This product is available for most offices seeking coverage for premises liability only. Why would an office need a Premises Preferred Policy?
- When there is an off-premises exposure of the business that makes it not qualify for a business owners policy – Hard to place office risks
- This policy provides an innovative approach to address lease requirements
- When products coverage is too costly or not necessary
- When products coverage is provided by the Parent Company
- When a low cost option is needed for asset protection
- When a policy is needed that is not subject to annual audits
Coverage Features:
- No Liability Deductible
- Liability premium based on square footage
- No requirement to document Professional Liability or Products coverage
- No charge to add landlord as additional insured
- Special Cause of Loss and Replacement Cost coverage is available
- Equipment Breakdown Coverage includes free boiler inspection if required in your jurisdiction
- Value Plus Endorsement includes 14 coverage enhancements
- Monoline General Liability coverage Available
Please Note: coverages may vary according to class of risk and market conditions