Umbrella Liability Insurance

Umbrella Liability Insurance  The following factors can increase the cost of umbrella liability insurance: Your business is open to the public and experiences lots of foot traffic, which increases the chance of a claim on your general liability policy.  You regularly handle customer property, which places you at risk of a property damage lawsuit. You…

Read More

Commercial Truck Insurance

How Does Commercial Truck Insurance Work?   Similar to other forms of auto coverage, commercial truck insurance protects others in the form of bodily injury and property damage liability coverage if a truck driver is found responsible for an accident.  Commercial truck insurance can also offer other coverages, such as comprehensive and collision protection, cargo…

Read More

Home Insurance

  3 Ways to insure the structure of your home: Understand the difference Replacement Cost:  Insurance that pays the policyholder the cost of replacing damaged property without deduction for depreciation, but limited to a maximum dollar amount. Extended Replacement Cost:  An extended replacement cost policy, one that covers costs up to a certain percentage over…

Read More

Earthquake Insurance

Earthquake Insurance Earthquake insurance covers some of the losses and damage that earthquakes can cause to your home, belongings, and other buildings on your property.  If you have a mortgage, you must have homeowners insurance. But you don’t have to buy earthquake insurance. Your homeowners insurance doesn’t cover earthquake damage (except fire).  The (3) parts…

Read More

7 Types of Cyber Security Threats

7 types of Cyber Security Threats   Malware • Block access (ransomware) • Install harmful software • covertly obtain information (spyware) • making the system inoperable    Emotet  • continues to be the most costly and destructive malware    Denial of Service (DoS) is a type of cyber attack that makes a computer or network…

Read More

Workers Comp

How Is Workers Compensation Insurance Purchased? Employers must purchase workers’ compensation insurance from PM Insurance Services. Employers may also have the option to self-insure for workers’ compensation. PM Insurance Services can assist a business with purchasing workers’ compensation insurance from a licensed insurance company and can provide information regarding State Fund and self-insurance. State Fund…

Read More

Cannabis Risks

PM Insurance Services and IES offers coverage for Cannabis Risks PM Insurance Services in conjunction with Indemnity Excess & Surplus Agency is excited to announce we are quoting a wide array of Cannabis-related risks. Our target cannabis appetite is for hard-to-place and distressed accounts including Allied Health and Health Care, Casualty, Commercial Property, Life Sciences,…

Read More

Cultivation Insurance

Cultivation insurance is designed to protect your plants, equipment, liability and business income in the event of a loss. Your business is definitely worth protecting it with property and liability insurance is super important. If your grow is to go down as the result of an insurable event, we can provide security and confidence that…

Read More

Cyber Extortion

What is cyber extortion? Cyber extortion is an online crime which hackers hold your data, website, computer systems, or other sensitive information hostage until you meet their demands for payment. It often takes the form of ransom ware and distributed denial-of-service (DDoS) attacks, both of which could paralyze your business. Cyber liability insurance provides coverage…

Read More

Assembly Bill 5 (AB5)

California recently adopted Assembly Bill 5 (AB5), authored by Asm. Lorena Gonzalez (D-San Diego). AB -5 places into law an independent contractor test known as “ABC” test. In order to be considered an independent contractor, a worker must satisfy all 3 parts of the test. A. The person is free from the control and direction…

Read More