Coverage Form Availability
- Business-Owners Policy (BOP)
- Commercial Property (CP)
Targeted Risks
- Retail, wholesale and distribution business classes
- Primarily businesses with on-site sales and operations (no manufacturing or repair work)
- Larger businesses considered with total annual receipts up to $12 million
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 Income with Extra Expense
- Business Personal Property (BPP)
- Civil Authority: Business Income and Extra Expense
(72-Hours Waiting Period) - Debris Removal
- Extended Business Income
- 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
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
For more information, contact Tower Hill Insurance at 800.509.1592