So you THINK you know Liability
This coverage combines property and liability within commercial insurance.
What is a Businessowners Policy
Contractors Equipment Floater, Installation Floater and Builders Risk are common examples of this Coverage Form.
What is Inland Marine
This type of bond is commonly used within the construction industry and accompanies a quote to perform work on a project.
What is a Bid Bond
INSURICA has three Core Values that it operates on. _____, _____, and Purpose.
What is Integrity and Innovation
INSURICA EXPRESS was rebranded to "INSURICA Direct" in what year?
What is 2024
Property located in the open within 100 ft of the building or inside the structure described in the declarations page is commonly known as this.
What is Business Personal Property
This section in the Business Auto Coverage form pays certain types of expenses, in addition to the policy limits from the insured's defense of any claim or suit.
What is Supplementary Payments
A _____ is a promise that the financial obligations will be met if one party defaults.
What is a Surety
INSURICA has _____ branches across the country servicing clients in all 50 states.
What is 33
This division within Digital was created to function as a "Guide" between new potential customers and Insurance Carriers/Producers.
What is INSURIConnect
A rating factor commonly used within Workers Compensation in which the individual insured is rated separately based on past premiums and losses.
What is an Experience Modification Rating
Within Commercial Auto Liability, there are ___ symbols listed in the coverage form that describe what type of auto's shall be covered under the policy.
What is 10
Typically acquired post project completion, this bond covers defects in workmanship or materials for a specified period.
What is Maintenance Bond
The INSURICA Logo displays this many colors with each color representing a business practice.
What is 14
BrokerSource specializes in this type of commercial insurance
What is Employee Benefits
Sometimes referenced as an Organizational Liability Policy, this coverage form provides protection when corporate management duties are breached or allegedly breached.
What is Directors and Officers Liability
This Liability concept was originally designed as more of a marketing or sales device within the Insurance industry than a specific coverage form
What is Commercial Umbrella
This Party is the beneficiary of the bond and to whom the principal's obligations are owed.
What is Obligee
What proprietary 4-step process within INSURICA is used to help customers take control of their risk management and insurance.
what is RM4U
When a current INSURICA DIRECT customer has issues or problems, they are normally directed to this team within the EXPRESS office.
What is the Servicing Team
What "definition" within the ISO CGL Coverage form clearly states that electronic data is NOT tangible property thus potentially leading to a Cyber Liability policy.
What is "Property Damage"
When a Person or Organization adds in any way to his/her own injury and is barred from recovery, this is known as _____ _____
What is Contributory Negligence
Commonly used in civil cases, these sureties provide a form of protection against court losses
What is a Court Surety
In 1995, INSURICA renamed to ______ after its acquisition of a Norman Agency.
What is North American Group
INSURICA EXPRESS was launched in _____ as a digital agency focusing on small commercial property & casualty insurance.
What is 2015