Business Interruption Insurance in CA: A Quick Overview

Michael Modaberpour20 Jan, 2022Finance

Business interruptions can occur unexpectedly due to factors such as cyberattacks, natural disasters, or terrorist acts. Any time you shut down your business for whatever reason, you risk losing income during the period that your business remains closed. This is where business interruption insurance in CA comes into play.

Builders' Risk Insurance

Michael Modaberpour22 Nov, 2021Finance

Builder?s risk insurance is a special type of property insurance that covers buildings under construction. This policy protects the insured against damage or loss of materials, supplies, equipment in transit or on-site during renovation or construction.

CCIP Insurance Policy

Michael Modaberpour22 Nov, 2021Finance

CIP/Wrap-Up insurance is a consolidated insurance program that provides blanket coverage to all enlisted contractors and subcontractors working on a particular project. A CCIP is a contractor-sponsored CIP. As the sponsor, the contractor is responsible for paying the insurance premium and administering the program elements.

OCIP Policy

Michael Modaberpour22 Nov, 2021Finance

Wrap-Ups aren?t just reserved for costly and large projects. The potential gains for all parties involved make OCIPs and the effort you put into crafting them, well worth it. With our customized OCIPs at Modab Insurance Services, you?ll have better cost and claim control, as well as enhanced and uniform coverage.

WRAP-UP INSURANCE PROGRAMS

Michael Modaberpour22 Nov, 2021Finance

WRAP Insurance Policy is an all-inclusive liability plan that protects all contractors and subcontractors working on projects with a budget of over $10 million. The policies designed by our agents ensure that everyone on the job site is covered in a single plan that makes it more cost-effective.

Insurance Agency in Thousand Oaks, CA

Michael Modaberpour22 Nov, 2021Finance

Modab Insurance Agency Inc has made its mark in the insurance sector in the short time that it has been founded. Our superior work ethics and belief in always putting our clients first have helped us in building a relationship based on trust and confidence with them. The sectors in which we offer our services are Auto, Commercial, Farm, Financial, Home, and Powersports. If you wish to have a plan best suited to your budget and personal requirements, then stop by our office at 2060-D Avenida De Los Arboles, Suite 345. Thousand Oaks, CA 91362. Your safety is our priority.

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