Coverage Form Availability
- Business-Owners Policy (BOP)
- Commercial Property (CP)
Targeted Risks
- HOAs, property owners associations, condominium owners associations
- Planned unit developments
- Common buildings, outdoor property and miscellaneous equipment
Coverages and Extensions
The following policy coverages are available with applicable limits; subject to state and carrier guidelines.
- Accounts Receivable
- Annual Automatic Value Increase for Buildings
- Business Personal Property (BPP)
- Civil Authority: Business Income and Extra Expense
(72-Hours Waiting Period) - Debris Removal
- Fire Department Service Charges
- Fire Extinguisher System Re-Charge Expense
- Forgery and Alteration
- Increased Cost of Construction
- Interior and Exterior Building Glass
- Money Orders and Counterfeit Paper Currency
- Newly Acquired Building and Personal Property Off
Premises - Pollutant Clean-Up and Removal
- Preservation of Property
- Tree Removal and Tree Debris Removal
- Unscheduled Buildings and/or Business Personal
Property - Valuable Papers and Records
Optional Coverages
The following coverages and deductibles are available, subject to state and carrier guidelines. Limits and deductibles apply. All coverages are subject to the conditions, exclusions, and limitations outlined in each policy.
- Additional Debris Removal
- Additional Valuable Papers and Records
- Employee Dishonesty
- Equipment Breakdown
- Fine Arts
- Hired and Non-Owned Automobile Liability
- Loss Assessment
- Money and Securities
- Ordinance or Law Coverage
- Outdoor Signs
- Property Damage Legal Liability: Property of Others
- Spoilage
- Tools and Equipment: Blanket or Scheduled
- Utility Services (Direct Damage and Time Element)
- Water Backup and Sump Overflow
Deductible Options
Wind/Hail
1%, 2%, 3%, 5%, or 10% per
occurrence
Hurricane
1%, 2%, 3%, 5%, or 10% per
occurrence
Earthquake
5%, 10%, 15%, 20%, 25%, 30%,
35% or 40% per occurrence
Wind/Hail
1%, 2%, 3%, 5%, or 10% per
occurrence
Hurricane
1%, 2%, 3%, 5%, or 10% per
calendar year or occurrence
Sinkhole
2%, 3%, 5%, or 10% AOP or flat
dollar deductibles may also be
available
Wind/Hail
1%, 2%, 3%, 5%, or 10% per
occurrence
Hurricane
1%, 2%, 3%, 5%, or 10% per
calendar year or occurrence
Earthquake
1%, 2%, 3%, 5%, 10%, 15%,
20%, 25%, 30%, 35%, or 40%
per occurrence
Wind/Hail
1%, 2%, 3%, 5%, 10%, or 15%
per occurrence
Hurricane
1%, 2%, 3%, 5%, 10%, or
15% per calendar year or
occurrence
Tower Hill offers both Business-Owner (BOP) and Monoline Property (CP) products. Both of our products are available on either admitted or non-admitted paper:
RenaissanceRe Syndicate 1458
RenaissanceRe Syndicate Management Limited is the managing agent for RenaissanceRe Syndicate 1458. It manages the syndicate, employs the underwriting staff, and oversees the compliance, legal, human resources, modeling, actuarial and finance functions providing services to the syndicate. RenaissanceRe Syndicate Management Limited is franchised by Lloyd’s of London.
Lloyd’s of London is the world’s largest subscription market and has strong operating performance, strong capitalization, and strong financial flexibility, which is reflected in its financial rating. As part of Lloyd’s of London, RenaissanceRe Sydicate 1458 shares Lloyd’s Market Financial Strength Rating (FSR) of A+, XV (Superior) from A.M. Best Company as of January 2025.
Vantage Risk Specialty Insurance Company
Vantage Group Holdings, Ltd. (Vantage) was established in late 2020 as a re/insurance partner designed for the future. Vantage Risk offers a wide array of specialty re/insurance products covering global risks, including niche property and casualty classes.
Vantage operating subsidiaries Vantage Risk Ltd., Vantage Risk Assurance Company and Vantage Risk Specialty Company hold a Financial Strength Rating (FSR) of A-, XII (Excellent) from AM Best Company as of January 2025.
Insurance coverage in any particular case will depend upon the type of policy in effect, the terms, conditions and exclusions
in any such policy, and the facts of each unique situation. No representation is made that any specific insurance coverage
would apply in the circumstances outlined herein. Limits and deductibles apply. Please refer to the individual policy forms
for specific coverage details.
For more information, contact Tower Hill Insurance at 800.509.1592