Coverage Highlights
- Defined sublimit (separate for each)
- Contingent bodily injury and property damage
- Lock box
- Open house
- Failure to disclose pollutants
- Owned property coverage
- Failure to maintain insurance carveback for property managers
- Ability to grant additional insured status for property owners
- Supplementary coverages include:
- Crisis management
- Disciplinary proceedings
- Subpoena assistance
- Broad third-party discrimination definition
- Third-party cyber coverage with affirmative social engineering wording
- Ability to include mortgage broker and business broker services
Coverage Limits
- Maximum capacity: $2 million (exceptions can be made by the product head and underwriting manager)
- Minimum deductible: $2,000 in most states; $5,000 in Arizona, California, Florida, New York and Washington
- Minimum premium: $2,000 in most states; $5,000 in Arizona, Florida and New York; $7,500 in California
