Customized Commercial Insurance: No Under Coverage, No Overpricing.
I’m Rick Callaway. I have been a commercial insurance broker for almost 30 years. I am one of the principals at Pacific Diversified. Pacific Diversified has been in commercial insurance services since 1906. Our team is headquartered in California, we are proud partners of local businesses. We are known as the “extra-milers”: No under coverage. No over-pricing. Always in the best interest of our clients, with customized commercial insurance protection.
What we insure:
We insure commercial real estate such as office buildings, apartments, multi-family dwellings, senior living facilities, nursing homes, homeowner associations, warehouses, and restaurants. Types of Insurance include Cyber liability, General Liability, Property, Workers Compensation, Equipment breakdown, Income protection, Professional E&O, D&O, etc.
We Serve YOU.
Do you know the difference between a “broker” and an “agent”? An agent represents only one insurance company, that’s why they are called “CAPTIVE” agents. We are brokers, we can access many insurance companies to get you the best value. We serve YOU.
Quoting a policy is one thing. Understanding your business is another. My team and I have been giving business owners complete peace of mind by taking care of ALL their insurance needs.
No under coverage. No over-pricing.
Here are what our happy customers said about us:
- “Rick’s team saves my HOA over 30% of insurance cost for the year.” – Tony
- “Reliable. Fair. Straightforward. Rick has a great sense of humor too!” – Susan.
- “Rick is more a business adviser than a vendor. I know we won’t be oversold or overpriced.” Jay.
We are the extra milers:
From startup to board level at various organizations, I have 30 years of business experience. I know what business owners go through and the last thing on their minds is insurance. My team and I give them the peace of mind by taking insurance off their full plates. We are their trusted advisors.
Many brokers just look at existing policies and provide a quote, without investigating the potential risks in a hands-on fashion. I look into balance sheets with the owner, and physically check the properties myself, while keeping your information confidential. Next I strategize with the owner to protect assets such as buildings, income and equipment, always at the best possible premium without under insuring.
We go the extra mile to resolve claims quickly to minimize downtime and avoid lost revenue. We work with the claims adjuster and the insurance company as your advocate, to get your business back in operation. We help injured workers, step by step, from hospital visits to paperwork, so they can get back to work ASAP.
We are different.
We do not quote unless we first have a complete understanding of your business. We give you decades of insight, wisdom, and business expertise.We customize your insurance coverage.
The amount of premium you pay for a tailor-made policy reflects many factors, such as the market conditions, locations, ages of properties, business specialties, history of accidents, etc. We bridge the communication to insurance underwriters for them to understand your circumstances. We present your business in the best possible light.
We customize your insurance coverage.
For example, a building owner was refinancing a $20 million property. The bank was asking for much higher insurance coverage than currently in place. I stepped in and persuaded the bank with my own financial analysis, showing that their existing coverage was adequate. The bank dropped their requirement. I saved the client $16,000 in additional premium.
Cyber liability insurance: A business was selling products over the internet. Some purchases were not authorized by the card holders, although approved by a 3rd party processing company Fortunately, because we protected the business with cyber liability insurance, their losses were covered.
A senior living facility had 7 locations, insured by 7 brokers with 7 policies. By analyzing the business and the policies, we combined all into one policy, saving $15,000/year.
We look out for you.
More than insurance experts, we are your long term business partners, trusted advisors and friends, protecting business assets, employees and employers. Almost 40 years ago, my father taught my brother and I the importance of taking GREAT care of our clients. If you are looking for a true expert who cares about your success in the long term, then let’s talk:
Call: (925) 788-5558,
Visit our website www.HOSPROP.com. Thank you!