Platinum Touch Insurance Services

Platinum Touch Insurance Services


Platinum Touch Insurance Services

Founded in 1999, Platinum Touch Insurance Services is a leader in providing quality protection for hundreds of individuals, families and businesses throughout its state. Providing superior customer service and low rates along with its ability to understand its customer’s coverage needs drives the success of its agency.

By offering world class protection for your Auto, Home, Health, Business, and Life Insurance, it makes sure that you’re covered today as well as in the future so that you can focus on what is important to you and your family. At Platinum Touch Insurance Services, Inc our number 1 job is to assist you in identifying your needs and problems, while putting together a customized plan that’s simple and easy to understand.

Platinum Touch Insurance Services take the mystery out of insurance and help you make sense of it, so you can look forward to a brighter, more secure future. To do this it evaluates your specific needs, find the company that will give you the best value for your dollar, while supplying a superior standard of protection. The companies wit represents offer tested, reliable insurance products and excellent customer service. Platinum Touch Insurance Services make sure that the insurance companies that it represents have an outstanding reputation for fast, fair claims service.

what is insurance options in Platinum Touch Insurance Services Company?

Auto Insurance

Bodily Injury to Others

This coverage will pay on your behalf those injuries sustained by others for which you are legally liable. This coverage does not provide protection for damage to your vehicle.

The coverage amounts are listed as a pair of dollar figures, such as $100,000/300,000. The first figure is the amount of coverage provided per person. The second figure is the amount of coverage provided per accident. Your insurance broker will work with you to determine the best limits suited for your financial needs.

Medical Payments

This coverage pays for your medical expenses incurred as the result of an automobile accident regardless of fault.
If you don’t see your current coverage listed, select the limit that is the closest for comparison purposes.

Property Damage to Others

This coverage protects you from lawsuits resulting from accidents that are your fault and which cause damage to the property of others. Property damage liability is required in all states. The first amount listed in the drop-down list is the minimum amount required in your state.

Please note: Most companies require this coverage amount to be less than the per-person limit for bodily injury liability.

If you don’t see your current coverage listed, select the limit that is the closest for comparison purposes.

Uninsured and Underinsured Motorist Bodily Injury

This pays for your injuries caused by a driver who has no insurance, or has less bodily injury coverage than you have. The amounts are listed as a pair, such as $100,000/$300,000. The first amount is the most any one person may recover in an accident; the second amount is the maximum amount all people may recover in an accident. If you don’t see your current coverage listed, select the limit that is the closest for comparison purposes.

Uninsured and Underinsured Motorist Property Damage

This pays for property damage to your property caused by people who are not insured. If you select Collision for your vehicle, this will pay your Collision Deductible when an uninsured motorist damages your vehicle. If you do not select Collision, this will pay up to $3,500 for damage to your vehicle caused by an uninsured motorist. This coverage is only available if you also select uninsured motorist bodily injury coverage.

Comprehensive Deductible

Comprehensive coverage will pay for repairs to your automobile in the event of damage from causes other than collision, such as fire or theft, regardless of fault. The selection list gives you a choice of deductibles. This amount will be deducted from the amount the insurance company pays you in the event of a covered loss. If you don’t see your current deductible listed, select the deductible that is the closest for comparison purposes.


Collision coverage pays to repair your automobile in the event of collision damage, regardless of fault. Collision covers damage from contact with physical objects such as another vehicle or a wall. The selection list gives you a choice of deductibles. The amount you choose will be deducted from what the insurance company pays you in the event of a covered loss.

Rental Coverage

If you are unable to use your car due to an accident, this coverage will pay all or part of your rental car costs. Coverage amounts vary for different insurance companies. Please consult with your broker for more information.

Towing and Labor

This coverage pays for the cost to tow your vehicle in the event of an accident. Coverage amounts vary for different insurance companies. Please consult with your broker for more information.

Antitheft Devices

These security features could qualify you for credit because you’ve reduced your risk by installing:

alarms and active disabling devices (systems that you need to turn on)
a passive disabling device (automatically kicks in when you remove the key from the ignition)
keyless devices (like a remote door lock on your key chain)
tubular locks (like a bar that locks on your steering wheel).

Steering Wheel Lock: A long metal bar with a lock that fits on the steering wheel and is designed to prevent the steering wheel from being turned. Also acts as a visual deterrent for thieves looking in car windows.

Average Cost: $25 to $100

Benefits: Inexpensive way to keep would-be thieves away. Especially good device to use when layering protection.

Car Alarms: The typical car alarm is equipped with motion sensors, impact sensors and a loud siren or series of tones in the 120-decibel range.

Average Cost: $150 to $1,000

Benefits: The best alarms arm themselves automatically when you leave the vehicle and include an automatic kill switch. The best models also flash the headlights and honk the horn in addition to sounding a siren.

Kill Switches: Kill switches prevent the flow of electricity or fuel to the engine until the switch is activated. Starter disablers are also growing in popularity.

Average Cost: $10 to $125

Benefits: It’s a hidden switch that needs to be flipped on for the car to start. For their effectiveness as a security device, kill switches are for the most part inexpensive and easy to install.

Electronic Tracking Devices: An electronic transmitter hidden in the vehicle which emits a signal that is picked up by the police or a monitoring station.

Average Cost: $400 to $1,500

Benefits: Very effective in helping authorities recover vehicles before they can be stripped or chopped up.

Electronic Keys: Some car manufacturers have pre-installed electronic anti-theft systems that allow the vehicle to operate only with a correctly coded key.

Average Cost: Standard item in some models.

Benefits: Systems are virtually invisible to thieves, easy to use and reliable.

Steering Column Armored Collars: Collars prevent thieves from breaking into the steering column to hot-wire the vehicle. Some are installed permanently and others must be installed manually each time the driver leaves the vehicle.

Average Cost: $100 to $200 installed

Benefits: The collar provides an excellent line of defense for vehicles which can be easily stolen by breaking open the steering wheel column.

Tire Locks: Similar to the circular steel “boots” used by many larger city police departments, tire locks make the car nearly impossible to move. The tire locks are also effective in deterring would-be thieves.

Average Cost: $80 to $200

Benefits: Greatly hampers thieves who are looking to make a quick getaway. Not only is the tire lock a strong visual deterrent, but it also provides a formidable challenge for would-be car thieves.

Window Etching: Etching the vehicle identification number onto the window as well as other parts of the car discourages thieves from taking the vehicle and also aids in recovering the vehicle if it is stolen.

Average Cost: $20 to $100 (Some vehicle theft prevention groups provide etching for free.)

Benefits: Chop shop rings thrive on vehicles that have easily removable VINs or none etched on at all. By etching the VIN on important parts of the vehicle, you make your vehicle less attractive to thieves.

Credit History Factor

Your credit rating may affect what you pay for insurance. Credit makes insurance rates more accurate, fair and objective. While the use of insurance scoring varies from state to state and company to company, it is a fact that drivers with long, stable credit records have fewer accidents than drivers who don’t. Most people have good credit histories, so most people benefit.

Primary Operator  

The person who drives the car most often.

Annual Mileage Driven

Enter the estimated total number of miles you (and other drivers) drive this car annually with no fractions or decimals.

Convicted DUI or DWI in past 7 years

DUI and DWI are convictions you have receive as a result of driving under the influence of any type of alcohol or drugs. Please provide an honest answer to receive and accurate quote. Insurance companies always check a drivers Motor Vehicle Records prior to providing insurance coverage.

Homeowners Insurance

Dwelling Coverage:
This typically provides protection for a covered sudden and accidental direct, physical loss to the dwelling, including attached structures.

Other Structures Protection:
This typically provides protection for a covered sudden and accidental direct, physical loss to a structure that is not physically attached to the dwelling, such as a fence, barn, storage shed, unattached garage, in-ground/concrete pool, or gazebo, to name a few examples.

Personal Property Protection:
This typically provides protection against covered loss to your movable property like a stereo, bicycle, furniture or clothing. Allstate will only provide protection for losses that are named in the policy.

Personal Liability:
This typically provides protection for covered damages an insured person becomes legally obligated to pay because of accidental bodily injury or property damage to a third person.

Loss of Use:
Pays any increase in living expenses required to maintain the households normal standard of living when an insured residence is rendered uninhabitable due to a covered loss until the repairs are completed or the household is relocated to another permanent residence.

Medical Payments:
This typically provides coverage for covered reasonable and necessary medical expenses incurred when a third party sustains bodily injury while on your insured premises, or off these premises under specified circumstances.

All-Peril Deductible:
This is a stated dollar amount that you choose to deduct losses paid on the policy coverages. For example, a $100 deductible applied to a $500 loss would result in reimbursement to you of $400. “All Peril” applies to most risks covered by the policy. Other coverages may apply a separate deductible for certain risks. In some cases, you may have two deductibles – the All-Peril Deductible of your choice and a specific coverage deductible.

Estimated Replacement Value:
For purposes of determining an appropriate Dwelling Protection Coverage Limit, Replacement Cost is: the cost to construct or replace, at one time, an entire building of equal quality and utility. The value of the land is not part of this valuation process.

Estimated Market Value:
This is the approximate current price for which your home could be sold.

Total Square Footage:
You can obtain your total square footage by multiplying your home’s footage length by the footage width. Measurement can be taken from the exterior of the home at ground level. For example, measure one side of your home and then measure across the front of your home. Then multiply the number of feet from the side by the number of feet across the front. If the home has a second story or more, then use the same procedure to add the square footage for each story to the total square footage. The square footage of a basement is not included in the total. This figure is used to help determine the cost of reconstruction for your home.

Construction Type:
The building material type that comprises 2/3 or more of your house

Frame-wood, metal, plastic or aluminum
This is frame construction using wood, metal, plastic or aluminum material.

Brick, stone or masonry
This is construction using solid brick, stone or masonry.

Modular or pre-fab
This includes units of construction which are prefabricated and can be fitted together with a minimum of adjustments. Modular units include complete window walls and wall panels. Units are usually designed in such a way that they will fit functionally into a variety of dwelling sizes and plan types.

Brick Veneer
This is a facing of brick, stone or masonry laid against the frame.

Fire Resistive
This is a building with all exterior walls, floors, roof and interior supports of brick or other non-combustible materials.

This is construction using logs

Business Insurance

What does a business owners policy cover?

Insurance companies selling business insurance offer policies that combine protection from all major property and liability risks in one package. (They also sell coverages separately.) One package purchased by small and mid-sized businesses is the businessowners policy (BOP).
Package policies are created for businesses that generally face the same kind and degree of risk. Larger companies might purchase a commercial package policy or customize their policies to meet the special risks they face.

BOPs include:

1. Property insurance for buildings and contents owned by the company — there are two different forms, standard and special, which provides more comprehensive coverage.

2. Business interruption insurance, which covers the loss of income resulting from a fire or other catastrophe that disrupts the operation of the business. It can also include the extra expense of operating out of a temporary location.

3. Liability protection, which covers your company’s legal responsibility for the harm it may cause to others. This harm is a result of things that you and your employees do or fail to do in your business operations that may cause bodily injury or property damage due to defective products, faulty installations and errors in services provided.

BOPs do NOT cover professional liability, auto insurance, workers compensation or health and disability insurance. You’ll need separate insurance policies to cover professional services, vehicles and your employees.

Do I need professional liability insurance?

Professionals that operate their own businesses need professional liability insurance in addition to an in-home business or businessowners policy. This protects them against financial losses from lawsuits filed against them by their clients.

Professionals are expected to have extensive technical knowledge or training in their particular area of expertise. They are also expected to perform the services for which they were hired, according to the standards of conduct in their profession. If they fail to use the degree of skill expected of them, they can be held responsible in a court of law for any harm they cause to another person or business. When liability is limited to acts of negligence, professional liability insurance may be called “errors and omissions” liability.

Professional liability insurance is a specialty coverage. Professional liability coverage is not provided under homeowners endorsements, in-home business policies or businessowners policies (BOPs).

Do I need a commercial auto insurance policy?

As a businessowner, you need the same kinds of insurance coverages for the car you use in your business as you do for a car used for personal travel — liability, collision and comprehensive, medical payments (known as personal injury protection in some states) and coverage for uninsured motorists. In fact, many business people use the same vehicle for both business and pleasure. If the vehicle is owned by the business, make sure the name of the business appears on the policy as the “principal insured” rather than your name. This will avoid possible confusion in the event that you need to file a claim or a claim is filed against you.

Whether you need to buy a business auto insurance policy will depend on the kind of driving you do. A good insurance agent will ask you many details about how you use vehicles in your business, who will be driving them and whether employees, if you have them, are likely to be driving their own cars for your business.

While the major coverages are the same, a business auto policy differs from a personal auto policy in many technical respects.

If you have a personal umbrella liability policy, there’s generally an exclusion for business-related liability. Make sure you have sufficient auto liability coverage.

Do I need business interruption insurance?

Business interruption insurance can be as vital to your survival as a business as fire insurance. Most people would never consider opening a business without buying insurance to cover damage due to fire and windstorms. But too many small businessowners fail to think about how they would manage if a fire or other disaster damaged their business premises so that they were temporarily unusable. Business interruption coverage is not sold separately. It is added to a property insurance policy or included in a package policy.

A business that has to close down completely while the premises are being repaired may lose out to competitors. A quick resumption of business after a disaster is essential.

1. Business interruption insurance compensates you for lost income if your company has to vacate the premises due to disaster-related damage that is covered under your property insurance policy, such as a fire. Business interruption insurance covers the profits you would have earned, based on your financial records, had the disaster not occurred. The policy also covers operating expenses, like electricity, that continue even though business activities have come to a temporary halt.

2. Make sure the policy limits are sufficient to cover your company for more than a few days. After a major disaster, it can take more time than many people anticipate to get the business back on track. There is generally a 48-hour waiting period before business interruption coverage kicks in.

    3. The price of the policy is related to the risk of a fire or other disaster damaging your premises. All other things being equal, the price would probably be higher for a restaurant than a real estate agency, for example, because of the greater risk of fire. Also, a real estate agency can more easily operate out of another location.

Extra Expense Insurance

Extra expense insurance reimburses your company for a reasonable sum of money that it spends, over and above normal operating expenses, to avoid having to shut down during the restoration period. Usually, extra expenses will be paid if they help to decrease business interruption costs. In some instances, extra expense insurance alone may provide sufficient coverage, without the purchase of business interruption insurance.

How do I insure my home business?

If you’re running a business from your home, you may not have enough insurance to protect your business equipment. A typical homeowners policy provides only $2,500 coverage for business equipment, which is usually not enough to cover all of your business property. You may also need coverage for liability and lost income. Insurance companies differ considerably in the types of business operations they will cover under the various options they offer. So it’s wise to shop around for coverage options as well as price.

Regardless of the type of policy you choose, if you’re a professional working out of your home, you probably need professional liability insurance. Some types of in-home businesses, such as those that make or sell food products or sell home-made personal care products, may have to buy special policies.

To insure your business, you have three basic choices, depending on the nature of your business and the insurance company you buy it from.

They are:

Homeowners Policy Endorsement.

You may be able to add a simple endorsement to your existing homeowners policy to double your standard coverage for business equipment such as computers. For as little as $25 you can raise the policy limits from $2,500 to $5,000. Some insurance companies will allow you to increase your coverage up to $10,000 in increments of $2,500.

You can also buy a homeowners liability endorsement. You need liability coverage in case clients or delivery people get hurt on your premises. They may trip and fall down your front steps, for example, and sue you for failure to keep the steps in a safe condition.

The homeowners liability endorsement is typically available only to businesses that have few business-related visitors, such as writers. But some insurers will provide this kind of endorsement to piano teachers, for example, depending on the number of students. These endorsements are available in most states.

In-Home Business Policy/Program.

An in-home business policy provides more comprehensive coverage for business equipment and liability than a homeowners policy endorsement. These policies, which may also be called in-home business endorsements, vary significantly depending on the insurer.

In addition to protection for your business property, most policies reimburse you for the loss of important papers and records, accounts receivable and off-site business property. Some will pay for the income you lose (business interruption) in the event your home is so badly damaged by a fire or other disaster that it can’t be used for a while. They’ll also pay for the extra expense of operating out of a temporary location.

Some in-home business policies allow a certain number of full-time employees, generally up to three. In-home business policies generally include broader liability insurance for higher amounts of coverage. They may offer protection against lawsuits for injuries caused by the products or services you offer, for example.

In-home business policies are available from homeowners insurance companies and specialty insurers that sell stand-alone in-home business policies. This means that you don’t have to purchase your homeowners insurance from them.

Businessowners Policy (BOP).

Created specifically for small-to-mid-size businesses, this policy is an excellent solution if your home-based business operates in more than one location. A BOP, like the in-home business policy, covers business property and equipment, loss of income, extra expense and liability. However, these coverages are on a much broader scale than the in-home business policy.

A BOP doesn’t include workers compensation, health or disability insurance. If you have employees, you’ll need separate policies for these coverages.

how can i contact Platinum Touch Insurance Services Company?

5101 Santa Monica Blvd. Suite 8
Los Angeles CA 90029

Phone: (323) 661-5359
Fax: (323) 661-8372

Email: [email protected]

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