Frequently Asked Questions About
Commercial General Liability Insurance
How much does small business insurance cost?
Costs can vary widely based on industry and are also determined by zip code and often payroll and/or gross sales. Request a free quote to get an exact number. (read more)
What kind of business insurance do I need?
Most business owners need General Liability Insurance at the very least. If you have any non-owner employees, you will need workers compensation insurance too.
What is a Certificate of Insurance?
A Certificate of Insurance is proof of coverage. It lists the type and amount of liability coverage you have and other policy information when a third party requests it. (read more)
Is business insurance tax deductible?
Yes. you can deduct the cost of commercial insurance premiums. The IRS considers insurance a cost of doing business as long it benefits the business & serves a business purpose.
Jimcor Agencies Reviews
Jimcor Agencies Reviews 2019 (Ratings, Complaints & Coverage). Jimcor is one of the fastest-growing independent managing general agent & insurance wholesale brokerage.
They provide a variety of products that are mostly focused on managing general agent insurance wholesale brokerage. However, even though that scope is relatively narrow, the companies and markets that they serve are definitely not. Currently, the company is access to more than 150 admitted and not admitted markets.
They also have nine offices in the United States that are specifically positioned to provide services throughout the entire country. They make it very easy to write and begin business policies, have really fast turnaround times and have earned a reputation for making sure that their customers are prioritize number one.
They operate independently both as an independent insurance broker (wholesale) plus and underwriting manager and provides a diverse array of comprehensive solutions that serve a massive extension of insurance brokers and agents both in the United States and across the globe. Jimcor Agencies reviews are good online.
Check out Jimcor Agencies reviews for excess and surplus insurance & ratings for general liability, business property and other commercial policies.
Jimcor Agencies History
The company was founded in 1986 by Frank and Ellen Mastowski. Their business model is as an independent MGA and wholesale brokerage that believes in family values above all else. The company started small in the 80s, but his sense grown to serve more than 150 admitted in non-admitted markets between their binding authority and brokerage capabilities.
The company is respected for developing and maintaining relationships with clients as well as for their insurance expertise. They have helped many clients get the insurance they need by understanding the risk and then coming up with creative solutions that get them the insurance that they require.
Part of this is through the application of innovative and cutting-edge technologies as well as other ways of staying ahead of the competition like being available for a quote 24 hours a day seven days a week, transparent accounting and comparative ratings. In comparison with other insurance companies, they have not been around that long, but they have still been able to grow to a point where they can compete with those much larger and much older insurance companies.
Among their strengths are a diverse group of employees that can operate all over the world, carrier relationships that allow them to offer their clients exactly the insurance that the need and quality insurance that provides these businesses protection. Jimcor Agencies reviews are above average.
Jimcor's mission statement reads, "Jimcor's mission is to empower associates to develop creative insurance solutions that add value to our clients. Through teamwork, integrity, professionalism and innovation, we aim to provide state of the art technology, technical knowledge, progressive training and a focus on a positive sales experience."
Jimcor Agencies Services
There are a number of personal and commercial services that they offer. The company's main focus is on providing commercial and personal lines that are not a perfect fit with direct access markets. They work with accounts of every shape and size with all types of coverage lines. They work with small businesses, completely online businesses with their own oasis programs, for MGA they do in-house binding authority coverage, for brokerage they have the commercial lines and their select risk specialty teams as well as a variety of other insurance products.
One of the reasons the client cite for going with Jimcor is the fact that they are committed to using the independent agency system so that agencies that are partnered with them never compete with each other and they are able to provide the services and products to their clients that they need without any undue drama. In addition, they provide expanded geographic reach that allows companies to partner with them to enter new markets and help clients grow. There is also the benefit of access to all of their expertise and industry knowledge which they have acquired over a long period of time.
In addition, there is access to new business classes of insurance including specialized products that you would not build a find anywhere else. Their ability to offer tailored products to their customers that fit their needs perfectly without costing more or not providing enough coverage is one of their major strengths.
Targeted classifications for Jimcor's admitted commercial polices include:
- Air BNB
- Artisan Contractors
- Auto Repair & Service
- Banquet & Catering
- Bars, Restaurants, Taverns
- Beach & Swim Clubs
- Boarding & Rooming Houses
- Car Washes
- Clubs & Non-Profits
- Coastal Property
- Community Associations
- Concessionaires & Vendors
- Condos: Owners & Investors
- Convenience Store/Deli
- Day Care / Child Care
- Emerging Markets:
- Event Cancellation
- Farms & Ranches
- Fitness Centers & Health Clubs
- Food Trucks
- Gas Stations
- Hole In One
- Home Based Businesses
- Home Owners Association
- Lessors Risk
- Mall Santa's, Christmas Tree Lots, Pumpkin Patches, Haunted Houses/Mazes
- Manufacturers & Distributors
- Mobile Home Parks
- Other Coverages:
- Outbreak Extra Expense
- Prize Indemnity
- Property Managers
- Real Estate
- Rental Properties, Including Seasonal
- Retail Stores
- Seasonal Businesses:
- Security & Alarm Installation
- Security Guards
- Shopping Centers
- Social Services
- Special Events
- Specialty Schools
- Tattoo Parlors
- Vacant Buildings & Land
Jimcor Agencies reviews are very good for some of the following coverages for complex risks including those with claims, higher hazards and customized coverage needs:
- Workers Compensation
How To Work With Jimcor Agencies
If you want to get business insurance through Jimcor Agencies, then you will need to contact an insurance broker that works with them They operate independently and always will, so customers are able to find specific agents and brokers in their markets that offer specialized types of insurance without having to worry about competition between agents and brokers.
Currently, they have locations in Montvale, New Jersey; Mount Laurel, New Jersey; Blue Bell, Pennsylvania; Bridgeville, Pennsylvania; Saratoga Springs, New York; Plainview, New York; Hopkinton, Massachusetts in Cumming, Georgia. They also have an additional office further south in Port St. Lucie, Florida and all the contact information for these offices is available on their website.
Jimcor Agencies Ratings Online
Following are some ratings and Jimcor Agencies reviews found online which appear mixed:
- BBB.org - The Better Business Bureau has no review as of yet, but Jimcor as an A+ rating.
- Indeed.com - Indeed rates them 3.9 out of 5 stars.
- Glassdoor.com - Glassdoor.com rates them 3.8 out of 5 stars.
Jimcor Agencies's Contact Information
Address: 60 Craig Rd, Montvale, NJ 07645-1709
Also known as Jimcor Agency.
Bottom Line On Jimcor Agencies
Jimcor Agencies has a great deal of expertise in excess and surplus lines insurance. They are a good choice to find coverage for specialty and hard to place risks.
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