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Scurich Insurance Services has been serving the Monterey Bay Area since 1924. Our mission is to partner with our customers and provide them superior service and value. We are a member of United Valley Insurance Services, Inc., a cluster of over 70 California Independent Insurance agencies, which produced over $530,000,000 of annual premium last year. At Scurich Insurance Services we understand your business and our community. Our customers look to us for comprehensive solutions. We have established relationships with more than 40 of the nation’s leading insurance providers, which allows us to deliver multiple, competitively-priced options and a team of experts to guide you through the process. When you need to file a claim, change a policy or process a certificate you can depend on Scurich Insurance Services to respond quickly to your request. SERVICES In order to provide value added benefits to our customers that go beyond the insurance policy Scurich Insurance Services offers the following additional services: Safety Programs – English and Spanish OSHA Compliance Safety Policies – English and Spanish Online OSHA 300 Log Safety Posters and Payroll Stuffers - English and Spanish Certificates of Insurance – If received before 3:30pm done the same day Risk Management Consulting Brokerage Services Represent most major insurance companies to better market your account. Safety tapes/DVD’s BUSINESS LINES Commercial Commercial Packages Business Auto Workers Compensation Umbrella Bonds Directors & Officers Professional Liability Employment Practices Liability Personal Auto Home Umbrella Recreational Vehicles Boatss Life & Health Individual Medical Individual Life Group Medical Group Benefits

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Posts tagged with contract - contract

Avoid Sticker Shock For Your Teenage Driver

Author TonyScurich , 10/3/2016
Adding a teenager to your auto policy can raise your rate by more than 40%. The good news: you and your teen can reduce these hikes significantly in a variety of ways:
  1. Get good grades. Most insurance companies offer high school or college students with a B average or better a discount of up to 10%.
  2. Live away from home. Students at college or living at least 100 miles from their parents without a car can usually get a 5%-10% discount.
  3. Take an additional driving class. Although most insurance companies don’t give a discount for mandatory drivers’ed instruction, some companies will reduce premiums by 5% for teens who go to follow-up classes.
  4. Sign a parent-teen driving contract. Your insurer might offer up to a 5% discount if your teen agrees to follow such rules as not driving at night or with friends in the car.
  5. Raise your deductible. However, bear in mind that you’ll have to pay this deductible if your teen driver damages the car. If you repair every ding, you could spend a lot more than you'll save on premiums with a higher deductible.
  6. Reduce or drop some coverage. If you have an older car, you might not need Comprehensive or Collision insurance. Be wary of lowering Liability limits. In most cases, it makes sense to keep Personal Injury Protection (PIP) coverage, which pays medical expenses of anyone injured in an auto accident.
  7. Choose a safe vehicle. The higher the safety rating of your car, the lower your premiums – and the safer your teenager will be behind the wheel.
We’d be happy to help you minimize the sticker shock of adding a teen driver. Just give us a call.

The ABC'S Of Construction Liability Insurance

Author TonyScurich , 6/22/2016
No matter how large or small the job in the building trade is, it's always the best policy to carry insurance again liability for losses from injuries, accidents, or property damage during construction. Residential building contractors need a Liability policy to protect them from lawsuits from homeowners for construction-related losses, or from workers injured on the job. Make sure that your contract requires every sub to carry their own Liability insurance and exempt you from responsibility from damage they might produce during construction. The amount of coverage you need will depend on the size of the contract. As a rule of thumb, it's wise to have two or three times the size of the project budget. Commercial contractors usually carry millions in Liability insurance. Contractors with higher risk of damages (for example, roofers or contractors in highly specialized trades) often take out higher coverage. Your Liability policy will set coverage amounts (limits) for both each occurrence and overall (aggregate) values. Limits are also set for: 1) fire damage to property under construction; 2) medical expenses for injured workers on the jobsite who might not be covered under Workers Compensation; and 3) personal and advertising injury (claims that promotion or advertising caused a financial or personal loss to the owner of the home or building). While many contractors pay their Liability premiums up front, those with cash flow problems others prefer to finance them through an indemnity corporation with a down payment and monthly payments over six months to a year. As always, our insurance experts stand ready to help you find comprehensive Liability coverage at a rate you can afford. Feel free to get in touch with us at any time.

Equipment Breakdown Insurance: A 'Must Have' Coverage

Author TonyScurich , 6/6/2016

You're facing a deadline to complete work under a major contract - when a voltage spike surges through your electrical lines, burning out computers and telephone equipment. How would you pay for replacing or repairing the damaged equipment, taking the steps needed to get back in production, and replacing lost income?

In today's high-tech electronic world, more and more companies are buying Equipment Breakdown policies (formerly known as Boiler & Machinery insurance) to protect themselves against losses from a variety of mishaps that are sometimes unpredictable and often unavoidable: everything from mechanical failure or electrical short circuits to "arcing" (faulty wiring or motor burnout. The rapid growth of Internet marketing and "just in time" inventory make businesses more dependent than ever on computers - while critical data often exists only on the Internet or online databases that can't be accessed when equipment breaks down. Depending on their size and sophistication, some businesses include this coverage in their Property insurance, while other purchase it as an endorsement to the policy. A comprehensive Equipment Breakdown policy should include:
  • Reimbursement for the cost of repairing or replacing damaged equipment (Some policies also cover green construction, disposal and recycling methods)
  • Replacement of income lost from downtime ("Business Interruption" or "Service Interruption" coverage)
  • Assistance from your insurance carrier, ranging from maintenance guidelines and checklists and crisis planning templates to identifying sources for repairs, unusual parts, or replacement equipment that can be obtained quickly.
Our Business insurance experts would be happy to help you obtain a cost-effective Equipment policy that's tailored to your needs. Just give us a call.

Six Non-Insurance Methods Construction Businesses Can Use To Deal With Risk

Author TonyScurich , 2/29/2016
There will always be a risk that something will go awry during construction projects. When something does go wrong, the result is usually costly time delays and mild to devastating additional material, labor, and damage costs. As far as risk goes, most construction business owners view insurance as their first line of defense. Not that insurance isn’t an appropriate risk prevention tool, but it’s not always economically feasible or efficient to try and cover each and every possible risk with insurance. There are actually many risks that can be dealt with thorough the concepts of risk transfer, risk sharing, risk retention, risk control, risk prevention, and risk avoidance. Let’s look at some key points about each: 1. Transfer of RiskThere are parties, aside from your own insurance, to which you might transfer the risk. The two most common risk transfers are through being named as an insured person on an alternative insurance contract, and through express indemnification clauses. When you’re named on another party’s insurance, their coverage extends to you. If you’re a general contractor, for example, then you might require the electrical contractor to name you on their liability policy. As long as the other party’s insurance covers the loss, your portion of any loss would be paid by the other party’s insurance policy. The second common method of transferring risk is through an express indemnification clause in a contract. This is also referred to as a hold harmless clause. There are three varying degrees of risk transfer. The type one indemnity clause, also called a broad form, states that the indemnitor (party that will be responsible for the loss) will hold the indemnitee (party that will be protected) harmless regardless of whether the loss was caused by the indemnitee. A type three clause, also called comparative fault, holds the indemnitor responsible for only the loss that they caused. The most common type of indemnification clause is the type two, also called the intermediate form. The indemnitor assumes all the risk unless the sole cause of the loss is fully attributable to the indemnitee. An example of a type two clause would be a general contractor agreeing to hold an owner harmless (regardless of whether the loss was partly caused by the owner) if the loss was caused in part or entirely by the contractor. 2. Risk Sharing. There are often opportunities to share the risk with the other parties involved with the construction project. The contract should have a clause that stipulates each of the involved parties would be liable for those losses caused by his/her actions or inaction. 3. Risk Retention. Whether they want to or not, all construction businesses are going to retain some of the more minor risks. It’s simply not monetarily feasible to cover every single risk with insurance. These minor retained risks, such as errors that cause a couple of days of redoing work, are funded from the operating budget. Insurance deductibles are another way that risk is retained. Just be sure that whatever risk is retained has a value and can be funded should a loss actually occur. 4. Risk Avoidance. Although risks are often tempting, such as a supplier offering a cheaper material, most risks are best avoided. If you suspect that the cheaper material could be defective, then it simply makes better sense for you to put the longevity and reputation of your business first and avoid the risk. 5. Risk Prevention. Risk prevention is a very broad topic with many elements, but the premise of the concept is taking action to avoid negative events from occurring in the first place. It’s usually very simple carelessness that causes accidents. So, risk prevention may include simple things like keeping passages free of debris and idle tools secure. Risk prevention should be an ongoing training program for employees, supervisors, and managers. 6. Risk Control. Like risk prevention, risk control is a very broad topic with many elements, but the premise of the concept is reducing the amount of loss incurred during a negative event. A good example would be posting emergency response phone numbers so that immediate help can be called during an accident. Risk control should also be an ongoing training program for employees, supervisors, and managers.  

Consider a Parent-Teen Safe Driving Contract?

Author TonyScurich , 4/15/2015
Hand pen keysOne of the scariest moments of a parent's life is when they hand a teen the car keys and watch one of their most precious possessions, their own flesh and blood, roll out of the driveway. Most parents wonder at this moment whether their kids are really ready for the massive responsibility of driving a car. Will their teen follow the rules of the road? Will she take unnecessary chances in the vehicle? Do their kids really understand how quickly a car can spin out of control or how it takes just a moment's inattention to cause a serious accident? Many parents find that driving adds a whole new set of issues to argue about with their teens. Some parents find that creating a safe driving contract helps everyone in the family get on the same page with regards to driving. This contract outlines what parents expect of teens when they are on the road. Use the following ideas to craft a safe driving contract for your own kids. Passengers Do you want to allow your teen driver to transport friends across town? If so, you should specify how many passengers are permitted in the car. Remember that having other teens in the car can cause the driver to become distracted and possibly cause an accident. Late Nights With the busy schedules that most teens keep, you may want to discuss what time you need your teen to be home. Emphasize that this is a safety issue, rather than a control issue, since sleepy driving can cause accidents. No Drinking and Driving Many teens know this already, but don't be afraid to write it down to emphasize how very foolish the choice to drink and drive is. Tell them that they can always call you to get a ride home, even if they are ashamed of where they are and who they are with. Tickets and Accidents Spell out the consequences of moving violations and accidents. You may want your teen to pay for his own tickets and pay for repairs to the car if the accident is his fault. No Texting and Driving Tell your teen that the cell phone should be on silent and out of his reach while driving. Even reading an incoming text can be dangerous while driving. After you have written down your thoughts about safe driving, discuss the points of the contract with your teen. Be sure to keep the conversation positive and affirming, and remind your teen that driving is a privilege. If he wants to keep this privilege, he has to play by your rules, even if he thinks they are overprotective and silly. If you need advice about your teen's auto insurance, contact Scurich Insurance Services today!

Is that contract insured?

Author TonyScurich , 5/26/2014
Scurich Insurance Services, CA, ContractsTo be in business means to sign contracts - and every one of those contracts requires that you agree to provide some guarantee. A common question is "will my insurance back me up on those guarantees?" The answer can be complicated. For one thing, it's essential to determine if the contract is one of the types that your Liability coverage specifies as an "insured contract." Although other policy provisions can also apply (such as exclusions and limitations), if a particular contract isn't considered an "insured contract," look no further - your policy won't apply. Standard Commercial Liability policies usually define "insured contracts" to include:
  • Leases.
  • Sidetrack agreements (made with a railroad if you have tracks crossing your property).
  • Easement or license agreements.
  • Obligations required by ordinance to indemnify a municipality.
  • Elevator maintenance agreements.
Almost all Liability policies also include a broader provision that covers contracts under which your businesses assume the "tort liability" of another party for bodily injury or property damage. "Tort liability" is defined as liability that would exist in the absence of a contract or agreement. In other words, the liability you're assuming must arise from the negligence of the other party to the contract. If the injured person can sue this other party without reference to any contract or agreement ("tort liability"), then a contract under which your business agrees to assume this liability will be considered "insured." Although it's important, the definition of "insured contract" is only the starting point for determining if Liability coverage applies. Instead of assuming that your policy covers your contractual agreements, give one of our specialists a call. We can review the specific provisions of your current coverage as they might apply to your proposed contract and advise you about possible gaps. Content provided by Transformer Marketing.

Protect 'contingent workers' and your business

Author TonyScurich , 3/31/2014
Scurich Insurance Services, CA, Safety in the WorkplaceIf you're using "contingent workers" -- on a part-time, temporary, or contract basis -- be aware that these employees face a greater risk of occupational injuries and illness. According to the National Institute for Occupational Safety & Health (NIOSH) reasons for this higher vulnerability include the tendency to outsource more hazardous jobs, lack of experience and familiarity with operations in a dangerous workplace, inadequate protective equipment, and limited access to such preventive measures as medical screening programs. The chances are that temporary workers have a wide variety of experience levels (due to high turnover) or have had the benefit of formal safety programs. Also, bear in mind that even though the safety of contract workers is the legal responsibility of the contractor, the OSHA General Duty Clause could be interpreted to make you responsible for protecting everyone in your workplace. To help meet this obligation, and bolster workplace safety compliance we'd recommend that you take these steps:
  1. Include safety requirements in the contract, even if only to state that the contractor must comply with OSHA requirements. If the contractor doesn't follow safety rules, you can force compliance or stop work for breach of contract.
  2. Set the safety compliance ground rules up front, during orientation or before they start work.
  3. Share accountability. Although an accident caused by a contract worker might not be your legal responsibility, it's still your problem. Don't leave safety compliance problems for the contractor to solve alone.
  4. Offer assistance. Explain all hazardous conditions or processes during the initial project orientation and stress any rules and restrictions, such as hot-work permit requirements, lockout/tagout, and confined spaces situations and needs.
  5. Document communications with contractors. Give the contractor(s) a document or form to sign when resolving specific safety problems or for conducting inspections.
  6. Read the OSHA Multi-Employer Citation Policy. OSHA published an enforcement and compliance directive (CPL 02-00-124, December 10, 1999) laying out its citation policy for multi-employer worksites, which includes contractors.
Finally, don't forget that most contingent workers will only be in your workplace for a relatively short time. This only adds to the urgency of getting them up to speed on your company's safety policies and practices as quickly as possible. Contact our office today for more information. Content provided by Transformer Marketing.

Artisan contractors insurance

Author TonyScurich , 3/10/2014
Scurich Insurance Services, CA, Contractor's insurancePlumbers, electricians, carpenters, tree surgeons and roofers who perform skilled work on a customer's premises are just a few examples of artisan contractors. These workers are also called casual contractors. Piano tuners, interior decorators, exterminators and other skilled service providers are also considered artisan contractors. These contractors require special insurance for their tools and equipment, which are commonly moved from one site to another until each job is finished. The most affordable and efficient way for an artisan contractor to get liability and property coverage is to obtain a Business Owners Policy that is tailored to fit individual needs. Although they might be marketed under varying names, such policies usually have similar terms. Property owned by the business and real property are covered by the BOP. The property must be located at the address of the business described in the policy. Businesses that lease or rent their locations have coverage from the BOP for tenants' betterments and improvements. These include any installations, additions or alterations that cannot legally be taken away from the premises. Equipment that moves from one site to another and valuable machinery are items that pose the greatest risk for a significant loss. Such items are not covered under a standard property insurance policy. These items are classified as movable property, which means special contracts are required to obtain insurance. These special contracts are called floaters. Various types of equipment and machinery are covered during transit with an installer's floater. They're also covered during testing. In some cases, building materials might also be covered. Policies may be written to include coverage on a reporting form or for a single job. This means that the contractor provides information to the insurer regarding each new contract. Tools and equipment floaters provide coverage for the property that is insured. Coverage is extended to any location where the movable property is used. Liability coverage is essential for all contractors. If a customer files a lawsuit, this type of coverage will certainly be required to protect the contractor. Subcontractors' customers might require individuals who work for them to have Owners and Contractors Protective Liability insurance. This type of coverage provides protection for business owners from liabilities resulting from negligent acts committed by contractors or subcontractors. It's best to speak with one of our agents to learn how this type of coverage works. There might also be coverage for certain vehicles. Speak with us to learn what types of coverage are available for vehicles that are used primarily for business. Content provided by Transformer Marketing.

Contractor Insurance Explained

Author TonyScurich , 2/3/2014
Scurich Insurance Services, CA, contractor insuranceAn ever increasing number of people in the labor force are contractors. As the owner of a business you normally use contractors to ensure that they have contractor insurance. An ever increasing number of people in the labor force are contractors. As the owner of a business you normally use contractors to ensure that they have contractor insurance. This type of insurance is useful in the event of injury or damage caused by the contractors on any of your property. As a contractor you will need contractor insurance to protect yourself from any claims made against you directly and/or any legal expenses incurred even if you are wrongfully sued by the company, organization or party’s involved. There are several people who are possible candidates for contractor insurance. This is an option for anybody who is a limited company contractor. Most companies are more likely to make use of you if you have a contractor insurance policy in place to protect them from any arising issues. Contractor insurance cover is mandatory if you want to contract for a governmental institution of a state, federal or even on a city level. Without contractor insurance you do not have a chance of being contracted to supply services to any governmental institution. You essentially have a responsibility over the work you provide to your customer and contractor insurance protects you and the other party from any issues that may result from it. A contractor insurance policy generally has three parts; it covers you, the person or company you are contracted to and member of the public who may be affected directly by your job as a limited company contractor. In each of these groups, it is necessary to have additional full protection available from your provider against accidental destruction or damage caused to property and equipment and full liability protection covering legal, medical and compensation costs. Contractor insurance does not cover negligent actions or deliberate errors. They will also not provide prolonged cover if you show a pattern of consistent and negligent behavior. Other than these two main exclusions, contractor insurance is a very complete cover since it gives you and the company a safety net that would otherwise not be available. There are more insurance products and services that the policy holder could take out in this range. Contractor insurance is mostly designed to include professional indemnity and public liability features. It also covers property and equipment to a large extent. If you need additional coverage in these areas as you realize the volume of business you will produce in a year it will be prudent for you to apply for a separate cover to have protection to a larger extent. A limited company contractor’s work may be used several years after he has completed his work. Therefore, contractor insurance may only be active many years after a contract has been completed. Contractor insurance will ensure that you are still covered for liability long after you retire as you will need to be covered in the event of any consequent legal action. This may take the form of an extension of the liability clause to your contractors insurance or a run-off insurance policy. Content provided by Transformer Marketing.