The Personal Experience
When it comes to properly protecting your business and its most valuable assets, nothing can be more important than being counseled personally by a knowledgeable property casualty and business lines insurance professional at Eichberg Associates, Inc.
With 50 years of experience in the industry, we simplify the complex process of selecting the right coverage for your enterprise. We work with top rated carriers to tailor solutions around your needs, ensuring your coverage is current, effective, efficient and void of any exposures or gaps in coverage.
BUSINESS LINES WE OFFER
Professional Liability
WHAT IS PROFESSIONAL LIABILITY INSURANCE? Professional Liability Insurance is an insurance policy that will protect the insured from financial damages in the event they are sued for a perceived or real “negligence” that injures their clients. Premium amounts will depend on the amount of coverage [...]
Product Liability
WHAT IS PRODUCT LIABILITY INSURANCE? Under the Consumer Protection Act, consumers are protected at every stage of the lifecycle of a product. As a result, retailers and wholesalers are often sued separately or brought into an alleged negligence by the consumer. Product Liability Insurance protects [...]
General Liability
WHAT IS GENERAL LIABILITY INSURANCE? General Liability insurance (also known as Commercial General Liability, Business Liability or Owners, Lessors and Tenants insurance) is one of the most basic types of business insurance available. Premiums vary based on specific needs as they relate to the work [...]
Directors and Officers
WHAT IS DIRECTORS AND OFFICERS LIABILITY INSURANCE? It will come as no surprise to learn that the number of business-related lawsuits, as well as the cost of litigation and amount of damages awarded, has increased steadily in recent years, Directors and Officers Liability Insurance (usually [...]
Employment Practice Liability
WHAT IS EMPLOYMENT PRACTICE LIABILITY? Employee Practices Liability Insurance (EPLI) covers employers, including their Directors and Officers, against allegations made by employees, former employees, and potential employees claiming their rights have been violated. Coverage includes all legal defense costs, whether the case is won or [...]
Errors and Omissions
WHAT IS ERRORS AND OMISSIONS INSURANCE? Errors and Omissions Insurance protects individuals and businesses against claims of errors or omissions, negligence or inadequate services provided by you, or your employees, that cause a financial, personal or property loss to a client. Premiums are based on [...]
Intellectual Property Coverage
WHAT IS INTELLECTUAL PROPERTY INSURANCE? Intellectual property insurance helps defend or protect against copyright, trademark, trade secrets or patent infringements. Of the two types of intellectual property coverage, the most popular form is defense coverage, which helps with defense costs and resulting settlements or judgments [...]
Workers’ Compensation
WHAT IS WORKERS' COMPENSATION? Workers' Compensation Insurance (also known as simply "Workers' Comp") is mandated in nearly every state to protect both employees and the employer in the event of a workplace injury. As a business owner, you go to great lengths to provide the [...]
Business Owner Packages
WHAT IS A BUSINESS OWNER'S POLICY? A strategy for keeping your costs low and simplifying your business insurance coverage. Did you know that one disaster can wipe out the profits and assets of your business, as well as destroy your life's work? Don't let the [...]
Commercial Property Coverage
WHAT IS COMMERCIAL PROPERTY INSURANCE? Commercial Property insurance, sometimes called Business Property Insurance, covers the physical assets of your business and protects you from minor and/or major losses due to property damage that occurs as a result of things such as fire, theft, storms and [...]
Earthquake Coverage
EARTHQUAKE COVERAGE Earthquakes occur most frequently in California than any other state in the US, and in fact Southern California experiences as many as 10,000 earthquakes annually. General Liability and coverage from Business Owner Packages may not cover damages from this type of natural disaster. [...]
Umbrella and Excess Liability
WHAT IS UMBRELLA AND EXCESS LIABILITY INSURANCE? Commercial Umbrella and Excess Liability insurance adds another layer of protection and extends coverage over and above other standard business protection you may have, including Employer’s Liability Insurance or General Liability Insurance. Simply put, this extra coverage [...]
Bonds
WHAT IS A SURETY BOND? A Surety Bond protects against malpractice and fraud. Most surety bonds are considered a three-party contract between the principal (business owner or other professional), the obligee (consumer or government entity) and the issuer (the surety). The bond is a financial [...]