Business Insurance
Business / Commercial Insurance
Bozzuto Insurance Services has been providing business insurance to all types of businesses throughout California for over thirty years, serving companies in San Francisco Bay Area, San Jose, Oakland, Los Angeles, Long Beach, Anaheim, Santa Ana, Irvine, San Diego and more.
Bozzuto Insurance Services are specialists in business needs, offering a full range of business insurance and employee benefits solutions. We can help in selecting the proper solutions for your unique business situation.
General Liability Insurance
Liability insurance protects the assets of a business when it is sued for something it is
liable for by causing an injury or property damage. Covered general liability claims can
include bodily injury, property damage, personal injury, and advertising injury (damage
from slander or false advertising). The insurance company can cover compensatory and
general damages as well. Punitive damages aren't covered because they're considered to
be punishment for intentional acts.
Transferring risk is what it's all about ! For many businesses, this is one of the
largest exposures. General Liability insurance comes in many different
"shapes and sizes", we can tailor a program specific to your needs and risk
tolerance. Price, coverage and your company's specific requirements help us
develop an attractive insurance program designed just for your needs !
Worker's Compensation
A California State mandated form of insurance covering workers injured in job-related
accidents.
It's right up there with payroll and taxes. Finding the best price is only half the
battle. In addition, we help you keep those costs down by providing Claims
Administrations, Experience Modification Analysis and Safety/Loss Control
assistance. We have access to just about every insurance carrier in California
including some exclusive programs.
WRAP / OCIP / CCIP or "WRAP-up" Coverage
Have a multi-unit project and can't get subs to bid ? Whether you are a sub, GC or
developer, you need to know what you are getting with these programs.
WRAP / OCIP / CCIP insurance is specific to a named project or projects. It covers all
trades under one policy. All WRAPS aren't created equal, Bozzuto's staff has unique
expertise in negotiating WRAP-ups.
The policy may include general liability insurance, workers' compensation insurance,
umbrella liability insurance, payment and performance bonds, and builders' risk insurance.
By insuring all under one policy, premiums are reduced, coverage can be increased and
duplication of coverages is avoided.
Umbrella / Excess Liability Insurance
Umbrella, or excess liability insurance, provides additional liability coverage
(above general liability limits) for specific risks once a policy's coverage limit has been
exhausted. It also provides additional liability for certain risks that would not be covered by
the primary insurance policy.
Property and Equipment Insurance
Property insurance
covers items like your buildings, leasehold improvements, signage,
equipment and personal property. It can include coverage for employee theft, forgery
and/or dishonesty. There may also be coverage for contract penalties assessed against
you if you can not complete the work because the property being installed was damaged
by a covered loss.
Equipment breakdown insurance covers repair and replacement costs of the insured
equipment - items like computers, air-conditioners, water heaters and electrical systems.
Commercial Auto Insurance
This is important insurance to get right the first time. We help select the options that apply
to your business risks. This insurance covers your business autos, or employees
while they use their personal autos on company business. There are other coverage
enhancements that may be needed as well for permanently installed electronic equipment,
rental autos, lease gap coverage and more...
Professional Liability Insurance
We can ease your executive protection worries by covering you with a tailored program
of professional liability insurance. Coverage in risk areas like - employment practices
liability, errors & omissions, Directors & Officers liability, crime / financial fidelity, fiduciary
liability and Internet liability.
Directors and Officers Liability Insurance
Directors and Officers Liability Insurance is insurance payable to the directors and officers
of a company, or to the corporation itself, to cover damages or defense costs in the event
they are sued for wrongful acts while they are (were) with that company. Directors and
Officers Liability insurance is commonly purchased with a companion product "Company
Reimbursement Insurance".
Commercial Earthquake Insurance
Commercial earthquake insurance can be very important in California, where earthquakes
are a fact of life. Most commercial property policies exclude coverage for earthquake
damage (including earthquake sprinkler damage, etc.). If you own office, industrial or
apartment property in California, consider purchasing earthquake coverage.
Fidelity and Fiduciary Insurance
A fidelity bond provides coverage for dishonest and/or fraudulent acts of employees that
could arise in the course of handling money or securities of others. A fidelity bond may
also be referred to as an employee dishonesty bond. One variation of the fidelity bond is
the ERISA fidelity bond which provides coverage for dishonest and/or fraudulent acts of
trustees.
Fiduciary liability insurance (also referred to as ERISA liability insurance) provides
coverage for breaches of fiduciary duty by ERISA plan fiduciaries. Unlike the fidelity bond,
fiduciary liability insurance offers plan fiduciaries protection of personal assets.
Pollution Coverage
There are various forms of environmental insurance from cleaning up a site or future
pollution liability of a site (Pollution Legal Liability) to construction projects which cover
environmental conditions that occur during and as a result of the construction project
work. This second insurance program is controlled by the contractor (Contractor Pollution
Legal Liability Coverage) . These policies are generally more aggressive in providing mold
coverage than with the Pollution Legal Liability insurance.
Business Continuation Insurance
Business continuation insurance covers the life or lives of employees whose
demise would have a substantial financial impact on the surviving organization’s ability to
function and prosper in its future, typically these might be persons who have essential
management, marketing, financial or technical expertise.
For instance - should a partner/corporate officer die or become disabled, business
continuation insurance provides cash to the surviving partners/stockholders to continue
the business or purchase the stock or interest of the deceased or disabled partner.
Employee Benefits including Group Health
Second to payroll, employee benefit costs are often the highest expense item in a
company's financial statement. We recognize that all companies' benefit needs are not the
same. We provide each client with a personalized Market Analysis based on their unique
circumstances. We become an extension of your Human Resources Department by
providing new employee enrollment, eligibility, COBRA administration, and claims resolution.
Employee Benefits represent a large percentage of an employee's total cost. Worker's
Compensation, State Disability, Social Security, Unemployment, Sick Leave and Vacation
time are all benefits provided by you, the employer. This employer "value" is recognized
and highlighted by Bozzuto Insurance Services providing each of your employees with a
personalized Bene-Check illustrating not only the cost of their traditional benefits
(health, dental, vision, etc) but also the cost of all the other valuable benefits....more...
Construction Surety
Bozzuto Insurance Services has a long and deep understanding of the construction
industry which allows us to offer you the best insurance products and services.
Here are some of the types of bonds offered :
- Performance bonds : assures that the contract will be performed according to its
terms and specifications. If not, the bond generally obligates the surety to either
1) finance the contractor, 2) undertake completing the project, 3) tender another
contractor to the owner... or pay the bond penalty.
- Payment bonds : assures that a contractor will make prompt and full payment for
labor and material consumed on a project.
- Maintenance bonds : assures a project will remain free of defects in workmanship
or materials for a specific period of time.
Commercial Surety
Let us help you decide on the right bond coverage to minimize your business risks.
Here is a common example of a commercial bond we offer :
A License / Permit bond that guarantees a company or individual will operate in
accordance with governmental statues, regulations and ordinances. There are
numerous obligation scenarios depending on the specific bond.
Risk Management
Our experienced team can help in you in your company's risk management - identification,
assessment, avoidance, reduction and acceptance. We align coverages with exposures,
identify coverage gaps, offer insurance and non-insurance risk control options and
quantitatively determine costs of risk.
Claims Management
We are here for you before, during and after the claim. A courteous and concerned claims
person will walk you through the entire claims process. We will follow up with the
insurance carriers to make sure your claim is assigned quickly. You will receive constant
communications on the status of your claim until closed. At the conclusion of every claim, a
survey is sent to you so we can track our progress.
Employment Practices Liability
This insurance is important if you have employees. This EPLI coverage was created in
response to major legal changes in the 1990's regarding the Civil Rights Act of 1991,
Americans with Disabilities Act, and the Family Medical Leave Act, all of which provided
employees significantly more rights when dealing with their employers. This insurance is
targeted to cover businesses against lawsuits by workers for sexual harassment,
discrimination, wrongful termination, breach of employment and other employee legal right
infractions.
In Northern California, Bozzuto Insurance
Services is a leading provider of
Construction Insurance !
Let us help you with your
Construction Insurance needs......
Is your New Company a
High Technology Startup ?
Bozzuto Insurance Services can help
you stay focused on what you do best.
We can manage your insurance and
group benefit portfolio year after year
while providing you excellent
coverage with competitive rates !
Do you own an important business in the
Green / Solar / Alternative Energy
Market ?
Bozzuto Insurance Services
Corporate Office
1 Almaden Blvd, Suite 810
Downtown San Jose, CA 95113
515 S. Flower St.
36th Floor
Los Angeles, CA 90071
402 West Broadway
Suite #400
San Diego, CA 92101
Tailored to Your Company Requirements !
with your Drug and Alcohol Rehab Center Insurance.
Members or Officer of the following Oragnizations :
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Call us to go over how this important Insurance coverage can protect you !
construction, high tech, solar / alternative energy, child care business, employee benefits, professional liability, employment practices liability insurance and more.....