Insurance is not a one-size-fits-all industry. Some industries require more specialized coverage, which is why Optimal Insurance Solutions offers a wide range of competitive niche market insurance options.

 

Each Special Market is designed to meet the unique risks of the specific industry while offering custom enhancements, limits and coverages.  We have access to most of the Top Rated Carriers to offer competitively priced options.

 

Restaurant Insurance

 

Optimal Insurance Solutions represents many top rated carriers specializing in restaurant insurance coverage. We insure any type of restaurant from fine dining, taverns, pubs, to hot dog stands. Being members of a variety of associations, such as the Illinois Restaurant and Illinois Beverage Association, we understand the ever changing insurance needs of the restaurant industry. Running any business comes with risks, adding the preparation and serving of food increases these risks. Common insurance needs include:

 

• Commercial Property Insurance: Commercial Property Insurance protects your company’s physical assets against loss incurred by damage to your building and it’s content by a covered cause.

• Business Owners Policy (BOP): This can cover anything from property to loss of revenue.

• General Liability Insurance: Adequate General Liability insurance, also referred to as Business Liability Insurance, is the only way to effectively protects your business from damages involving bodily harm or property damage for which your company is found legally liable. Typically, this coverage extends to include other physical injury, personal injury (libel or slander), advertising injury and property damage caused by your products, premises or operations.  Some General Liability Insurance plan also additional coverage, such as if you are held accountable for damage to your landlord’s property. General Liability Insurance safeguards against liability, which enables you to continue normal operations while dealing with real, or fraudulent claims of wrongdoing.

• Workers Compensation: Workers’ compensation insurance benefits are available to employees who are injured or become ill as a result of a work-related incident. If one of your employees is injured on the job and is medically authorized to take time off from work, he or she will be reimbursed for lost wages and all of the medical expenses related to the treatment and rehabilitation.

• Commercial Auto Insurance: Commercial Auto Insurance protects your business from the potential loss which could arise from several factors involving your company owned fleet. Auto accidents, repair costs, medical and hospital costs, lawsuits, court judgments – just to name a few.

o Hired/Non-Owned Auto: Hired Non-Owned Auto Liability Insurance protects your business in the event an employee is using a personal vehicle for company business or to run errands on behalf of the company, such as driving to the post office or bank. More commonly, businesses which offer delivery service, such as pizza restaurants often have employees using their own vehicles to make such deliveries.

• Liquor: Liquor Liability offers coverage for the liability involved the sales of alcoholic beverages, or the serving of alcoholic beverages, to persons who have incurred bodily injury or property damage arising from an intoxicated person.

• EPL-Employee Practices Liability: Business decisions like hiring, firing, compensation, promotions and work environment are made every day.  All of these decisions impact your employees – meaning some could result in a claim related to wrongful employment practices. A wrongful employment practices claim, even if false, can disrupt business, hurt morale, damage your reputation and potentially lead to financial damages. Employment Practices Liability Insurance provides businesses protection from these risks.

• Product Liability Insurance: Product liability insurance covers you if your food products were to make someone ill. For example, you sell your signature BBQ sauce in bottles at the front counter and a customer became ill from consuming your BBQ sauce.

• Inventory Insurance: Inventory insurance protects you against loss such as food spoilage. For example, let's say you lose electricity to your restaurant and your refrigerated products spoil overnight.

 

Custom Franchise Insurance Program Development

 

If you have recently become a franchise, or are not satisfied with your current franchise program, our team of insurance professionals will work with you to build a custom insurance program that meets your needs.

 

Since Independent Agents work with a variety of Insurance Carriers they are able to build a wide network of relationships through regular interactions, being on advisory boards, and in some cases being elected to the board of directors. These relationships give Independent Agents the reputation and influence to build custom Insurance Programs for larger lines, such as Food Delivery and Franchises.

 

Pizza Delivery Insurance

 

Optimal Insurance Solutions is committed to providing the Pizza Industry the right insurance to protect the bottom line. We will analyze your insurance needs, review any franchise requirements, assess your current coverage and design a program using top rated carriers.

 

At Optimal, our resources include:

 

• Partnerships with national carriers, allowing us to compare coverage options and find the right coverage for your business at a competitive rate.

• National Programs with deviated premium rates for our franchisees

• A highly experienced Licensed Insurance Professional dedicated to your business; prepared to answer questions about coverage, billing, COI, claims and more.

 

Plus, we've partnered with carriers to bring you programs specifically designed to meet the demands of Franchised Operations offering Food Delivery Services.

 

Program Specifications:

 

• Hired and Non Owned Auto Coverage for Pizza Delivery: $1,500,000 per occurrence

• Owned Auto for Pizza Delivery with $1,500,000 limit

• General Liability with $2,000,000 per occurrence, $4,000,000 aggregate

• Workers Compensation with $500,000 limit

• Umbrella limits up-to $5,000,000

• EPLI with many limit options, wage and hour sublimit

• Keyman Life options

 

Landscapers Insurance

 

Optimal Insurance has extensive experience with Landscapers insurance coverage. We represent top-rated carriers that offer policies and endorsements that are unique to the landscaping and lawn care business. We have the knowledge of this line of business to properly rate, class and know the importance of specifically scheduling tools and equipment in case of loss.

 

As a Landscaper, your tools are your business. They are the means by which you complete your craft, without them it would be impossible to deliver services. While some of the tools are easily replaced, others are expensive and need to be pre-ordered. Having a tool damaged or stolen can translate into a loss of revenue, not to mention the cost of having the tool repaired or replaced. Property Insurance covers the tools, equipment and other property that are at your company site, or being stored in an appointed location, but what about when you are at a client’s home, or in transit to a jobsite? Not all insurance covers these scenarios and it is important to review your policy or you could end up in dire straits.

 

Inland Marine Insurance is an important component to any Landscaper’s policy. It is similar to property insurance in that it protects your equipment and tools, but it extends to property in transit. Originally developed, and named, as an extension to Ocean Marine Insurance which covered cargo being shipped by sea, Inland Marine Insurance was meant to cover cargo which was being transported overland. The property being insured has since expanded to generally include property in transit, or which is often moved to different locations. It is easy to see how this type of insurance is beneficial to any landscaping company as it provides coverage for property, even at a client’s home.

 

Another insurance which may be overlooked is Commercial Auto Insurance. While you have personal Auto Insurance it may be necessary to expand this coverage into your business. Depending on your auto insurance policy you may not be covered if the vehicle is being used for commercial purposes, such as transporting workers or equipment to a jobsite. Investing in Commercial Auto Insurance could be a necessary step to protecting yourself and your business if an accident should occur while you are on the job.

 

Landscaper’s General Liability Insurance protects your business from property damage and personal injury lawsuits, as well as reputational injuries. Property damage could be anything from a tree branch breaking a window, to flooding caused by poor drainage, to dead plants – all of which could be very costly if you are held liable. Likewise, there are a wide range of scenarios which could lead to a personal injury lawsuit, such as a 3rd party tripping over a hose, or slipping on wet grass. Reputational Injuries are accusations of property damage or personal injury designed to harm the reputation of your company. This can lead to loss of revenue and clients. General Liability Insurance may cover you for this loss and potentially pay the expenses in a lawsuit. Likewise Completed Operations Insurance protects you from liabilities arising after a project is complete.

 

Similarly, employees may be injured while preforming their job and hold your company accountable for their treatment, medical bills, and loss of wages. Landscaping is a physically demanding job and involves no small amount of risk. Having Workman’s Compensation Insurance may offer your company financial protections if an employee sustains injury at work.

 

If you find that your company is doing more business than is covered by your General Liability Insurance, it may be wise to take out an Umbrella Policy. Some clients may even request that your company provides this on more expensive projects. This type of insurance expands beyond the payout of typical General Liability Insurance, providing and additional $1,000,000 in coverage. Meaning if an accident causes $1.2 million dollars in property damage, but your general Liability Insurance only covers $800,000, the Umbrella Policy would cover the remaining $400,000.

 

It is important to review your company’s insurance to ensure it is growing and adapting to your business. Depending on what insurance your company has, there may be holes in its coverage. Insurance is complicated. Talking to a knowledgeable Insurance Agent with Landscaping Insurance experience is a good idea, and could save you a lot of expense, headache and prevent a loss of revenue.

 

Contractors Insurance

 

 Our experience provides the understanding of what bonding is needed, the knowledge of proper certifications, and contract review for insurance purposes.

 

Optimal Insurance Solutions represents top-rated carriers that offer policies and endorsements that are unique to the contracting business.

 

We offer a wide range of coverages which can be customized to your needs. Common areas of coverage include:

 

• General Liability Coverage

• Auto

• Crime

• Worker’s Compensation Coverage

• Errors and Ommissions

• Inland Marine

• Coverage for on-site materials

• EPLI

 

With Optimal Insurance Solutions we aim to be more than the average agent. Gain insights on creating safety manuals, indirect costs & profitability worksheets, worker's compensation cost containment strategies, understand indemnity agreements and much more.

 

Video Gaming Insurance

 

If you have slot machines at your business, you need video gaming insurance. In October 2012, the State of Illinois began allowing video gaming machines at licensed taverns, restaurants and fraternal organizations.

 

Why do you need Video Gaming insurance? Video Gaming represents increased exposure and current property limits may not be adequate. Concklin Insurance represents top rated carriers that provide comprehensive coverages for restaurants, bars or taverns licensed for video gaming.

 

Optimal Insurance offers:

 

• Multiple top- rated carriers for a customized cost effective quote

• Extensive experience in restaurant and hospitality industry

• Loss mitigation programs to help business reduce claims

 

 Lines of Business:

 

• General Liability Coverage

• Property Coverage

• Worker’s Compensation

• Liquor Liability

• Video Gaming Endorsements

• Hired/Non-Owned Auto

• Umbrella

 

Specialized Commercial Trucking

 

We offer protection for you and your commercial trucking and transportation needs including auto liability, non-trucking liability (bobtail), general liability, motor truck cargo, and physical damage trailer interchange.

We are an independent agency with the customer in mind. We have relationships with dozens of insurance companies, allowing you to get the right price with the right service. We help you find the right coverage, with the best company; all at the absolute best price for you

 

Auto Dealers Coverage

 

Auto dealers know the obvious risks. The value of your business sits vulnerable, on display in showrooms and open lots, all day and all night.

 

But does your auto dealers insurance policy consider the liability inherent in doing business, as well as the exposure that comes from hundreds of people visiting your lot each month?

 

Don't worry, we can help.

 

Since every business is unique, we consider all aspects of your company to create a comprehensive business policy. You can trust us to make sure you have the insurance coverage your business needs.

 

What does the policy cover?

 

A comprehensive auto dealers insurance policy can include coverage, such as:

 

• Property damage and bodily injury

• Garage keepers

• Garage-owned autos

• Hired autos

• Non-owned autos

• Temporary substitute autos

• Newly acquired autos

Optional coverage

 

We also offer your business more complete coverage at great rates, including:

 

• Defective Product and Faulty Work Coverage

• Customer Autos Actual Loss Sustained

 

Track Insurance

 

We offer track and Paddock coverage for vintage race cars, nostalgia dragsters, pro-street, vintage motorcycles, and modern, high-quality racing vehicles