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!

When you start your business, here are a lot of different things to consider. Once you decide on a business structure and formation, you should purchase commercial business insurance. In Boca Raton, FL, Coastal Premier Insurance Group can help you find the right insurance to protect your business.

BizFilings suggests that there are two main types of commercial/business insurance: Liability and Property.

Liability Insurance

Liability insurance can help with protecting you and your business in the event there are damages you are held liable for, including personal injuries to you or someone else and in or around your property, as well as advertising claims. Each type carries different coverage amounts, and you should evaluate each section based on your company and how it runs. A qualified insurance agent can help you figure out exactly how much coverage you need, and what kind of assets need to be included in your liability insurance policy to ensure your personal assets are safe. There are general liability insurance policies, and professional liability insurance policies – ensure you are aware of which you need and how it will cover your assets.

Property and/or Product Liability Insurance

General liability insurance protects your personal and corporate assets, but what about damage to your property? The Balance details how small businesses (and large ones, too) who are manufacturing or selling products need to be protected with product liability insurance should a person sustain an injury in relation to using your product. Ensure your business’ property is covered in the event of damage, and that you and your business’ assets are protected in the event injuries occur and you are held liable.     

Recommendation: Ensure you have adequate comprehensive liability and property insurance policies for your business. If possible, a specialized form of coverage, such as fidelity and/or umbrella coverage, could also benefit you and your business and help safeguard your assets.

In Boca Raton, FL, Coastal Premier Insurance Group is your resource to protect your personal assets and your business assets from lawsuits. Contact us today to review your options. Remember, if you’re not insured, you’re leaving your personal assets, like your car, home, and personal bank accounts, liable for garnishment or seizure.

Umbrella insurance is a wonderful type of insurance that can cover a wide variety of things. However, it is not the right option for many people. If you are wondering if it is the right option for you, then you need to consider the reasons why you would need this type of insurance. These tips from Coastal Premier Insurance Group, serving the Naples and Boca Raton, FL area, will help you determine if it is the best option for you. 

• You have a large house or one of high value – If you own a house that exceeds the limits of a traditional home insurance policy, then you may want to consider getting umbrella insurance to cover the difference in value for your home, or homes. 
• You own expensive cars – This is another area where you can only get so much coverage for your vehicles through auto insurance. If you need more than what you can get from your auto insurance, then an umbrella policy is the answer. 
• You host a lot of parties – If you like to have a lot of people come to your home for parties on a regular basis, you need extra liability coverage. You do not want to have to pay for medical bills for someone that gets hurt on your property, but without an umbrella policy, you may have to if you do not have liability coverage elsewhere. 

If you think that umbrella insurance is a great option based on your needs, then you need to contact Coastal Premier Insurance Group, serving Naples and Boca Raton, FL area, today. We can help you find the right amount of insurance through an umbrella policy and make sure you are covered for what you’re worth. Reach out to our agents to learn more.

A home business is a wonderful thing, and for the most part, it is going to be a great deal of work with benefit and reward. The real issue comes when you try to work out how to protect your home business. For those that live in the Boca Raton, FL area, the agents with Coastal Premier Insurance Group can help you to find the right policy for your growing home business.

How does commercial insurance work for a home business?

To put things quite plainly, most home businesses are not large enough and do not deal with people face to face on a large enough scale to worry about having a separate commercial policy. The real determinant is the size of your business, the volume of customers that you deal with, and the overall value of your business. If you have a small business where you sell things on the internet from your home, your homeowner’s policy is going to cover the cost of your inventory and your computers that you use for work.

If you have people come into your home, you may want to consider a separate policy to protect against things like injury and other issues that you may come up against. If you have a home business that is larger than say a few thousand dollars in worth, you may also want to consider a policy. The real benefit of a commercial policy is that it is going to help protect your assets like your home if a lawsuit or other legal action is filed against you. It also helps to protect employees if you have any and helps to protect inventory if you have large amounts.

For those in the Boca Raton, FL area, the agents with Coastal Premier Insurance Group can help you get the perfect insurance coverage for your home business.

For additional coverage above your car or home insurance limits, consider buying an umbrella policy to cover high legal fees, as well as personal injury and property damage claims. Your Coastal Premier Insurance Group agent in Boca Raton, FL can help you determine if an umbrella policy will work for you.

When Would You Need Umbrella Insurance?

If you worked your whole life to build up a sizeable nest egg, you have assets worthy of additional protection. Don’t risk losing the home you worked hard to pay off. Instead, consider an umbrella insurance policy. Remember, all it takes to wipe you out is one guest falling down your stairs or a car accident you cause that results in extensive injuries or damage.

What Umbrella Insurance Covers

Your Coastal Premier Insurance Group agent can walk you through each of the available umbrella policies to see which ones are right for you.

Bodily Injury- If you cause an accident that hurts someone and the medical bills go beyond what your auto insurance will pay, an umbrella policy may cover the rest. It picks up where your home, auto, and other insurance stops, providing you with a broad safety net of additional coverage.

Property Damage- If your teenager crashes through someone’s fence and skids into the neighbor’s house, an umbrella insurance policy pays what your auto insurance doesn’t. The policy also covers damage that isn’t included in auto and homeowners policies. If your beloved Chihuahua shreds priceless furniture at the neighbor’s dinner party or your child damages a rare collectible, an umbrella policy may pay the damage. It is important to speak with an agent to learn exactly what can be covered.

Other Damages- An umbrella insurance policy covers judgments against you for libel or slander. It can also pay for false arrest, violation of privacy, and other civil charges.

Legal Fees- An umbrella insurance policy may take care of legal fees as well as court costs if you lose a court case.

Contact your Coastal Premier Insurance Group agent in Boca Raton, FL to schedule an appointment for a quote and to answer all your questions.