calcocommercialinsurance.com Blog » Commercial Insurance http://calcocommercialinsurance.com/blog Just another WordPress weblog Wed, 08 Feb 2012 06:32:54 +0000 en hourly 1 http://wordpress.org/?v=3.2.1 Commercial Insurance Companies http://calcocommercialinsurance.com/blog/2009/09/07/commercial-insurance-companies/ http://calcocommercialinsurance.com/blog/2009/09/07/commercial-insurance-companies/#comments Mon, 07 Sep 2009 23:45:30 +0000 Administrator http://calcocommercialinsurance.com/blog/?p=149 Commercial Insurance companies provide coverage for several types of industries such as; the retail, wholesale, manufacturing, professional, importing, environmental and energy companies.

The best way to select an insurance company is by checking its A.M. Best rating which is an established insurance rating  agency.

Insurance Company Rating Scale:

Secure Vulnerable
A++, A+ (Superior) B, B- (Fair)
A, A- (Excellent) C++, C+ (Marginal)
B++, B+ (Good) C, C- (Weak)
D (Poor)
E (Under Regulatory Supervision)
F (In Liquidation)
S (Rating Suspended)

Financial Size Category:

Class Adj. PHS ($ Millions) Class Adj. PHS ($ Millions)
I Less than 1 IX 250 to 500
II 1 to 2 X 500 to 750
III 2 to 5 XI 750 to 1,000
IV 5 to 10 XII 1,000 to 1,250
V 10 to 25 XIII 1,250 to 1,500
VI 25 to 50 XIV 1,500 to 2,000
VII 50 to 100 XV 2,000 or greater
VIII 100 to 250

Commercial Business Insurance is mainly sold through a network of agents and brokers.  Each policy is manually underwritten just like to home mortgage.  An application is required for any line of insurance.  Depending on the complexity of the risk and the exposure amount, quotes can be generated quickly.  It is also important to select an insurance broker who understands your business.  We believe that if we can not understand your business then we have no business insuring it.

For more information of commercial insurance companies please contact us or call (877) 225-2699.

]]> http://calcocommercialinsurance.com/blog/2009/09/07/commercial-insurance-companies/feed/ 0 What is Commercial Insurance? http://calcocommercialinsurance.com/blog/2009/09/02/what-is-commercial-insurance/ http://calcocommercialinsurance.com/blog/2009/09/02/what-is-commercial-insurance/#comments Wed, 02 Sep 2009 20:54:10 +0000 Administrator http://calcocommercialinsurance.com/blog/?p=95 Commercial Insurance is a term used to generalize an insurance policy designed to cover a business or a professional service provider.  Commercial Insurance is sold mainly through a network of insurance brokers and underwriters.  To obtain a commercial insurance quote, be prepared to provide detailed information about your business such as estimated gross sales, number of employees, location details, etc.  When you receive your quotes it’s very important to compare them.

Below are several types of insurance policies for various industries.  Select the type of policy to obtain a quote.

Types of Insurance Policies:

commercial insurance quote

Start Your Commercial Insurance Quote

If you own a small business such as a coffee shop, flower shop, pet store, or any other main street business then you qualify for Business Owners Policy (BOP). The Business Owners policies are always more comprehensive and affordable in comparison to other commercial insurance policies.  The average annual cost for a BOP is about $500 annually.

If your business is specialized is manufacturing toys for children you will not qualify for a BOP.  Instead, we can offer a General Liability Insurance which includes Product Liability.  Even if the toy is manufactured in China we will be able to offer specific coverage  for your product.  The annual premium for toy manufactures starts at $750.

Calco Commercial Insurance is a provider of affordable commercial insurance quotes and policies.  Obtain a fast commercial insurance quote online or call (877) 225-2699.

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