P&C Coverages
By providing your clients with a broad, all-encompassing insurance program, you may be able to retain your business insurance clients more easily.
Want to get started with P&C? As the construction industry expert, we can help you get up and running. Find out Why it pays to sell P&C coverage and contact to our Business Development Specialist, Jeff Grigsby at Jeffrey.M.Grigsby@Schinnerer.com. He can help you work out a plan to begin cross-selling this important coverage to your clients.
Specifications:
- Contact:
Madhu Ohri
- (301) 961-9885
Madhu.Ohri@Schinnerer.com
Availability: All states and the District of Columbia, except AK, HI, LA and NY
Target Risks: Small to medium-sized firms
Program Features:
- Comprehensive property and casualty coverage for specific business exposures, such as:
- Computer equipment - $10,000 with option to increase
- Laptops and cell phones on a worldwide basis with property extension SB 300177A
- Valuable papers/media - $100,000 with property extension
- Accounts receivable - $100,000 on premises with property extension, $25,000 off premises
- Business property off premises - Equal to BPP Limit (including business property at residence of employees)
- Back-up of sewers or drains - Optional
- Blanket additional insured and waiver of subrogation including products and completed operations on BOP.
- Toll-free claims reporting line
- New policy enhancements:
- We now provide contractual liability coverage for work performed within 50 feet of a railroad
- We've included the most frequently requested type of additional insureds and the coverage for them is triggered automatically - so you don't need a separate endorsement each time you're asked to cover an additional person.
- Additional insured coverage for clients and project owners is triggered by the contractual requirements and includes the following when specifically required:
- Products and completed operations
- Primary or primary and non-contributing
- Waiver of subrogation
- The aggregate applies on a per project basis so you have the full benefits of the policy at each project
- Eliminates contractual liability exclusions from personal injury and advertising injury coverage
- Adds political subdivisions as additional insureds if the liability arises out of certain operations for which the political subdivision has issued a permit
- Covers employees for liability arising out of first aid administered to fellow employees
- Provides coverage for consolidated "wrap-up" insurance
- Covers named insured for direct and vicarious liability arising out of its participation in terminated joint ventures
- Provides a separate aggregate limit at each designated construction project
- Extends the defintion of bodily injury to include mental injury and mental anguish
- Endorsement for BOP Enhanced GL coverage may be purchased for an additional cost
Policy Highlights in a printer-friendly format.