What We Do |
| Paramount Exclusive Services, Inc. offers coverage for all lines of insurance! |
Commercial Lines include but are not limited to:
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Worker's Comp - |
Worker's Comp Insures against losses from liability imposed upon employers to compensate employees and their dependents for injuries sustained by employees out of and in the course of their employment. It is predicated on the fact of employment. Negligence and/or fault are immaterial factors. Worker's Comp coverage is REQUIRED by California State Law.
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[-] | Business Owner Policies |
Business owner policy is an insurance policy that offers multiple lines of coverages:
* General Liability
* Business Personal Property / Contents
* Loss of Business Income
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Commercial Packages - |
Commercial package is an insurance policy that includes two or more lines or types of coverage’s in the same contract.
Normally, this packages will be less expensive if purchase as a package because of discounts.
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Commercial General Liability |
Most companies obtain basic liability coverage through a Commercial General Liability (CGL) form.
The typical modern General Liability coverage form contains the following component coverage’s:
Premises And Operations - Protects against covered lawsuits alleging bodily injury or property damage caused by an occurrence arising from the premises or operations of the insured.
Products And Completed Operations - Protects against covered lawsuits alleging bodily injury or property damage caused by an occurrence arising out of the sale of a defective product (products liability) or out of a completed operation (ex: construction of a building). Products And Completed Operations Coverage can only be triggered after the final sale of a product or construction job.
Personal / Advertising Injury - Protects against certain lawsuits arising from personal injury (ex: slander, libel, false imprisonment) or advertising injury (ex: disparagement of a competitor’s product or service).
Damage To Premises Of Others - Protects against certain covered lawsuits when the insured damages the premises of a landlord.
Medical Expense Payments - Protects against certain covered lawsuits arising from guest injuries (ex: slip and fall) while on your premises.
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Commercial Auto/Commercial Truck/Commercial Tow |
Commercial Auto Coverage is the limit of liability you must have to satisfy State law and is sometimes regulated by vehicle weight. If the gross weight exceeds 10,000 lbs then you must carry at least $750,000 of coverage per occurrence in California.
An Umbrella Insurance policy is a liability policy designed to provide liability protection above and beyond that is provided by standard liability contracts.
It is highly recommended that you carry commercial (rather than personal) insurance coverage on all vehicles that are used for business purposes.
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Commercial Property |
Commercial Property coverage is designed to insure most types of commercial properties:
* Buildings
* Business Personal Property / Contents - furniture and equipment on the premise
Property insurance provides protection against most risks to property, such as fire, theft and some weather damage, depending on the form of coverage purchased.
There are three main levels of coverage:
* Basic Form
* Broad Form
* Special Form (otherwise known as All Risk)
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CA Home Insurance Discounts
You may be eligible to get a California home insurance discount for:
If you have tangible assets, you need the protection of a homeowner’s policy. These policies cover you in a home or an apartment, whether you are an owner or a renter. A well-written homeowner's policy will pay to replace any of your personal property that is destroyed in a fire or other disaster. The policy will also be your first line of defense against a lawsuit from someone injured at your home. 
The cost of this coverage is determined by many rating factors. The quality of the coverage, however, is determined by the quality of the insurer and whether the policy is written on a named perils or all-risk basis. A named-perils policy covers only those losses specifically cited in the contract. The all-risk policy works the opposite way -- unless a peril is specifically excluded, coverage is provided. The all-risk policy is broader and the burden of proof is on the carrier not you in the event of a loss. |
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Having a burglar alarm