Let us take care of you

Everything You Need to Know About the Insurance World

Find articles and answers to the questions you may have!

Pleasant family couple sitting looking at laptop screen. Happy young spouse web surfing, making purchases online or booking flight tickets. Created with Generative AI technology.

Be Always Updated and Informed!

Happy people, laptop and meeting, marketing team at digital agency, creative group and research online. Man, women and diversity, productivity and business with senior leader and branding strategy

Find Answer and Clarify Doubts

Go Deeper into Technical Terms

Newest Articles

September 10, 2024
5 min read

Safety Tips for Dog Owners

Pets become cherished members of our family, but it’s crucial to recognize that they have unique needs and can behave unpredictably at times. Therefore, it’s important to take proper precautions to protect them and also ensure the safety of those around them. Let’s go over some tips to make this happen.

Accident Animal animal liability four-legged friend Furry Member Personal Liability
September 10, 2024
4 min read

Advantages of Living in a Gated Community

From enhanced safety and privacy to a strong sense of belonging, living in a gated community offers a wider range of benefits than traditional neighborhoods do. Discover the numerous advantages that come with this lifestyle, we’ll address common questions and provide insights into the advantages of this experience.

Amenities Community Discounts Lifestyle Privacy Security
September 10, 2024
5 min read

Exploring the Best Motorcycle Routes

You’ve probably come across legendary roads featured in American movies and books that every driver should experience at some point. Here are some reasons why you should include these famous routes on your itinerary for your following trip.

adventure Motorcycle motorcycle insurance popular routes riders road

Trending Questions

Which Dwelling Fire Policy to Choose?

There isn’t a right or wrong choice of coverage, all it has to do is fit your needs. DP1 Insurance provides basic protection of your property from a detailed list of perils, DP3 Insurance offers a broader scope of coverage, except for a few perils, also mentioned in your policy.

What is DP3 Insurance?

DP3 Insurance, also known as Special Dwelling Insurance or Open Peril Insurance, is a protective buffer for your rented, primary owner occupied or seasonal property. It’s specifically designed to keep your home and assets safe with an open peril policy, covering a wide scope of potential risks, with a few exceptions.

What is DP1 Insurance?

DP1 Insurance, also known as Basic Dwelling Insurance or Named Peril Insurance, is a protective buffer for your investment property, designed to keep your home safe from 9 perils. Whether your rental home is occupied by tenants, between leases, or has been empty for a while, it’s a key safety net for your finances.

How Much is Off-road Vehicle Insurance?

The price of Off-road Vehicle Insurance can fluctuate based on multiple factors, including your riding record, vehicle age and type, mileage, your location, and others. While we cannot provide an exact starting price, PSIC offers many options to help you save money by reducing the overall cost of your policy.

 

Insurance Terms

Liability Investigation

Liability Investigation is the process by which insurance companies evaluate and determine liability in cases of damage or injury claims.

 

This process is essential for establishing whether the insured is responsible for an incident and, therefore, whether the insurance policy will cover the associated costs.

 

Key Features:

  • Fact Evaluation: The investigation involves gathering and analyzing facts related to the incident, including witness statements, police reports, accident scene photos, and any other relevant evidence.
  • Policy Analysis: Relevant insurance policies are reviewed to determine what coverage is available and whether any exclusions or limitations apply.
  • Liability Determination: The main goal is to establish who has legal responsibility for the incident. This may involve reviewing local laws, regulations, and judicial precedents.
  • Collaboration with Professionals: Insurance companies often work with private investigators, accident reconstruction experts, and attorneys to gain a more complete understanding of the incident.
  • Documentation: The entire investigation process is carefully documented, which is crucial for any potential litigation or claim resolution.

 

The Liability Investigation is a vital component of the claims management process in the insurance sector. It allows insurance companies to:

  • Make informed decisions about liability claims.
  • Protect themselves against fraud and unjustified claims.
  • Ensure they meet their contractual obligations to policyholders.

 

Additionally, a thorough investigation can help mitigate future risks and improve safety practices within a company.

Weather Insurance

Weather insurance is a type of coverage that protects against financial losses caused by adverse weather conditions. This can include damage to property from storms, hail, wind, and other similar events.

 

Many standard property policies, such as Homeowners and commercial insurance, include coverage for weather-related damage. However, the specific coverage limits and exclusions can vary depending on the policy and the type of weather event.

 

It’s important to review your policy carefully to understand the extent of your coverage.

Water Damage Insurance

Water damage insurance is a type of coverage that protects your property from damage caused by water-related incidents. This can include damage from:

  • Plumbing leaks: Leaky pipes, faucets, or appliances can cause significant damage to your home.
  • Flooding: Floods from natural causes like hurricanes, heavy rainfall, or overflowing rivers can devastate homes.
  • Sewage backups: Malfunctioning sewer systems can lead to sewage backup, causing extensive damage.

 

While water damage insurance is often included in standard homeowners insurance policies, it’s important to review your contract carefully to understand the specific coverage limits and exclusions. Some policies may have limitations on the amount of coverage for water damage or may exclude certain perils, such as floods.

 

To ensure you have adequate protection, you may need to purchase additional coverage, such as a flood insurance policy, to cover potential water damage risks.

Keen to Catch Every Update?

Get monthly news and useful insights by subscribing to our monthly newsletter.

By submitting this form you confirm that you agree to PSIC’s privacy policy.

Privacy Notice at Collection for CA employees

Last updated: June 27, 2023

  1. About this Notice. This privacy notice sets out how The McGraw Group of Affiliated Companies collects and uses personal information about you in compliance with our obligations under the California Consumer Privacy Act of 2018 (CCPA), as amended by the California Privacy Rights Act of 2020 (CPRA). This Notice supplements all other privacy policies we have in place.

We take the privacy of our employees and applicants very seriously. Please read this notice carefully as it contains important information on the personal information that we collect, why we collect it, how long we keep it, and that it is not sold to third parties.

  1. Key Terms. The following key terms are used in this notice:
  • We, us, our. The McGraw Group of Affiliated Companies.
  • Personal information. Any information that identifies, relates to, describes, is reasonably capable of being associated with, or could reasonably be linked with a particular individual.
  • Sensitive personal information. Personal information revealing an individual’s social security number, driver’s license and passport numbers, account numbers and credentials, precise geolocation, racial or ethnic origin, religious beliefs, or union membership, personal information concerning a consumer’s health, sex life, or sexual orientation, contents of a consumer’s mail, email and text messages where the business is not the intended recipient, genetic data, and biometric information.
  • Biometric Information. An individual’s physiological, biological, or behavioral characteristics, including information pertaining to an individual’s deoxyribonucleic acid (DNA), that is used or is intended to be used singly or in combination with each other or with other identifying data, to establish individual identity. Biometric information includes, but is not limited to, imagery of the iris, retina, fingerprint, face, hand, palm, vein patterns, and voice recordings, from which an identifier template, such as a faceprint, a minutiae template, or a voiceprint, can be extracted, and keystroke patterns or rhythms, gait patterns or rhythms, and sleep, health, or exercise data that contain identifying information.

Other terms used but not defined will have the meaning set forth in the CCPA, as amended by the CPRA, Cal. Civ. Code §§ 1798.100—1798.199.100, and accompanying regulations set forth under Cal. Code Regs. tit. 11, § 7000 et seq.

  1. Personal Information We Collect About You. We may collect and use the following categories of personal information about you:

Categories of Personal Information Collected

  • Identifiers: Name, alias, postal address, email address, phone number, account name, social security number, driver’s license number, passport number, or other similar identifiers.
  • Employment-related information such as your job title, salary, benefits information, emergency contact information, references, qualifications, skills and experience.
  • Personal information as defined in Customer Records law: Name, signature, social security number, physical characteristics or description, address, telephone number, passport number, driver’s license or state identification card number, education, professional license number employment history, bank account number, other financial information, medical information, and/or health insurance information.
  • Characteristics of protected classifications under California or federal law such as race, age, sex, familial status, and disability.
  • Audio, electronic, visual, or similar information such as photographs and call recordings
  • Background check information such as your criminal and credit history
  • Inferences are not drawn from any of the information identified above to create a profile reflecting your preferences, characteristics, psychological trends, predispositions, behavior, attitudes, intelligence, abilities, and aptitudes.
  1. How and Why We Use Your Personal Information. We use your personal information for the following purposes:

Purposes for Collecting and Using Your Personal Information

Managing Human Resource Functions:

  • Recruiting, hiring, and onboarding
  • Performing background checks
  • Implementing diversity and inclusion initiatives
  • Training and career development
  • Assessing performance
  • Determining promotions, transfers, salary, awards, and bonuses
  • Managing disciplinary matters
  • Managing payroll and business expenses
  • Administering leave requests
  • Employee communications
  • Administration of benefits
  • Promoting employee health and safety

Conducting business operations:

  • Budgeting
  • Recordkeeping and reporting requirements
  • Managing infrastructure and company assets
  • Strategic planning
  • Maintaining security and risk management
  • Emergency response and business continuity
  • Conducting audits
  • Pursuing or defending legal or administrative claims

Monitoring:

  • Compliance
  • Use of company resources
  • Any other monitoring activities permitted by applicable laws

Compliance with:

  • Legal and regulatory obligations
  • Court or other government directives
  • Internal policies and procedures

Investigating:

  • Reports of wrongdoing
  • Policy violations
  • Internal complaints
  1. Whether Personal Information Will Be Sold or Shared. We do not sell or share the personal information of employees.
  2. How Long Your Personal Information Will Be Kept. We will keep your personal information for as long as is necessary while you are employed by us. Thereafter, we will keep your personal information:
  • To respond to any questions, complaints or claims made by you or on your behalf or;
  • To keep records required by law. In California, this is currently and generally a minimum of four (4) years.

We will not retain your personal information for longer than necessary for the purposes set out in this notice. Different retention periods apply for different types of personal information.

When it is no longer necessary to retain your personal information, we will delete or anonymize it.

  1. If you have any questions or concerns about this notice or the information we collect about you, please contact send an email to privacy@pacificspecialty.com.