Our Mission Statement
Granite is an industry leader in designing and implementing innovative insurance solutions that compliment our clients’ vision of the future.
Granite Insurance Brokers provides a complete menu of Business Insurance and Employee Benefit Solutions with hundreds of top rated Insurance Companies. Let us help you put the pieces of the puzzle together by selecting the right solution for your particular business. At Granite Insurance Brokers we represent our insurance carriers but we support and work hard for our clients.
Below is a partial list of insurance coverage we offer along with a summary definition of the coverage.
Liability insurance protects the assets of a business when it is sued for something it is liable for by causing an injury or property damage. Covered general liability claims can include bodily injury, property damage, personal injury, and advertising injury (damage from slander or false advertising). The insurance company can cover compensatory and general damages as well. Punitive damages aren't covered because they're considered to be punishment for intentional acts. Transferring risk is what it's all about. For many businesses, this is one of the largest exposures. General Liability insurance comes in many different "shapes and sizes", we can tailor a program specific to your needs and risk tolerance. Price, coverage and your company's specific requirements help us develop an attractive insurance program designed just for your needs.
A California State mandated form of insurance covering workers injured in job-related accidents. It's right up there with payroll and taxes. Finding the best price is only half the battle. In addition, we help you keep those costs down by providing Claims Administrations, Experience Modification Analysis and Safety/Loss Control assistance. We have access to just about every insurance carrier nationwide including our own exclusive programs.
Umbrella / Excess Liability Insurance
Umbrella, or excess liability insurance, provides additional liability coverage (above general liability limits) for specific risks once a policy's coverage limit has been exhausted. It also provides additional liability for certain risks that would not be covered by the primary insurance policy.
There are various forms of environmental insurance from cleaning up a site or future pollution liability of a site (Pollution Legal Liability) to construction projects which cover environmental conditions that occur during and as a result of the construction project work. This second insurance program is controlled by the contractor (Contractor Pollution Legal Liability Coverage). These policies are generally more aggressive in
Property and Equipment Insurance
Property insurance covers items like your buildings, leasehold improvements, signage, equipment and personal property. It can include coverage for employee theft, forgery and/or dishonesty. There may also be coverage for contract penalties assessed against you if you cannot complete the work because the property being installed was damaged by a covered loss. Equipment breakdown insurance covers repair and replacement costs of the insured equipment - items like computers, air-conditioners, water heaters and electrical systems.
Commercial Auto Insurance
This is important insurance to get right the first time. We help select the options that apply to your business risks. This insurance covers your business autos and employees while they use their personal autos on company business. There are other coverage enhancements that may be needed as well for permanently installed electronic equipment, rental autos, lease gap coverage and more...
Professional Liability Insurance
We can ease your executive protection worries by covering you with a tailored program of professional liability insurance. Coverage in risk areas like - employment practices liability, errors & omissions, Directors & Officers liability, crime / financial fidelity, fiduciary liability and Internet liability.
Directors and Officers Liability Insurance
Directors and Officers Liability Insurance is insurance payable to the directors and officers of a company or to the corporation itself, to cover damages or defense costs in the event they are sued for wrongful acts while they are (were) with that company.
Fidelity and Fiduciary Insurance A fidelity bond provides coverage for dishonest and/or fraudulent acts of employees that could arise in the course of handling money or securities of others. A fidelity bond may also be referred to as an employee dishonesty bond. One variation of the fidelity bond is the ERISA fidelity bond which provides coverage for dishonest and/or fraudulent acts of trustees. Fiduciary liability insurance (also referred to as ERISA liability insurance) provides coverage for breaches of fiduciary duty by ERISA plan fiduciaries. Unlike the fidelity bond, fiduciary liability insurance offers plan fiduciaries protection of personal assets.
Group Benefits including Group Health
Second to payroll, employee benefit costs are often the highest expense item in a company's financial statement. We recognize that all companies' benefit needs are not the same. We provide each client with a personalized Market Analysis based on their unique circumstances. We become an extension of your Human Resources Department by providing new employee enrollment, eligibility, COBRA administration, and claims resolution. Benefits represent a large percentage of an employee's total cost. Worker's Compensation, State Disability, Social Security, Unemployment, Sick Leave and Vacation time are all benefits provided by you, the employer. This employer "value" is recognized and highlighted by Granite Insurance Services providing each of your employees with a personalized illustration not only the cost of their traditional benefits (health, dental, vision, etc) but also the cost of all the other valuable benefits.
Our experienced team can help in you in your company's risk management - identification, assessment, avoidance, reduction and acceptance. We align coverage with exposures, identify coverage gaps, offer insurance and non- insurance risk control options and quantitatively determine costs of risk.