Our qualified agents and staff have the knowledge and experience to protect your business. We help nearly every kind of business in Hawaii find the right insurance protection for covered losses during business operations. Our clients include wholesale/retail stores, food trucks, restaurants, contractors, apartments, and many others. Business insurance coverages generally include commercial general liability, commercial property, commercial automobile, workers’ compensation, TDI, umbrella and other specialty coverages.
Commercial general liability is an essential policy for businesses to protect against claims or suits from customers or the general public for bodily injury or property damage liability due to the negligence of the business arising out of their premises, operations or products and completed operations.
Your physical assets are critical to run your business. A commercial property policy covers the building, inventory, furniture and fixtures, contents and equipment from direct loss or damage due to fire, lightning, explosion, windstorm, vandalism, and other causes of loss covered by the policy. The policy can also be extended to provide coverage for loss of business income and to pay for continuing expenses.
The BOP is policy that is package to provide property and liability coverage for eligible small businesses. The businessowner’s policies are written on special coverage forms that are generally very similar to the property and liability counterparts, but they usually have some unique features that make them especially advantageous for businesses that qualify.
Commercial (Business) auto insurance provides coverage for motor vehicles owned and registered by commercial businesses. Hawaii law requires all motor vehicles used on public roads to carry a motor vehicle insurance policy. A motor vehicle insurance policy consists of bodily injury and property damage liability including PIP (medical payments) coverage. Optional coverages offered are uninsured/underinsured motorist and physical damage to a covered auto.
A workers compensation policy is mandated by Hawaii State law for all businesses with either full-time or part-time employees that fall under the workers compensation statute. It is the employees’ exclusive remedy for work- related injuries or diseases. The policy provides coverage for an employer’s two exposures arising out of injuries sustained by employees. Part One covers the employer’s statutory liabilities under work comp laws and Part Two covers liability arising out of employees’ work-related injuries that do not fall under the work comp statute.
TDI is Hawaii State mandated coverage provided by employers that require the payment of benefits to temporarily injured sick or disabled employees not otherwise covered by workers compensation laws. TDI provides coverage for non-work-related injuries or sickness.
Accidents happen. If an accident results in serious injuries, property damage or a lawsuit, your primary insurance may not provide adequate coverage. You may be faced with paying the difference. The umbrella liability policy is designed to provide excess liability limits when the limits of the primary commercial liability policies are exhausted.
You have probably seen and heard of the highly publicized stories on the significant rise in cyber-related crimes.
- Do you store sensitive data in the cloud or on an electronic device?
- Could you afford to be closed for a minimum of 2 days or more from a Cyber Security breach?
Threats to businesses are growing significantly. Cyber liability insurance covers the cost for a business to recover from a data breach, virus, or other cyberattack.
A garage insurance policy includes coverage for garage liability and auto liability. Garage liability is similar to general liability but designed to cover the exposures for auto-related businesses like auto dealers, repair shops, body shops, service stations and parking garages. Optional coverages include garage keepers, auto physical damage, and premises medical.
Inland marine insurance is designed for property in transit over land, certain types of moveable property and property without regard to a fixed location. Examples are motor truck cargo, contractor’s equipment, accounts receivable and valuable papers.
Theft, fraud, or forgery committed by employees, or third parties is happening with increasing frequency in Hawaii. Crime insurance covers businesses mainly for the theft of money and securities but can also include other types of business property.
Hawaii’s hurricane season runs from June through November. Hurricanes are strong storms that endanger life and property. Preparation is your best protection against the damages of a hurricane. It is essential that you review your insurance policies each year to ensure they provide the protection for your business. A conversation with your insurance agent is all it takes.
Flooding and earthquakes can happen at any time. Many business owners are unaware that there may be coverage gaps in their existing policies for damages caused by floods or earthquakes.
In addition to the more common lines of business insurance, we can also provide coverage for the following specialty lines of insurance:
- Fidelity and Surety Bonds (Construction, Fiduciary, Notary, Licensing, etc.)
- Ocean Marine
- Directors and Officers Liability
- Employment Practice Liability
- Fiduciary Liability
- Professional Liability
- Malpractice Liability
If you have a question about whether a type of coverage exists for risks not listed above, please CONTACT US and we will gladly assist you with researching the availability of coverage to suit your particular needs.