Arrowhead General Insurance Agency has launched Quake Assist — a commercial earthquake program designed to help protect California business owners.
Quake Assist is underwritten by Falls Lake National Insurance Co., and is available to producers on the Arrowhead Exchange platform.
Earthquakes can cause businesses to close for a variety of reasons including power/service outages, damage to roads and infrastructure, issues with suppliers and access by customers and employees, and can cause significant financial hardship to owners and employees.
Quake Assist provides business interruption insurance offering financial protection for loss of income and expenses due to an earthquake. The policy includes a coverage that triggers upon “business closure” after an earthquake, even if no damage occurs to the insured’s building and/or business property. Daily limits of insurance are available to cover loss of income and ongoing expenses while the business is closed.
Arrowhead General Insurance Agency, Inc., headquartered in San Diego, is a national insurance program manager for commercial, personal and specialty products. Arrowhead is a subsidiary of Brown & Brown, Inc., an insurance brokerage firm, providing risk management solutions to individuals and businesses.
Falls Lake National Insurance Co., a member of The James River Group (JRVR), is headquartered in Raleigh, North Carolina and writes business on an admitted, and excess & surplus lines basis throughout the U.S.
Topics California Catastrophe Natural Disasters Commercial Lines New Markets Earthquake
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