General Liability
We live in a very litigious environment and it is amazing the kinds of things people can and do sue for, sometimes it seems as if accountability is a thing of the past. However, it is entirely possible that someone could be injured on your premises such as a slip and fall, or your product could inadvertently harm a third party. This coverage is designed to protect claims such as these.

Property
Fire is frightening, any business owner’s worst nightmare. This coverage is designed to protect your building, business personal property, computers and business income (see below). In addition to fire, policies can include coverage for theft, transit and certain kinds of water damage to name a few.

Business Income
In the event of a loss, it is imperative that you get your business up and running as soon as possible to minimize the possibility of lost revenue. This coverage is designed to cover loss of profits, continuing expenses, payroll, and extra expense that you would incur to relocate to another location.

Automobile
Unfortunately most of us have experienced an accident at some point in our lives. Businesses are even more vulnerable especially depending on the number of units you have on the road. This coverage is designed to provide liability coverage to a third party for bodily injury or property damage. Additionally, coverage can include physical damage to your vehicle such as collision and theft. Car rental and towing can also be included.

Non-Owned Auto
How many times have you had an employee drive their own car on behalf of the business? This coverage provides excess auto liability in the event your employee, driving their own vehicle causes bodily injury or property damage to a third party and your business is sued. (whether they are picking up postage or sandwiches, doesn’t matter, they are driving on your behalf).

Catastrophic Liability Protection
You are vulnerable in any number of ways and the possibility of a catastrophic claim can arise from an automobile accident, slip and fall or a product sold. This coverage provides Excess Liability over and above your General Liability, Products and Automobile policies.

Workers Compensation
While the state mandates that all businesses have this coverage to protect their employees in the event they are injured from work related accidents, this has been the most controversial in the recent past due to excessively high losses and premiums. In addition to placing this coverage on your behalf, we believe in being proactive on claims management as this is critical to your long term costs.

Employment Practices Liability
Another controversial coverage. We’ve seen more claims arising from sexual harassment, wrongful termination and discrimination than ever before. This coverage is designed to protect you against claims arising from these kinds of situations. Policies are tailored in any number of ways and include defense coverage which is often the most used portion of this policy.

International Insurance
We are one of the few specialists in Los Angeles writing Defense Base Act, Foreign Accidental Death & Dismemberment, Kidnap/Ransom/Extortion, Foreign Liability and other international insurance. We specialize in countries with difficult political climates such as in the Middle East.

For more information, please email us at:
commercial_inquiries@stoneharrisstone.com