General Commercial Insurance
Professional Liability & E&O
Professional Liability or Errors and Omissions (E&O) Insurance is for service oriented type businesses like attorneys, physicians, accountants, financial consultants, etc. It is a commercial insurance policy that will protect the insured from financial damages in the event they are sued for a perceived or real “negligence” that injures their clients. Premiums vary based on industry, revenue size, length of time in business, geographical location and other factors. The policy will protect you from court and judgment costs, attorney fees and other defense expenses, as well as final settlements.
Cyber Liability
Experts agree at some point all businesses will suffer a potentially large loss from some type of cyber attack or breach. That’s because a vast majority of companies conduct their business online. Additionally, they store valuable data on computer networks and/or in the cloud (internet storage). Yet, the standard business owner policy does not consider electronic data to be tangible assets and therefore does not cover them.
the djb group can help you secure Cyber Risk and Liability Insurance tailored around your company’s specific needs. Cyber Risk Liability generally covers loss caused by computer viruses, computer theft, or extortion. Additionally, it also covers intentional or unintentional errors made by your employees. It may also cover an outright cyber breach and/unauthorized use of your data from someone outside your business.
Farm & Ranch
the djb group offers a variety of coverage to meet the needs of farmers and ranchers. No matter the size, or nature (crops, livestock) of the business we are able to tailor multiple coverages. This includes property and liability coverage, including auto, equine, machinery, livestock and more to fit your needs.
Umbrella & Excess
Umbrella & Excess Liability acts as a gap between existing coverage and any claims that go beyond the limits of those policies. Simply put, this extra coverage helps in the face of catastrophic settlement that threatens your financial future. A simple example would be a settlement calling for $1.5 million, however your General Liability only covers $1 million. Your Umbrella Policy would provide you the additional $500,000 to successfully settle the claim, without touching your assets.
You may find that adding an Umbrella Policy to your portfolio could be less expensive than raising the limits on their existing policies. Thus, premiums will depend on several risk factors as well, as the underlying policies.
Workers Comp
Most states require Worker’s Compensation Insurance (also known as simply “Worker’s Comp”). That’s because it protects both employees and the employer in the event of a workplace injury. Worker’s Comp covered medical costs and provides income to the employee during the period the employee is unable to work. Additionally, it helps protect employers from lawsuits initiated by employees with regard to workplace injuries and occupational illnesses. State laws can vary with regard to Worker’s Comp protection. Accordingly, the DJB Group will help to ensure your business complies with state law.