Lessors Risk

This product is featured on our businessowners coverage form.
Click here to view Businessowners Package  eligible classes.

This product has been designed to attract building owners who rent their property with or without apartments and/or offices to eligible mercantile tenants.

Product Features

Special form is available
Replacement cost is available
Value Plus Endorsement (13 coverage enhancements free of charge if risk is in our "Hit Zone")

Optional Coverage

Loss of Income - 12 month actual loss sustained basis with a stated limit
Money & Securities coverage
Non-owned and Hired Auto coverage
Signs coverage
Equipment Breakdown coverage
Value Plus Endorsement - 16 optional coverages for one low flat charge, including: glass, money and securities and employee dishonesty, electronic data processing coverage and more

Limits Available

Maximum property value of $3,000,000 in protection class 1-8 ($500,000 with cooking)
Maximum property value of $1,000,000 in protection class 9-10 ($200,000 with cooking)
Maximum property value for warehouses is $250,000
Maximum property value in with commercial cooking exposure is $200,000 in protection class 9-10
Liability limits up to $1,000,000/2,000,000

Additional Advantages

A.M. Best rated A++ carrier
Superior policy issuance
Quick turnaround time on submissions
Low minimum premium

 

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Click here to view all eligible classes for the Business Owners Package program