Highlighted Features of our Nonprofits’ OWN Businessowners Property Coverage (ANI):
(All included at no additional charge, unless noted)
- Coverage is written on “special” modified BOP form
- Deductible amounts of $250, $500, $1,000, $2,500, $5,000 and $10,000 available
- Low minimum premium
- Employee/Volunteer Dishonesty Coverage available on a specified limits basis (limits up to $500,000)
- Business Income and Extra Expense restoration periods – 18 months*
- Water backup damage to $25,000*
- Outdoor property limits (plants limit $1,000, and signs to $25,000)*
- Increased Cost of Construction limit $100,000*
- Fire Extinguisher Systems Recharge limit $25,000*
- Arson & Vandalism Reward limit $5,000*
- Spoilage limit $25,000*
- Earthquake Sprinkler Leakage limit $10,000*
- Personal Property Off Premises limits to $250,000*
- Personal Effects limits to $25,000*
- Valuable Papers and Records On Premises limit $25,000 and $10,000 while in transit*
- Lock and Key Replacement limit $2,500*
- Green Upgrades Coverage available upon request
- Equipment Breakdown Protection and building ordinances coverages are available upon request
- Electronic Data (digital assets) replaced or restored if damaged by a cyber attack – virus, harmful code or similar attack – $10,000 sub limit free, higher limits available up to $100,000 for additional premium*
- Interruption of computer operations – business income and extra expense due to cyber-attack – virus, harmful code or similar attack – $10,000 sublimit*