Non-Owned & Hired Auto Liability Insurance

Hired auto liability coverage will pay for damages to a third party, on behalf of your company, if you cause an accident or an injury to someone while you are driving a rented car or “non-owned” vehicle for business. For example, if you rent a car to visit a client, and cause an accident on the way there, the person you hit will look to your company to pay the damages. Without this coverage, your company may have no insurance coverage for a rented car.

The same scenario applies if you have an employee run an errand, or visits a client in his or her own car. When the employee causes the accident, the injured party is going to look to your company to pay for damages since the employee was using the car on company time. This can also apply if you casually ask a friend to pick up office supplies for you the next time they go to the office supply store and an accident occurs! The courts, needless to say, have been known to render some surprising decisions. 

When you consider the nature of your business, this may be your single largest exposure!

Excess Liability Insurance

Excess Liability Coverage is designed to add additional limits of liability (in layers of $1,000,000) to your primary, or underlying, liability policies. Since most primary liability insurance policies are written with limits of $1,000,000 per occurrence and $3,000,000 annual aggregate, in the event of a large claim limits of $1,000,000 (the maximum limit of the primary policy) might not be adequate.

Contractual requirements may be another reason to purchase excess liability. Excess liability limits can be written with maximum limits of $20,000,000 or more.

Employment Practices Liability (EPLI)

Offers protection if your company is sued for the acts (or alleged acts) of your owners or managers for sexual harassment, discrimination, failure to promote, wrongful termination, etc. Nearly all liability policies exclude any type of lawsuits that are brought against you by your employee. Do not confuse “sexual abuse” coverage in your policy for “sexual harassment”. Sexual abuse coverage is coverage when a patient alleges a wrongful act by your employee – “sexual harassment” is an “employee vs employer” type of lawsuit.

Cyber Liability

A. Loss of Digital Assets: Loss you incur as direct result of damage, alteration, corruption, distortion, theft, misuse or destruction of electronic data and computer programs.

B. Non-Physical Business Interruption and Extra Expense: Reimbursement for income loss, interruption expenses, and special expenses as a result of the total or partial interruption, degradation in service, or failure of the computer system.

C. Cyber Extortion Threat: Reimbursement for the extortion expenses and extortion monies resulting directly from a credible threat or series of threats.

D. Security Event Costs (Your own direct costs for a privacy breach, security breach or breach of your privacy policy): Reimbursement for security event costs such as notification costs, computer forensic costs and credit protection services. This also includes costs incurred to minimize harm to your brand or reputation, regulatory fines and penalties(where insurable) and any monies required for a Consumer Redress Fund.

E. Network Security and Privacy Liability Coverage (legal liability for a cyber event): Payment on your behalf which you are obligated to pay as damages and claims expenses from your acts, errors or omissions or for others for which you are responsible including outsourcers and vendors following a security breach or privacy breach.

F. Employee Privacy Liability Coverage (legal liability for breach of employee’s PII or PHI): Payment on your behalf in which you are obligated to pay as damages and claims expenses arising out of a privacy breach involving an employee’s private information.

G. Electronic Media Liability Coverage: Payment on your behalf for damages and claims expenses as a result of a. defamation, libel and slander b. invasion of an individuals right of privacy of publicity c. plagiarism or misappropriation of ideas under an implied contract d. infringement of any copyright, trademark, title, service mark e. domain name infringement or improper deep-linking or framing

H. Cyber Terrorism Coverage: Reimbursement for income loss, interruption expenses and special expenses directly as a result of total or partial interruption, degradation in service, or failure of the computer system which is directly caused by an act of terrorism.

Business Property

Included in Business Property icoverage is basically 2 kinds; 1) Real Property (Building), and 2) Furniture, fixtures, equipmet and inventory. This imprtant coverage offers protection against fire & theft. It is very important to “insure to value”, meaning if the replacement cost is $100,000, limits usually should be 80%, 90% or 100%, depending on what is indicated in the policy.

If you do not insure for the correct limits, you could face large penalties if you should have a partial loss. It is very important to understand exactly how your policy will respond in the event of a claim.


A crime insurance policy that is designed to meet the needs of organizations other than financial institutions (such as banks). A commercial crime policy typically provides several different types of crime coverage, such as: employee dishonesty coverage; forgery or alteration coverage; computer fraud coverage; funds transfer fraud coverage; kidnap, ransom, or extortion coverage; money and securities coverage; and money orders and counterfeit money coverage.

Sexual Abuse / Molestation Coverage

This important coverage offers protection if your company is sued for the acts (or alleged acts) of your employee regarding sexual abuse, molestation, etc. Some insurance companies require that your employee handbook includes an approved sexual abuse policy, and if you don’t have one, we can provide a template.