you need to repair it.

Protecting Yourself From Mistakes

Making errors as a tax preparer is a big deal because you may cost your clients hundreds or even thousands of dollars. And without commercial insurance, they can sue you and potentially drive you out of business. Thankfully, commercial liability insurance will help pay for most of the costs of a lawsuit and keep you in business.

Get High-Quality Coverage

Contact us at Coastal Premier Insurance Group if you’re a tax preparer in the Boca Raton, FL area. We will tweak a high-quality policy to ensure that you get the insurance that you deserve.

Umbrella insurance is a form of coverage that a lot of people don’t understand. Many believe this type of insurance is only for the wealthy, but in all actuality, it’s quite affordable for anyone when shopping through the right insurance provider, like the Coastal Premier Insurance Group serving the Boca Raton, FL area. This type of insurance delivers an extra level of protection for the policyholder and his or her family in regards to their property, medical expenses, and legal costs, but it only applies once an auto or home policy has been exhausted. Here is a close look at three reasons you need umbrella coverage.

Protecting Your Assets

If you were to have guests at your home and one of them becomes injured, there is a chance that you could be held liable for their medical expenses, and possibly even other damages. Your homeowner’s policy will, of course, cover up to a certain amount, but if the damages exceed this amount, an umbrella policy could kick in and help provide coverage for the remaining damages, so you don’t have to sell any assets.

Giving You Peace of Mind

There’s nothing better than being able to lay your head down at night knowing you have extra coverage. Regardless of what happens in the future, having an umbrella policy will almost always be of benefit. 

Saving You Money

Not only can having an umbrella insurance policy save you money by providing the additional coverage you need beyond your regular auto and homeowner’s policy, but it can also save you money, many times, when you purchase it through the same provider, you have your other policies through. Many providers will offer a steep discount on your policy premiums if you bundle all of your policies together. 

If you would like to learn more about protecting your future with umbrella insurance, contact the Coastal Premier Insurance Group serving the Boca Raton, FL area.

Having commercial insurance can protect your business from a variety of threats. It is essential to protect a company from losses as a result of accidents and theft.  One of the primary reasons to have commercial insurance is to protect from losses as a result of a fire. But, does commercial insurance provide protection from fire as a result of lighting? Know the limits and exclusions of coverage to help protect you from gaps in coverage.

Lightning Fires

One of the most common causes of fire is lightning from a storm. It can strike at any time and create devastating losses. Fortunately, most commercial insurance does protect the business in the event of a lightning fire. Before selecting the insurance policy that protects your business, know if it protects against all instances of fire damage first. You want to purchase insurance that gives you a complete layer of protection.

Getting The Right Coverage

Getting the right type and amount of insurance coverage is the key to providing complete insurance protection. Always ask what the terms and conditions are before making a purchase. Ask the insurance representative to clarify any confusing language, and any concerns or special needs. A reputable insurance company such as Coastal Premier Insurance Group, serving the residents in and around the Boca Raton, FL area, can help you with these questions.

To get more information about commercial insurance coverage, or to ask any questions, residents in and around the Boca Raton, FL area can stop in or call the Coastal Premier Insurance Group. Knowledgeable representatives are ready to give you answers and explain your options for getting the right coverage. 

 

As renters and homeowners, we carry insurance to protect our personal possessions and assets. Your home is often the biggest asset that you have, and an appropriate policy protects it from damage or destruction. It can also provide a measure of liability coverage. Sometimes, though, there are unfortunate events that will max out that policy. That is where an umbrella policy comes into play. Umbrella policies are an added measure of liability protection. For instance, if someone is injured on your property. Your homeowners’ policy will cover their medical expenses. 

However, should they decide to sue you with regard to the injury, your policy may not be able to cover all of the legal fees. Also, there is the potential that their medical expenses can exceed what is covered in the homeowners’ policy. An umbrella policy kicks in when your other insurance policies have reached their caps. The team at Coastal Premier Insurance Group works with homeowners and businesses in the Boca Raton, FL area to ensure that they have adequate coverage should the unthinkable occur. 

Umbrella policies help protect the assets of the insured. Therefore, the more assets you have, the more steps you should consider taking to protect them. An umbrella policy provides that extra layer of protective coverage should you need it. While most people are not excited about adding additional insurance coverage, it is a valuable tool to consider. Also, umbrella policies are generally low cost, so the additional coverage makes fiscal sense. The agents at Coastal Premier Insurance Group, serving the Boca Raton, FL area, are ready to talk with you about your current coverage and the benefits of an additional umbrella policy. Call us today and get the coverage and protection you need!