Get Business Insurance Help

Insure Pacific Inc. is one of the premier Business Insurance agencies serving the west coast. Our mission is to provide businesses with a quick, friendly and cost effective method of obtaining Business Insurance coverage. Our clients are businesses both large and small in a variety of different industries.

How to lower your Business Insurance Rates:

• Ask us to check several insurance companies’ rates. This is the single most important thing you can do to get the best possible business insurance rates—and we can do it for you quickly and easily. The difference between the highest and lowest business insurance rate available to you from different business insurancecompanies could vary by hundreds or thousands of dollars.
• Raise your deductibles. According to the Insurance Information Institute, raising your business insurance deductibles can reduce your insurance costs by 10% to 30%.
• Ask us to check further discounts for you.

Be sure to contact us for a free consultation and business insurance review. We will work closely with you to determine the insurance needs of your business and ultimately find you the best business insurance coverage at the lowest rates available.

About Insure pacific Business Insurance

Insure Pacific's roots began in 1937 with Prineville Insurance, an independent insurance agency serving the Pacific West Coast. Our mission is to provide Businesses with a quick and efficient method of obtaining commercial & business insurance coverage.

We are one of the leading business insurance agencies serving the Pacific West Coast. Our clients are businesses both large and small in a variety of different industries.

Contact Insure Pacific

Contact us for a free business insurance consultation and risk review. We will work closely with you to determine the insurance needs of your business and ultimately find you the best business insurance coverage at the lowest rates available.

Call or e-mail us to speak to an agent today.

Insure Pacific
(800) 285-6372

285 NW 3rd Street
Prineville, OR 97754
info@insurepacific.com
insurepacific.com

National Producer Number 9940961

Business Insurance Services

Insure Pacific Inc. provides a large number of business insurance products and risk management services. Whether you are in Retail or Wholesale, Services or Manufacturing, Construction or Farming or other industry, chances are we can insure your business while finding the lowest business insurance premium available. Listed below are they types of business insurance policies we offer and the different types of businesses we insure:

• General Liability
• Commercial Property
• Directors and Officers
• Employment Practices Liability
• Professional Liability
• Contractors Liability
• Product Liability
• Commercial Auto
• Bonds

• Retailers
• Services
• Manufacturers
• Distributors
• Agriculture
• Public Entity
• Transportation
• Contractors/Builders
• Special Trades

 

 

 

 

 

Business Insurance Resources

Businessowners Policies

Insurance companies selling business insurance offer policies that combine protection from all major property and liability risks in one package. (They also sell coverages separately.) One package purchased by small and mid-sized businesses is the businessowners policy (BOP). Package policies are created for businesses that generally face the same kind and degree of risk. Larger companies might purchase a commercial package policy or customize their policies to meet the special risks they face. BOPs include:

1. Property insurance for buildings and contents owned by the company -- there are two different forms, standard and special, which provides more comprehensive coverage.

2. Business interruption insurance, which covers the loss of income resulting from a fire or other catastrophe that disrupts the operation of the business. It can also include the extra expense of operating out of a temporary location.

3. Liability protection, which covers your company's legal responsibility for the harm it may cause to others. This harm is a result of things that you and your employees do or fail to do in your business operations that may cause bodily injury or property damage due to defective products, faulty installations and errors in services provided.

BOPs do NOT cover professional liability, auto insurance, worker’s compensation or health and disability insurance. You'll need separate insurance policies to cover professional services, vehicles and your employees.

Source: Insurance Information Institute www.iii.org.

Do I need a commercial auto insurance policy?

As a businessowner, you need the same kinds of insurance coverages for the car you use in your business as you do for a car used for personal travel -- liability, collision and comprehensive, medical payments (known as personal injury protection in some states) and coverage for uninsured motorists. In fact, many business people use the same vehicle for both business and pleasure. If the vehicle is owned by the business, make sure the name of the business appears on the policy as the "principal insured" rather than your name. This will avoid possible confusion in the event that you need to file a claim or a claim is filed against you.

Whether you need to buy a business auto insurance policy will depend on the kind of driving you do. A good insurance agent will ask you many details about how you use vehicles in your business, who will be driving them and whether employees, if you have them, are likely to be driving their own cars for your business. While the major coverages are the same, a business auto policy differs from a personal auto policy in many technical respects. Ask your insurance agent to explain all the differences and options. If you have a personal umbrella liability policy, there's generally an exclusion for business-related liability. Make sure you have sufficient auto liability coverage.

Source: Insurance Information Institute www.iii.org.

Do I need professional liability insurance?

What is employment practices liability insurance (EPLI)?

EPLI covers businesses against claims by workers that their legal rights as employees of the company have been violated.

The number of lawsuits filed by employees against their employers has been rising. While most suits are filed against large corporations, no company is immune to such lawsuits. Recognizing that smaller companies now need this kind of protection, some insurers provide this coverage as an endorsement to their Businessowners Policy (BOP). An endorsement changes the terms and conditions of the policy. Other companies offer EPLI as a stand-alone coverage.

EPLI provides protection against many kinds of employee lawsuits, including claims of:

* Sexual harassment

* Discrimination

* Wrongful termination

* Breach of employment contract

* Negligent evaluation

* Failure to employ or promote

* Wrongful discipline

* Deprivation of career opportunity

* Wrongful infliction of emotional distress

* Mismanagement of employee benefit plans

The cost of EPLI coverage depends on your type of business, the number of employees you have and various risk factors such as whether your company has been sued over employment practices in the past. The policies will reimburse your company against the costs of defending a lawsuit in court and for judgments and settlements. The policy covers legal costs, whether your company wins or loses the suit. Policies also typically do not pay for punitive damages or civil or criminal fines. Liabilities covered by other insurance policies such as workers compensation are excluded from EPLI policies.

To prevent employee lawsuits, educate your managers and employees so that you minimize problems in the first place:

* Create effective hiring and screening programs to avoid discrimination in hiring.

* Post corporate policies throughout the workplace and place them in employee handbooks so policies are clear to everyone.

* Show employees what steps to take if they are the object of sexual harassment or discrimination by a supervisor. Make sure supervisors know where the company stands on what behaviors are not permissible.

* Document everything that occurs and the steps your company is taking to prevent and solve employee disputes.


Source: Insurance Information Institute www.iii.org.