Highlighted Features of Property Program (Provided by Companion Program BOP Policy):
(All included at no additional charge, unless noted)
- Coverage is written on “special” modified BOP form
- Deductible amounts of $250, $500, $1,000 and $2,500,$5,000 and $10,000 available.
- Minimum Premium of $250
- Employee/Volunteer Dishonesty available on a specified limits basis (limits up to $500,000)
- Business Income and Extra Expense restoration periods – 18 months
- Water Backup damage up to $25,000
- Outdoor property limits (plants Limit $1,000, signs up 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 up to $100,000
- Personal Effects up 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 Coverage 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 sublimit 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