Category Archives: General Liability

Equipment Breakdown

EquipmenIndustrial icont Breakdown

Whatever your business; from a freelance graphic designer with a computer set up worth thousands of dollars, to a manufacturer with millions of dollars worth of equipment, if your equipment breaks down your business may too.  When your computers, machines and other equipment work properly, your business runs smoothly. But when a vital piece of equipment breaks down, you’re stuck while the equipment or wiring is repaired or replaced. During that time, you may have to pay for servicing and lose revenue while your business cannot operate. The costs can be huge. Equipment Breakdown Insurance is a necessity in this technological age. You can cover your equipment repair costs and reimburse yourself for lost income. Coverage typically covers a number of equipment related issues. Some examples are:

  • Payment to fix or replace failed equipment
  • Reimbursement for labor and time costs to fix or replace failed equipment
  • Replace lost business income due to equipment failure that leads to business stoppage
  • Cover costs to minimize losses or to get equipment working and productive faster
  • Reimburse for loss of materials or goods, such as spoiled food due to equipment shut down

Equipment Breakdown Coverage includes many options. Let the experienced professionals at Cobb-Hall Insurance provide solutions designed specifically for your needs.

Includes copyright material used with permission: Trusted Choice/Independent Insurance Agents

Product Liability Insurance

Anyone Can Sue; Let Product Liability Insurance Protect You

We live in a world where anyone can sue for anything, regardless of actual fault or blame.  The cost US Dollar Hundred Bills In Windof product liability insurance is much less than the amount you’d have to spend if your business was involved in a lawsuit. It only has to happen once; a product you sell can cause injury and you will be sued, even if you didn’t manufacture it directly. This could financial disaster for your business.

Business Product Liability Insurance can protect you whether you are the product manufacturer, seller, or distributor. You can even purchase product recall insurance, designed to help cover costs associated with various recalls.

Product Liability protects from manufacturing or production, defects in design, or defective warnings or instructions and covers when someone is injured by a product you produce, resell, distribute, or wholesale. It will also cover court costs associated with a lawsuit pertaining to the product and handle medical costs for injury associated with the use of the product. Let the experienced professionals at

Contact Cobb-Hall Insurance to provide solutions designed specifically for your needs

Excerpts from: Trusted Choice/ Independent Insurance Agents

Pollution Liability

You May Need Pollution Liability Coverage

When many people think of pollution insurance, they picture large factories with billowing Smoking power plantsmokestacks, but many small businesses run the risk of pollution lawsuits. Businesses that use environmentally unsafe chemicals such as a hair salon, dry-cleaning service, garages, junkyards, manufacturers or those in the construction industry all face potential lawsuits.

Pollution insurance is created specifically to manage the costs associated with pollution clean-up and to cover liability claims for pollution-related injuries, illnesses or deaths. As damage awards for these claims can be extremely costly, having pollution insurance can protect your business from severe financial challenges or even bankruptcy.

Policies cover many types of small-scale pollution that cause contamination of soil, groundwater or property and air-borne contaminates like smoke and emissions. Many policies will even cover pollution that occurred in the past before the harmful effects of waste-products was known. Most policies include the following:

    • Legal defense fees  to provide your company with attorneys to defend you in a pollution-related lawsuit
    • Clean-up efforts compensate for costs if your company is required by law to clean up contaminants
  • Operations coverage is for businesses that use chemicals or hazardous materials. The two types are:  Catastrophic-for a sudden pollution-inducing event such as a fire or explosion     Non-catastrophic- which covers if pollution occurs over a long period of time and affects neighboring businesses or residents
  • Property transfer coverage protects property owners if they purchase a parcel of land or a building that was contaminated or otherwise polluted by a previous owner

Contact Cobb-Hall to review your pollution liability exposures and provide you with innovative solutions

Excerpts from: 2017 Trusted Choice, Independent Insurance Agents

Employment Practices Liability Insurance (EPLI)

Protect Yourself from Employment Practice Lawsuits

Employee lawsuits are more than just an inconvenience. They are expensive, distractive for your businessman pointing on one of the conditions of contractmanagement team and can quickly erode productivity and employee morale. Oddly enough, you are more likely to be sued by an employee these days than to have a fire at your facility. The financial damage of employee lawsuits can be dramatic. According to industry experts, unpaid internships, illegal background checks and issues related to pregnancy and health are the top trending employment practices litigation cases.

Employment practices liability insurance, commonly referred to as EPLI insurance, is specifically designed to protect employers from the financial hardships of lawsuits brought on by employees. This protection will easily pay for itself if you are sued even once.

EPLI provides compensation for losses caused by employee lawsuits, including court costs and legal fees.  Here is just a sampling of ways you are protected with an EPLI policy:

  • Wrongful termination: includes suits brought on the basis of termination due to age, race, gender or disability
  • Harassment: includes sexual harassment, violence, bullying and issues based on race, color, age and religion
  • Discrimination: including suits from employees who are turned down for employment or denied promotion
  • Breach of contract: violation of the terms of an employee’s contract
  • Emotional distress: applies if an employee feels that your business is a hostile environment or overly stressful
  • Other violations: including violations of statutes, workers compensation denial, false positives from drug tests, libel and slander, etc.

Contact the experts at Cobb-Hall insurance for solutions specifically designed to fit your needs.

Excerpts from: Trusted Choice Independent Insurance Agents copyright 2017

Cobb-Hall Insurance: Agency of the Year Award

Cobb-Hall Insurance is honored to be named Agency of the Year by National Underwriter Magazine.  Click link to read full article.    Cobb-Hall Insurance Agency of the Year

Cyber Liability

Data Breach Unsecured Warning Sign ConceptCyber Liability – Data Breach Protection

If you run payments or have sensitive client information you need to consider purchasing a cyber liability policy to protect you from the financial hardship of cyber losses

Nearly all businesses are susceptible to a cyber attack. Besides internet dangers, cyber attacks can also include computer hardware problems, communication media errors, backup and operating system errors and fraud. Your general liability policy may not cover cyber risks and include loss of control over sensitive customer data.

Common causes of cyber related losses include:

  • Human error: Unintentional acts such as leaving a laptop that has access to patient medical records at the airport.
  • Intentional: Illegal criminal activity can occur outside the organization by hackers or criminals, or come from inside the organization.

Cyber Risk Liability policies can be tailored to your needs and do not have to be expensive. Look for a policy that covers business interruption and other aspects like notifying customers of data breach and hiring a PR firm to manage your public image. Some of these policies can also assist you before you are cyber-attacked.

Contact the experienced professionals at Cobb-Hall Insurance to provide solutions designed specifically for your needs.

Excerpts from: Trusted Choice/ Independent Insurance Agents

Steps for Handling A Business Loss

What to do in Case of a Business Loss

At the time of a loss, sometimes it is difficult to know what steps to take.  Your insurance contract Emergency exit signsrequires that you report all claims promptly, so be sure to contact them as soon as possible after a loss. Once the insurance company assigns an adjuster, you will be able to deal directly with the adjuster to settle your claim.Your agent is there to help you, so if you have any delay or problem settling your claim, be sure to contact your agent.

Here are some tips to assist you in case of loss.

Property Claim

  • Contact proper authorities. (Fire Department, Police, Etc.)
  • Protect property from further damage.Contact: Utilities (gas, electric),                                      Contractor (board windows, cover hole in roof)
  • If possible, take photos of damage before emergency repairs are made.
  • Call your agent/insurance company to report the loss. An adjuster will be assigned.
  • Discuss the next steps with your adjuster. (what contractor to call, when to schedule repairs, etc.)
  • Be sure to keep a record of costs and retain receipts.

Automobile Claim

  • Contact the police.
  • Stay safe and out of traffic. Warn oncoming traffic if needed.
  • Check if medical assistance is needed. Call an ambulance if necessary.
  • Collect information: vehicles, drivers, address & phone numbers, license & plate numbers, insurance policy numbers, police report number, witness contact information, etc.
  • Call your agent/insurance company to report the loss.
  • If vehicle is not drivable, have it towed to a repair shop.
  • Discuss the next steps with your adjuster. Do not authorize repairs before the adjuster gives authorization.

Liability Claim- In the event of injury or property damage you allegedly cause

  • If injury is involved, provide assistance and call an ambulance and/or the police if necessary.
  • Obtain details: name, address, contact information for those involved, witnesses, description of event, etc.
  • Call your agent/insurance company to report the  incident.
  • Forward all correspondence, including attorney summons and court documents to the insurance company.
  • Refer all claim questions to your adjuster, including from the other party’s attorney.

Workers’ Compensation Claim

  • If injury is involved, provide assistance and call ambulance and/or police if necessary.
  • Obtain details: name, address, contact information of those involved, witnesses, description of event, etc.
  • Complete state-mandated accident reporting form (form 100). Contact your insurance company/agent to obtain this form.
  • Contact your Workers’ Compensation Insurance company or agent to report the incident.
  • Forward all correspondence, including attorney summons & court documents to the insurance company..
  • Follow instructions from your adjuster and refer all claim questions to your insurance adjuster.

Contact the professionals at Cobb-Hall Insurance to provide solutions for your business insurance needs.

Hired and Non-Owned Auto Coverage

If employees use their vehicle for business, it  may leave a huge coverage gap.

If an employee uses their own vehicle at work or runs an errandDriving in summer for their employer,  the company could be held financially responsible in case of an accident. Usually a business auto policy only protects against loss involving company-owned vehicles and an employee’s personal auto policy  excludes business use. This can present a coverage gap. Even if a business rarely uses non-owned autos, it only takes one serious accident to create a significant loss for the business

How Non-Owned Automobile Coverage eliminates coverage gap

If your company has a business auto policy, make sure it includes coverage for hired and non-owned automobiles. Non-owned autos are vehicles owned by others (such as an employee) that are used for business purposes for their employer.

If your business does not own any automobiles, it is possible to purchase coverage for only losses involving use of Hired and Non-owned vehicles. The ‘hired’ portion would cover your business for liability purposes when renting a vehicle for business use. The ‘non-owned’ portion would cover employees using their own auto in the business.

Make sure your limit for Hired and Non-owned coverage is enough to cover large court judgments.  Non-owned coverage will protect both the business and the employee for liability, but this does not cover the damage to the employee’s auto.

Contact Cobb-Hall Insurance for solutions designed specifically for your needs.

Excerpts from:  Insurance Publishing Plus, Inc., 2014