Occurrence Policies Washington DC

Occurrence policies are a type of professional liability insurance. An occurrence policy means that the insurance company must pay for claims arising from occurrences during the period of policy coverage, regardless of when the claim is reported. The claim could be reported years in the future and must be honored. Please read on to learn more about occurrence policies and to find listings for local insurance companies in Washington, DC.

District of Columbia Insurance Federation
(202) 797-0757
P.O. Box 34757
Washington, DC
The McLaughlin Company
(202) 293-5566
1725 DeSales St., NW
Washington, DC
Chubb & Son, Inc.
(202) 822-3200
1920 L Street, NW Suite 700
Washington, DC
Guardian Property & Casualty Company, Inc
(202) 204-8700
Washington, DC
Steffen Insurance Agency Inc., State Farm Insurance
(703) 243-6565
2762 Washington Blvd Suite 1A
Arlington, VA
Davis Planning Associates, Inc
(202) 429-9393
1625 K St., NW
Washington, DC
Alliance Insurance Services Inc
(202) 638-1010
1660 L St., NW #308
Washington, DC
Answer Title & Escrow LLC
(202) 204-0600
10 G St., NE
Washington, DC
Marsh USA Inc.
(202) 263-7600
1255-23rd Street, NW
Washington, DC
E. Keith Edwards Insurance Agency, Inc.
(202) 726-7771
7813 Georgia Avenue, NW
Washington, DC

Occurrence Policies

When choosing liability insurance as your insurance broker to fully explain Occurrence Policies. You may find that an occurrence policy is the best business insurance for you and easiest to work with insurance claims managements during the claim process.

There are two forms of business insurance when it comes to purchasing a liability insurance policy. There is the Claims-Made Insurance and Occurrence policy. The Occurrence Policies may be the type of liability insurance your insurance broker advises for your business insurance. An occurrence policy contract covers you for a specific period of time from date of enforcement to date of expiration. Any claims made during that time or in the future against an occurrence that occurred during the period the liability insurance was in effect are covered through the insurance claims managements of that company. Claims may possibly be made years after the policy has expired but would still be covered under the occurrence policy that was in effect at that time. Your insurance broker may recommend this type of coverage depending on the type of business insurance you require.

Occurrence Policies are not the favorite of most insurance companies because even though a liability insurance policy has expired, the insurance company is unable to close its books on the business insurance because there is always the potential of a future claim. Your insurance broker, however, will be able to explain how having an occurrence policy will protect you in the future for any occurrence you may not even have been aware of.