Telephone: +1 603-842-5968 · Email: info@ecgillc.com

ECG’s Insurance Products

We help you select & implement optimal coverage for your business

Our Insurance Products

Your insurance needs are as unique as your business. We understand the importance of evaluating the impact of coverage options and pricing changes to help determine whether carriers are providing the right options for your property, casualty and other specialized coverage. Whether you’re in manufacturing, hospitality, retail, or any other industry, we have the right solutions to help protect your business.

As a business owner, you are exposed to an increased amount of risk. Your people, your products, and your property are all valuable assets that require the right kind of protection. East Coast Global Insurance can help you put that protection in place.

Product Descriptions & Details.

Our expertise in complex insurance matters has set East Coast Global apart. From manufacturing, construction and technology we have spent years developing the skill set to uncover, understand and deliver the most complex coverage packages for our clientele. And as always, backed by ECG’s exceptional customer service. Our most popular products are listed below. Questions or concerns? Call: +1 603-842-5968

Business Owner Policy (BOP)

A business owner policy packages all required coverage a business owner would need. Often, BOPs will include business interruption insurance, property insurance, vehicle coverage, liability insurance, and crime insurance . Based on your company’s specific needs, you can alter what is included in a BOP. Typically, a business owner will save money by choosing a BOP because the bundle of services often costs less than the total cost of all the individual coverages.

Commercial Auto Liability

Commercial Auto Policy protects a company’s vehicles. You can protect vehicles that carry employees, products or equipment. With commercial auto insurance you can insure your work cars, SUVs, vans and trucks from damage and collisions.  If you do not have company vehicles, but employees drive their own cars on company business you should have non-owned auto liability to protect the company in case the employee does not have insurance or has inadequate coverage.  Many times the non-owned can be added to the BOP policy.

General Liability

Every business, even if home-based, needs to have liability insurance. The policy provides both defense and damages if you, your employees or your products or services cause or are alleged to have caused Bodily Injury or Property Damage to a third party. General liability insurance covers a business when negligence or omissions result in bodily injury or property damage on the company premises, when someone is harmed as the result of using a product manufactured or distributed by a company, or when someone is injured at some point in the course of the general operation of a business. General liability insurance is a type of commercial insurance that covers the legal costs associated with accidents, injuries, claims of negligence, bodily injury, property damage, medical expenses, libel, and slander. Because the process itself of being sued is expensive, commercial insurance is important to have for the cost of defending a lawsuit and settlement bonds and judgments during an appeal procedure.

Employee Practices Liability

A type of liability insurance covering wrongful acts arising from the employment process. The most frequent types of claims covered under such policies include: wrongful termination, discrimination, sexual harassment, and retaliation. In addition, the policies cover claims from a variety of other types of inappropriate workplace conduct, including (but not limited to) employment-related: defamation, invasion of privacy, failure to promote, deprivation of a career opportunity, and negligent evaluation. The policies cover directors and officers, management personnel, and employees as insureds. The most common exclusions are for bodily injury (BI), property damage (PD), and intentional/dishonest acts. EPLI policies are written on a claims-made basis. The forms contain “shrinking limits” provisions, meaning that insurer payment of defense costs—which are often a substantial part of a claim—reduce the policy’s limits. This approach contrasts with commercial general liability (CGL) policies, in which defense is covered in addition to policy limits.

Data Breach/Cyber Liability

If the business stores sensitive or non-public information about employees or clients on their computers, servers or in paper files they are responsible for protecting that information. If a breach occurs either electronically or from a paper file a Data Breach policy will provide protection against the loss.

Product Liability Insurance/E&O

When a company produces, distributes, and/or sells a product, it may be responsible for the actual safety of the product. A defect that causes bodily injury, for example, may result in a financial loss that a product liability insurance policy will cover.

Contractor Bonds

A Contractor Bond is a bond purchased by a contractor in order to financially secure the construction that he or she is performing for a client. A bond prevents the client of a contractor from being financially responsible for any expenses incurred resulting from problems with the construction.

Inland Marine

Inland Marine Insurance provides coverage for goods that are mobile in nature. Coverage any/all goods, whether owned or not, traveling over land or sea. Some property liability packages limit coverage to a certain number of feet surrounding your business, Inland Marine is often needed cover all risk/loss scenarios.

Professional Liability

This type of insurance is also known as Errors and Omissions Insurance. The policy provides defense and damages for failure to or improperly rendering professional services. Your general liability policy does not provide this protection, so it is important to understand the difference. Professional liability insurance is applicable for any professional firm including lawyers, accountants, consultants, notaries, real estate agents, insurance agents, hair salons and technology providers to name a few.

Commercial Property

Commercial Property Insurance covers anything related to the loss or damage of a business’ property. Depending on your policy, “property” can encompass your office building, your products, your equipment, lost income, and the interruption of your company’s normal operations. There are two forms of commercial property insurance—all-risk policies and peril-specific policies. All-risk policies cover a broad range of perils, while peril-specific policies cover specific incidents like fire, flood, or crime. Peril-specific policies are also utilized by businesses that deal with a specific risk in the operation of their business. Most small businesses are effectively covered by an all-risk policy.

Workers Compensation

Workers Compensation coverage provides insurance to employees who are injured on the job. This type of insurance provides wage replacement and medical benefits to those who are injured while working. In exchange for these benefits, the employee gives up his rights to sue his employer for the incident. As a business owner, it is very important to have worker’s compensation insurance because it protects yourself and your company from legal complications. State laws will vary, but all require you to have workers compensation if you have W2 employees and there are penalties for non-compliance.

Directors & Officers

This type of insurance protects the directors and officers of a company against their actions that affect the profitability or operations of the company. If a director or officer of your company, as a direct result of their actions on the job, finds him or herself in a legal situation, this type of insurance can cover costs or damages lost as a result of a lawsuit.

Custom Tailored Coverage.

East Coast Global Insurance leverages the longstanding relationships we share with the World’s Leading Insurance Carriers to provide you and your organization with customized coverage and support.

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From risk management advice to claims monitoring, East Coast Global works diligently to ensure you spend your time doing what you do best; managing your business.

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