Get Lower Commercial Brokers Insurance Rates

Insure Pacific Inc. is one of the premier business & commercial brokers insurance agencies serving the west coast. Our mission is to provide businesses with a quick, friendly and cost effective method of obtaining business & commercial brokers insurance coverage. Our clients are businesses both large and small in a variety of different industries.

How to lower your Business & Commercial Brokers Insurance Rates:

• Ask us to check several insurance companies’ rates. This is the single most important thing you can do to get the best possible Oregon business & commercial insurance rates—and we can do it for you quickly and easily. The difference between the highest and lowest business & commercial brokers insurance rate available to you from different Business & Commercial brokers insurance companies could vary by hundreds or thousands of dollars.
• Raise your deductibles. According to the Insurance Information Institute, raising your business & commercial insurance deductibles can reduce your insurance costs by 10% to 30%.
• Ask us to check further discounts for you.

Be sure to contact us for a free consultation and insurance review. We will work closely with you to determine the insurance needs of your business and ultimately find you the best Oregon business & commercial brokers insurance coverage at the lowest rates available.

About Insure Pacific & Business Brokers Insurance Rates

Insure Pacific's roots began in 1937 with Prineville Insurance, an independent insurance agency serving the Pacific West Coast. Our mission is to provide Businesses with a quick and efficient method of obtaining business & commercial brokers insurance coverage.

We are one of the leading business & commercial brokers insurance agencies serving the Pacific West Coast. Our clients are businesses both large and small in a variety of different industries.

Contact Insure Pacific

Contact us for a free insurance consultation and risk review. We will work closely with you to determine the insurance needs of your business and ultimately find you the best business brokers insurance coverage at the lowest rates available.

Call or e-mail us to speak to an agent today.

Insure Pacific
(800) 285-6372

285 NW 3rd Street
Prineville, OR 97754
info@insurepacific.com
insurepacific.com

Oregon State Insurance License #818859

Business & Commercial Brokers Insurance Services

Insure Pacific Inc. provides a large number of business & commercial brokers insurance products and risk management services. Whether you are in Retail or Wholesale, Services or Manufacturing, Construction or Farming or other industry, chances we can insure your business while finding the lowest premium available. Listed below are they types of policies we offer and the different types of businesses we insure:

• General Liability
• Commercial Property
• Directors and Officers
• Employment Practices Liability
• Professional Liability
• Contractors Liability
• Product Liability
• Commercial Auto
• Bonds

• Retailers
• Services
• Manufacturers
• Distributors
• Agriculture
• Public Entity
• Transportation
• Contractors/Builders
• Special Trades

 

 

 

 

 

brokers insurance Resources & Terms

Insurance Broker
An Insurance Broker is an intermediary between a customer and an insurance company. Brokers typically search the market for coverage appropriate to their clients. They work on commission and usually sell commercial, not personal, insurance. In life insurance, agents must be licensed as securities brokers/dealers to sell variable annuities, which are similar to stock market-based investments.

Business Owners Policy or BOP
A policy that combines property, liability and business interruption coverages for small- to medium-sized businesses. Coverage is generally cheaper than if purchased through separate insurance policies.

Business Income and Extra Expense
Commercial coverage that reimburses a business owner for lost profits and continuing fixed expenses during the time that a business must stay closed while the premises are being restored because of physical damage from a covered peril, such as a fire. It also may cover financial losses that may occur if civil authorities limit access to an area after a disaster and their actions prevent customers from reaching the business premises. Depending on the policy, civil authorities coverage may start after a waiting period and last for two or more weeks.

Commercial General Liability
A broad commercial policy that covers all liability exposures of a business that are not specifically excluded. Coverage includes product liability, completed operations, premises and operations, and independent contractors.

Commercial Multiple Peril Policy
Package policy that includes property, boiler and machinery, crime and general liability coverages.

Directors and Officers Coverage
Directors and officers liability insurance (D&O) covers directors and officers of a company for negligent acts or omissions and for misleading statements that result in suits against the company. There are a variety of D&O coverages. Corporate reimbursement coverage indemnifies directors and officers of the organization. Side-A coverage provides D&O coverage for personal liability when directors and officers are not indemnified by the firm. Entity coverage, for claims made specifically against the company, is also available. D&O policies may be broadened to include coverage for employment practices liability.

Employee Dishonesty Coverage
Covers direct losses and damage to businesses resulting from the dishonest acts of employees.

Employment Practices Liability Coverage
Liability insurance for employers that covers wrongful termination, discrimination and other violations of employees legal rights.

Excess and Surplus Lines
Property/casualty coverage that isnt available from insurers licensed by the state (called admitted insurers) and must be purchased from a nonadmitted carrier.

Independent Agent
Agent who is self-employed, is paid on commission, and represents several insurance companies.

Liability Insurance
Insurance for what the policyholder is legally obligated to pay because of bodily injury or property damage caused to another person.

Package Policy
A single insurance policy that combines several coverages previously sold separately. Examples include homeowners insurance and commercial multiple peril insurance.

Pollution Insurance
Policies that cover property loss and liability arising from pollution-related damages, for sites that have been inspected and found uncontaminated. It is usually written on a claims-made basis so policies pay only claims presented during the term of the policy or within a specified time frame after the policy expires.

Product Liability
A section of tort law that determines who may sue and who may be sued for damages when a defective product injures someone. No uniform federal laws guide manufacturers liability, but under strict liability, the injured party can hold the manufacturer responsible for damages without the need to prove negligence or fault.

Product Liability Insurance
Protects manufacturers and distributors exposure to lawsuits by people who have sustained bodily injury or property damage through the use of the product.

Professional Liability Insurance
Covers professionals for negligence and errors or omissions that injure their clients.

Property/Casualty Insurance
Covers damage to or loss of policyholders property and legal liability for damages caused to other people or their property. Property/casualty insurance, which includes auto, homeowners and commercial insurance, is one segment of the insurance industry. The other sector is life/health. Outside the United States, property/casualty insurance is referred to as nonlife or general insurance.

Re-Insurance
Insurance bought by insurers. A reinsurer assumes part of the risk and part of the premium originally taken by the insurer, known as the primary company. Reinsurance effectively increases an insurer's capital and therefore its capacity to sell more coverage. The business is global and some of the largest reinsurers are based abroad. Reinsurers have their own reinsurers, called retrocessionaires. Reinsurers dont pay policyholder claims. Instead, they reimburse insurers for claims paid.

Risk Management
Management of the varied risks to which a business firm or association might be subject. It includes analyzing all exposures to gauge the likelihood of loss and choosing options to better manage or minimize loss. These options typically include reducing and eliminating the risk with safety measures, buying insurance, and self-insurance.

Umbrella Policy
Coverage for losses above the limit of an underlying policy or policies such as homeowners and auto insurance. While it applies to losses over the dollar amount in the underlying policies, terms of coverage are sometimes broader than those of underlying policies.

Workers Compensation
Insurance that pays for medical care and physical rehabilitation of injured workers and helps to replace lost wages while they are unable to work. State laws, which vary significantly, govern the amount of benefits paid and other compensation provisions.

Wrap-up Insurance
Broad policy coordinated to cover liability exposures for a large group of businesses that have something in common. Might be used to insure all businesses working on a large construction project, such as an apartment complex.