Assisted Living, Home Health Care & Nursing Homes Insurance
As the population gets older, the Health Care Industry continues to grow at a very healthy rate, and the elderly or people with a disability or cognitive disorders who may need help with daily activities seek help through home health care, hospice, adult day care, or care in a nursing home or various types of facilities.
PJO Insurance Brokerage has access to several markets for Adult Care Facilities, Assisted Living Facilities, Skilled Care Facilities, Long-Term Facilities, Independent Care Facilities, Retirement Apartments and the Home Health Care Industry. With the relationships that PJO Insurance Brokerage has developed with various carriers over several years, we have access to ensure that we will find a nursing home insurance that fits your particular needs. Whether you are a new business just starting out or an established business, we will make sure the coverage fits your business needs. Also, if you are renewing your policy and would like our agency to do a review of your current policies, we will use our expertise and experience to ensure that you have all of the necessary coverage. With the health care facility business ever evolving, we are constantly looking for new and improved programs that serve our clients needs.
PJO Insurance Brokerage has access to various types of bonds, including but not limited to, contractors bonds (all classes), performance bonds, sales tax bonds, surety bonds, license bonds and permit bonds for the construction industry; and we can assist you with all the required paperwork. In addition, we also can provide commercial bonds for the energy, financial, hi-tech and other types of businesses. Additional bonds may include license, permit and compliance bonds for individuals and most businesses.
At PJO Brokerage Insurance, we have access to several bonding agencies and understand the importance of selecting the appropriate bonding insurance for your Phoenix company. We can quickly communicate your needs to the market that specializes in your particular project or business and can find you the most competitive rate in a timely manner. We understand your timelines and need for simplifying the paperwork. Whether you are a new business starting out or looking to renew your current surety program, we are committed to the highest level of service possible.
A surety agent is the professional guiding you to obtain the appropriate bonding insurance for your needs. These bonding insurances can protect your project and the accompanying financial investment.
Factors that you should consider when deciding how much coverage is necessary for your company:
Perceived Risk: Consider the amount of risk that is associated with your business. For example if you are a roofer, plumber, electrician, or drywall construction company, you can carry a much greater risk of being sued for a personal liability insurance injury than an e-commerce entrepreneur. Because of the increased risk, your business would increase its limits.
Location of your company: Certain states, counties, or cities have a history of awarding huge settlements to plaintiffs claiming personal injury. By consulting a broker who is familiar with those areas, it will help you and your business protect its assets. We cover Scottsdale general liability and other types of business insurance for Scottsdale, Arizona and the entire Phoenix Metro area. In fact, we have written policies from all over the country!
General liability policies detail the maximum amount that an insurer will be responsible for paying during the period when the policy is active. These policies also usually list the maximum amount an insurer will pay per occurrence. The insured business would be responsible for any amount above that maximum limit. In that case, a business would be best advised to have purchased an umbrella policy.
Umbrella liability insurance for businesses, also known as excess liability insurance or commercial umbrella insurance provides additional protection when your business exceeds insurance limits on your underlying policy limits. For a single premium, umbrella liability or excess liability policies add another layer of protection to any of several other policies that you might hold, including general liability, employers’ liability, and hired and non-owned auto liability policies.
For example, if you have $1 million in general liability coverage per occurrence and a covered claim is settled for $1.5 million, your umbrella liability or excess liability insurance policy would pick up the additional amount instead of that additional $500,000 coming from your business. Excess liability insurance is generally the most affordable way to get higher policy limits on several other business insurance policies. However, you should note that umbrella liability insurance does not extend the coverage limits on an errors and omissions or professional liability policy. Commercial umbrella policies can be a good value because they provide much additional insurance protection for a relatively small premium. This is because, in most instances, umbrellas are considered secondary coverage, meaning that your primary policy’s limits must first be exhausted before coverage takes effect.
PJO Insurance Brokerage has been working with contractors ranging from General Contractors, Roofers, Framers, Plumbers, Concrete Contractors, Remodeling Contractors, Restoration Specialists, and Electricians among the various classes we have markets for over 10 years. PJO Insurance Brokerage is the one source for contractors, subcontractors and developers insurance programs. From working so closely with the Contracting Industry these many years, we are very familiar with their needs and know which carriers will work for them, providing them the best contractors insurance, as well as a competitive premium. PJO Insurance brokerage delivers superior customer service through knowledgeable expertise and by working with multiple “A” and “A+” rated carriers. In addition to General Liability Insurance for Contractors, we also provide Builders Risk Insurance, Property Insurance, Inland Marine Insurance, E&O Insurance and Umbrella/Excess Liability Business Liability Policies in Scottsdale Arizona and other AZ location. Whether you are a new contractor just starting out or a seasoned contractor seeking renewal help, PJO Insurance Brokerage can help you navigate through the process. We can also help you compare quotes and policies ensuring that you are getting the proper coverage, walking you through the exclusions so you understand them and can make the right choice of insurance coverage for your particular contracting business.
Directors and Officers Liability Insurance coverage is a necessary part of managing a private or publicly traded company, considering how litigious environments exist in today’s world. Directors and Officers are held to a high standard and have legal responsibilities to shareholders, investors, creditors, employees and others. The public is increasingly holding directors and officers responsible for the day-to-day operations of their companies.
Directors and Officers can be held personally responsible for the investment decisions of the company’s portfolio of assets. Examples of negligence can include failure to evaluate properly the credentials of the person responsible, failing to have policies limiting the type and duration of asset purchases, failure to require purchases in excess of certain limits to be approved by the board, etc. Regardless of the reason, they can be brought into a suit for failure of the company’s portfolio or operations to perform. PJO Insurance Brokerage has several markets for this coverage to ensure your company directors and officers are covered in the event a lawsuit is brought against your business.
Employment Practices Liability Insurance covers companies against lawsuits or claims filed by employees, former employees, and employment candidates. This insurance coverage protects the company, its directors, officers and other employees. Companies can use this type of insurance to cover expenses associated with employee rights’ violations, such as alleged acts of discrimination, harassment, hostile work environment, and wrongful termination. If the insured company has to deal with a lawsuit or claim, the insurance company may reimburse the company for expenses incurred by handling the lawsuit. These expenses can be covered regardless of the outcome of the case. The policy can also cover the cost of any settlements or judgments entered against the company. EPLI policies do not usually cover criminal fines, civil fines, penalties or punitive damages unless where allowable by law.
EPLI also excludes coverage for claims that are covered by other insurance policies, such as property damage or bodily injury claims. If you feel your company is at risk of being sued for one of the violations covered by EPLI, you should seriously consider obtaining this type of insurance. PJO Insurance Brokerage can tailor a policy that would be most beneficial for your company and its needs. Having to deal with employment lawsuits can be extremely costly for a company that does not have the proper insurance coverage.
Fidelity and Crime Insurance can protect companies or organizations from loss of money, securities, or inventory resulting from crime. Some of the most common Fidelity/Crime insurance claims allege employee dishonesty, embezzlement, forgery, robbery, safe burglary, computer fraud, wire transfer fraud, counterfeiting, and other criminal acts. These schemes involve every possible angle, taking advantage of any potential weakness in your company’s financial controls. From fictitious employees, dummy accounts payable, non-existent suppliers to outright theft of money, securities and property. Fraud and embezzlement in the workplace is on the rise, occurring in even the best work environments. Any business employer needs to be concerned with Employee Dishonesty or any business handling cash or securities or retirement accounts that needs protection from robbery or theft will need Fidelity/Crime Insurance. Because crime-related losses are not typically covered by most property insurance policies, crime protection insurance is a necessary component for any business. Unfortunately, most businesses don’t purchase adequate crime protection. Fraud and embezzlement in the workplace is on the rise, occurring in even the best work environments. These frauds can go on for years, and when discovered, the ultimate impact can be enormous. Smaller companies are especially vulnerable to Fidelity crimes. Most business insurance policies either exclude or provide only nominal amounts of coverage for loss of money and securities as well as employee dishonesty exposures.
Whether you are a dispensary, growing facility, bakery, edibles manufacturer, or any other business involved in the medical marijuana industry, your insurance needs are different. PJO Insurance Brokerage can help you protect yourself and your business with insurance programs designed specifically for the Medical Marijuana industry and your unique needs. We have access to various Medical Marijuana Insurance Programs for dispensaries, cooperatives, and collectives. We can provide coverage for General Liability, Building/Property Coverage, Equipment Break Down, Contents, Loss of Income, Employee Dishonesty, Glass Coverage, Computer Equipment and more. Coverages are available for small to large operations.
Errors and Omissions Liability protects your company from claims if your client holds you responsible for errors, or the failure of your work to perform as promised in your contract. Commercial General Liability does not provide coverage for errors, contract performance disputes, or any other Professional Liability issues. Also known as Errors and Omissions insurance, Professional Liability insurance is your most critical coverage. Professional Liability insurance protects you and your Phoenix business from potentially catastrophic litigation caused by charges of professional negligence or failure to perform your professional duties. This might include errors and omissions resulting in loss of client data, software or system failure, claims of non-performance, or negligent oversell. The liability risk associated with your company’s professional errors, omissions and negligence can be far greater than the bodily injury and property damage risks covered by your General Liability policy. Whether a claim is baseless or not, mounting a legal defense can bankrupt your company. Professional Liability insurance protects your company and your future by responding to professional liability claims and helping you keep your business operating as potential lawsuits move through the courts. Without Professional Liability insurance, your company could be financially overwhelmed.
One area in the Restaurant/Bar/Nightclub business you do not want to skimp on is insurance. Insurance Coverage can protect you and your business for a myriad of problems, from damaged equipment to liability lawsuits. Depending on where you live, you will need certain types of insurance for your restaurant. You will also need to carry certain types of insurance to satisfy your bank loans and mortgage. Property Insurance: protects your property (building, contents, loss of income, computers, glass, improvements and betterments, etc.) in case of fire, theft, vandalism, or other insured events. Again, if you have any type of mortgage or loan on your business and/or equipment, you are generally required to provide proof of insurance to your lender via a property insurance policy naming them as loss payee or mortgagee. General Liability: this is the primary liability policy that protects you in the event someone slips and falls in your restaurant, gets sick after eating there (whether or not it was your fault), and per your lease requirements. This is a must-have in today’s litigious society. Liquor Liability: most states require that any establishment holding a liquor license carry liquor liability as part of their insurance. It helps protect you if a customer has too much to drink and drives and injures themselves or someone else.
Roofing companies that step on the jobsite without roofing liability insurance are taking a huge risk. Roofing liability insurance allows Scottsdale roofers to bid competitively in today’s difficult market circumstances by providing coverage at very affordable rates. You can rest assured that carrying our roofing liability insurance will not keep you from out-bidding the competition on the most desirable contracts. Never jeopardize your company’s integrity or their financial well-being by not carrying liability insurance coverage for your roofing jobs. Working without Scottsdale roofing liability insurance is too high of a risk to take for a company like yours. If you go without liability insurance, you could face losing everything you’ve worked so hard for in building your roofing contractor business, including insurance for Scottsdale AZ Business. PJO Insurance Brokerage has been offering affordable insurance programs for Roofers for over 10 years. We offer programs for one man operations as well as those with full crews. In addition, we also offer umbrella polices for your commercial roofing operations.