Darling & Parker Ins. Services, Inc.

Helpful Insurance Tips and Updates: Most Insurance companies are offering refunds, discounts, and or credits on policies to help offset lack of business and use Most Insurance Companies are helping with payments - Example March Ins Premiums should be able to be paid, April and May Payments Insurance companies are willing to take partial payments and work with you If you are able to keep your Insurance Policies in force it will help you in the long run because policies are ...written with renewal and prior coverage discounts. If your insurance is cancelled you will have a lapse in coverage and loose those credits Communication is Key!!! Most insurance companies are willing to help!!! Just make sure to communicate!!! Be careful of what you are posting on your web sites and social media pages because insurance companies are looking at them. Don’t boast about jobs you don’t due - for example employees on tall ladders, crane work, high rises, etc. Hope this information helps you in some way. Always feel free to contact me!!! Hopefully we will all be back to work soon!!! Hang in there and anything I can do to help let me know! Also if you need or know of any one who needs insurance I would really appreciate the referral!!! See more

The first Statement from A Personal Auto Policy Writer has been released. Nationwide: To get relief in the hands of our customers quickly and simply, we are offering a one-time premium refund of $50 per policy for personal auto policies active as of March 31, 2020. Customers don’t need to do anything. Refunds will automatically be credited to the customers’ most recent method of payment (automatic withdrawal, credit card, personal check) within the next 30 days. We are offering this rapid relief at a time when drivers are making the right choice to stay off the road and remain home to help flatten the curve. The refund applies to all personal auto policies including Private Client. The premium refund and timing are subject to individual state Departments of Insurance approval.

For small businesses so they can pay their employees and bills....

My Clients will be receiving the below FFCRA poster that needs to be posted in order to stay OSHA Compliant. If you don’t receive it let me know. If your not a client and need help feel free to contact me.

We now have access to a program to offer a new specialized product to cover restaurants now offering a delivery option to their customers. This program is written by an A.M. Best rated "A" X carrier and can accommodate a wide range of classes that have been affected by COVID-19. PRODUCT HIGHLIGHTS Monoline coverage 3 or 6 month policy In-house authority for quick turnaround ... Non-auditable policy Limit options of $300K, $500K, $1M CSL Deductible $2,500 Offering short term policies starting at $1,500 MVR screening service provided by CRC Symbols 8 & 9 commercial auto liability Contact me today for your package quotes and this option of coverage as your standard general liability policy will not cover you for this exposure. See more

To My Valued Construction Partners, I hope this reaches you all safe and healthy. As you have seen in our communications throughout the week, I remain fully operational to continue to support your business while caring for the health and safety of family. Today’s communication is specific to the CA stay at home order that was issued by Governor Newsom late yesterday and the subsequent response by the AGC as mentioned below. The state COVID update site ( https://covid19.ca.gov.../stay-home-except-for-essential-needs/ ) has been updated listing construction as an essential business during the order. We recognize that each of you will experience varying levels of response during this time, please know that we are here to continue the support of your business as well as answer any questions you may have to the best of our ability. Thank you for your continued business! See more

Doing lots of reading and research. As of right now most policies have virus exclusions and there has to be an actual physical damage loss to the premises to qualify for loss of income/extra expense (example a fire). Please note all policies are different and every insurance company will handle claims accordingly. This is just a brief summary of coverage.

Some helpful Business Links EDD (coronavirus update) https://edd.ca.gov/about_edd/coronavirus-2019.htm ... Small Business Administration (SBA- coronavirus business guidance) https://www.sba.gov//guidance-businesses-employers-plan-re Dept. of Insurance (coronavirus press release) http://www.insurance.ca.gov//01/2020/release025-2020-2.cfm Dept. of Public Health (coronavirus page) https://www.cdph.ca.gov///Pages/Immunization/ncov2019.aspx

Example of a covered loss for loss of income and extra expense: There is a sudden and accidental fire that destroy your building and business. You are forced to shut down while you rebuild. Insurance would cover that loss of income and extra expense because the sudden and accidental fire is a covered loss. Feel free to contact me with any questions or concerns. Our office is fully open and here to help!

Extra Expense and General Liability Claims: Business income and extra expense coverage are typically triggered as a result of direct physical loss or damage to real and/or personal property occurring during the policy term. Two types of business interruption coverages can come into play, direct physical loss or indirect loss. Both coverages become triggered by direct physical loss/damage at an insured’s location. With any claim, policy wording and specific triggers driving lo...sses will determine the applicability of coverage. Although we anticipate that most business income and extra expense coverage will not respond due to the cause of loss, if a business income or extra expense claim is filed, coverage will be determined based on the applicable policy wording. General liability policies cover bodily Injury arising out of the insured’s negligence. A claimant would have to allege the virus was contracted because of the insured’s negligence and be able to localize how, when, and where it was contracted. Establishing this would be a challenging standard to meet. Every claim will be evaluated thoroughly on its own merits based on the facts presented and in conjunction with all policy provisions and the law in the applicable jurisdiction. Things are changing at such a rapid pace but I will work on keeping my clients updated as our agency knows more. I am working from home so feel free to reach out to me with any questions or concerns. I will help on my end as much as possible to help you keep your business going. As always thank you for your continued support and business! See more

Insured employers will be paying more to run the California workers’ comp system next year. The Department of Industrial Relations boosted the fees/assessment rate for the workers’ compensation administration fund. Overall, fees/assessments for all payers are now over $1 billion. It’s roughly $60 million higher than for 2019. The total fee/assessment rate for insured employers will be 3.4% compared to the 2.8% for 2019. In 2017, the rate assessment was just 1.1% of premium. The fees/assessments cover six separate funds that support various aspects of the workers’ comp system.

State Fees For 2020 Workers Comp Have Been Released. That’s a lot of money the state is collecting.

Effective January 2020 New Wage Threshold Increases per attached. Would you rather give your employee a raise instead of paying a higher Workers Compensation Rate? Call me to discuss!!!