Headquarter
217-04 Northern Blvd
Bayside, NY 11361
Get in touch
718-461-8300
info@solomonus.com
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Minimum Recommended Coverage
Business Personal Property
Business Income with Extra Expense
Employee Dishonesty
Accounts Receivable
Computers
Valuable Papers and Records
General Liability
Employee Benefits Liability
Umbrella Liability
Hired and Non-ownership Auto Liability
Workers' Compensation
Other Coverages to Consider
Building
Equipment Breakdown
Computer Fraud
Forgery
Money and Securities
Employment-related Practices Liability
Business Auto Liability & Physical Damage
Professional or Errors and Omissions Liability
Exposure Risks
- PROPERTY EXPOSURES consist for the most part of office operations, although there may be some incidental storage or an area for minor service work. Hazards are usually light, and both the property and theft exposures depend on the amount and type of computer and office automation equipment on hand. In older offices, light to moderate hazards come from the large amount of paper used. In newer offices there are often personal computers, photocopiers and similar equipment, and the primary hazards arise from the high concentration of electronic equipment. Fire sources include wiring, wear, and overheating of equipment.
- EQUIPMENT BREAKDOWN EXPOSURES are typically moderate. Climate control is important for many businesses, and breakdown of the heating or air-conditioning units or computers may cause serious loss.
- CRIME EXPOSURES include employee dishonesty. Money and securities may be a concern if receipts are collected in the office. Hazards increase in the absence of background checks and monitoring procedures. Computer fraud may be a concern, not only directly to the insured, but also through identity theft of customers’ personal information.
- INLAND MARINE EXPOSURES are generally limited to accounts receivable, computers and valuable papers and records. Equipment or laptop computers may be used off premises. Evaluation must include what is taken off premises or shipped and whether it is subject to theft or transportation losses.
- PREMISES LIABILITY EXPOSURE depends upon whether or not customers come onto the office’s premises or the employees of the operation visit or travel to the customer’s premises. If clients visit the premises, aisles must be free of debris and have flooring in good condition, no frayed or worn spots on carpet, and no cracks or holes in flooring. The number of exits must be sufficient and well-marked, with backup exit lighting in case of power failure.
- Parking lots and sidewalks must be in good repair, with snow and ice removed, and generally level and free of exposure to slip and falls. Factors affecting the risks include exterior lighting, fencing, and any other security measures in place.
- PROFESSIONAL LIABILITY EXPOSURE will depend on the actual operation. However, any professional must have an appropriate license and proper certification to operate.
- WORKERS COMPENSATION EXPOSURE will depend on the actual work being performed. Concerns include eyestrain, neck strain, carpal tunnel syndrome, and similar cumulative trauma injuries that can be addressed through ergonomically designed workstations.
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Office Hours: 9 am - 6 pm
217-04 Northern Blvd.
Bayside, NY 11361
718-461-8300
info@solomonus.com