{"id":180,"date":"2025-03-28T04:00:00","date_gmt":"2025-03-28T10:00:00","guid":{"rendered":"https:\/\/www.nestinsuranceagency.com\/blog\/?p=180"},"modified":"2025-03-17T20:23:46","modified_gmt":"2025-03-18T02:23:46","slug":"claims-made-versus-occurrence-policies","status":"publish","type":"post","link":"https:\/\/www.nestinsuranceagency.com\/blog\/claims-made-versus-occurrence-policies\/","title":{"rendered":"Claims-Made Versus Occurrence Policies"},"content":{"rendered":"<p>One key responsibility of business owners is protecting their businesses and employees with commercial insurance. There are several types of commercial insurance, and you may have questions about them. If your business is in the Amarillo, TX, area, our team at Nest Insurance Agency invites you to visit us and let us answer those questions for you. We&#8217;ve been providing service for businesses in your area since 2017.<\/p>\n<h2>Understanding Claims-Made Versus Occurrence Policies<\/h2>\n<p>When researching insurance options, it&#8217;s common to encounter unfamiliar terms, like &quot;claims-made policies&quot; and &quot;occurrence policies.&quot; According to the Texas Department of Insurance, an Occurrence Policy pays for claims made from incidents that occur while the policy is in force. Payment may occur whether the claim is submitted during the policy&#8217;s expiration date or after the policy is discontinued.<\/p>\n<p>The same source reports that a claims-made policy covers injuries or damage incurred and submitted during the policy&#8217;s term. Clients who submit claims outside that period may be eligible for coverage under special circumstances. These special circumstances include claims made for injuries incurred before the policy started (but submitted during the policy&#8217;s term). Clients may also be eligible for coverage for injuries incurred during the policy term but whose claim submission was inadvertently delayed.<\/p>\n<h2>Contact Us Today for Your Insurance Needs<\/h2>\n<p>We aim to provide you with the insurance options you need to keep your investment safe. Commercial clients in the Amarillo, TX area will find us knowledgeable and ready to share our insurance resources. Every member of our team at Nest Insurance Agency is dedicated to excellent client service and support. Call us for an appointment today, and let&#8217;s discuss your insurance concerns.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>One key responsibility of business owners is protecting their businesses and employees with commercial insurance. There are several types of commercial insurance, and you may have questions about them. If your business is in the Amarillo, TX, area, our team at Nest Insurance Agency invites you to visit us and let us answer those questions [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[5,14,12,6,13],"class_list":["post-180","post","type-post","status-publish","format-standard","hentry","category-insurance","tag-amarillo-tx","tag-claims-made","tag-commercial-insurance","tag-nest-insurance-agency","tag-occurence"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.8 - aioseo.com -->\n\t<meta name=\"robots\" content=\"max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n\t<meta name=\"author\" content=\"admin\"\/>\n\t<link rel=\"canonical\" href=\"https:\/\/www.nestinsuranceagency.com\/blog\/claims-made-versus-occurrence-policies\/\" \/>\n\t<meta name=\"generator\" content=\"All in One SEO 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