Insurance Services

Auto Liability
If your business operations depend on the use of vehicles, you will be required to obtain the minimum auto liability insurance. Whether you have a fleet of company-owned vehicles or have your employees operate their own vehicles to conduct business, this insurance policy provides liability and medical payment coverage for accidents caused by one of your employees.

Auto Physical Damage
Accidents are inevitable. It is important that all vehicles used to conduct business maintain sufficient coverage. Commercial physical damage coverage provides commercial vehicles with collision and comprehensive coverage. Collision coverage provides all vehicles involved in an accident with coverage regardless of who is determined to be at fault. Comprehensive coverage provides coverage for all incidents other than collision including fire, theft, flood, vandalism, damages caused by an animal, earthquake, etc.

Builders’ Risk/Course of Construction
This unique insurance policy is designed to meet the exclusive needs of construction workers providing coverage during each phase of the construction process. Your insurance policy will be personalized to meet the unique needs and requirements of each construction project.

Ocean Marine/Cargo
Designed to provide financial peace of mind. This policy can cover losses that involve theft, breakage, water damage, non-delivery and pilferage. These policies are affordable and based on the type of goods shipped, the shipping destination and value of the merchandise.

Employee Fidelity
No matter how detailed your hiring process may be, you can never really know each of your employees. This insurance policy provides you with protection against employee dishonesty, theft, forgery, embezzlement, fraud, and other covered criminal acts.

Computer Fraud & Funds Transfer Fraud
This insurance policy provides you with protection in the event that a thief steals your business’ property through a computer. The theft may include fraudulently transferring your funds from your account.

Cyber Liability/Privacy & Data Breach
Your standard business insurance policy will not protect your organization from the risk of data breaches and cyber damage. A cyber liability policy will provide your organization with protection against any first or third party risks associated with the internet, networks, e-commerce, network damage, and any other cyber risk. This vital insurance protects your organization from financial damage and possibly bankruptcy.

E&O/Network Security
A type of insurance designed to cover providers of technology services or products. For example, data storage companies and website designers provide technology services, while computer software and computer manufacturers offer technology products.

Earthquake & Flood
Standard insurance policies do not provide coverage for flood and earthquake damages. An earthquake policy will provide coverage for the structure of your business and the personal property of the business as well as lost income coverage if you are forced to close for a temporary period of time.

Equipment Breakdown/Boiler & Machinery

Equipment Breakdown insurance, sometimes referred to as boiler and machinery insurance, covers the costly physical and financial damage that can result from an equipment breakdown.  Equipment Breakdown insurance can pay for:

• Direct Property Loss – the cost to repair or replace damaged equipment;
• Lost business income and costs for temporary replacement equipment;
• Other expenses incurred to limit the loss or speed restoration of operations;
• The loss value of spoiled products or materials caused by a covered breakdown;
• Business recovery expense

General Liability
The unpredictable business world makes it imperative for each business to secure general liability protection. Without it, you leave your business exposed to financial ruin. A general liability policy will protect your business from third party claims of bodily injury, third party property damage, personal injury, and advertising injury.

Inland Marine
This insurance provides you coverage for your business tools, equipment, computers, and inventory with protection while in transit or off the work site.

International Coverage
Depending on the unique business operations of your organization, you may need international coverage. This insurance is vital for those who travel internationally to conduct business, or have any business operations conducted outside of the United States. As a complex form of insurance, we will need to customize a unique insurance policy to meet your organization’s international business needs.

Personal Asset Protection
Olympic can provide complete solutions for successful individuals and families. We manage your risk, so you can focus on your life.

We will work with you to create a flexible, customized package for your needs. Protection is augmented with distinctive services including loss prevention consultations at your home, art collection management, primary and secondary homes and rentals, personal property, valuable articles and collectibles, automobiles, personal excess liability, kidnap and ransom protection, watercraft and aviation. In addition to these unique areas of protection, you can rest assured that you will receive unparalleled personal attention at claim time.

Pollution Liability
The condition of our beautiful planet continues to suffer and environmental concerns are on the rise. This insurance policy provides you with protection against the cost to clean up environmental contamination. It also provides you with coverage against third party claims arising out of environmental contamination.

Product Liability/Product Recall
This insurance minimizes the risks associated with product recalls. The coverage extends to product recall issues related to the manufacture, distribution, and sale of a product.

Errors & Omissions / Professional Liability
This vital form of insurance will provide you with protection against claims resulting from the performance, or failure to perform, professional services. This is an especially integral insurance policy for businesses that provide clients with advice.

Employment Practices Liability
This insurance protects your organization from claims pertaining to wrongful termination, harassment, retaliation, and discrimination by employees and/or third parties.

Directors & Officers Liability
This insurance policy provides the Directors and Officers of your organization with protection against damaging claims of alleged wrongful acts.

Commercial Property
This insurance protects your business’ physical assets. The building structure, outdoor signage, furniture, equipment, inventory, fencing, landscaping, and the property of others are covered under a commercial property insurance policy. This insurance provides protection from fire, theft, water damage, vandalism, and other covered perils.

Umbrella/Excess Liability
This insurance guarantees the repayment of the principal and interest related to the bond.

Surety
The uncertainties of the business world make an umbrella insurance policy a vital form of protection for all businesses. An excess liability policy will provide you additional liability insurance when the limits of your standard policies do not suffice. This coverage provides you with an extra safeguard against lawsuits.