Business – PA Business Owners – Millville Mutual

COVERAGE OVERVIEW

YOUR BUSINESS BUILDING

Coverage can protect your Building as well as certain types of related structures and attached fixtures.

Coverage perils can be selected as

  • Standard Form – Fire, Lightning, Explosion, Sonic Boom, Windstorm, Hail, Smoke, Vehicles, Aircraft, Riot, Civil Commotion, Vandalism (excludes vandalism to exterior glass or signs), Sprinkler Leakage, Sinkhole Collapse
    SPECIAL NOTE: Theft coverage is not included under this form.
  • Special Form

All direct physical damage is covered except exclusions such as war, nuclear radiation, earthquake, flood, radon, and others listed in the policy.

LOSS OF INCOME / RENTS

This helps offset the loss of income or rent due to a covered loss.  Automatic coverage is up to 12 months, subject to the limit shown (20% of Building + 100% of Contents Limits). Optional coverage is available.

CLAIM SETTLEMENT OPTIONS

  • Actual Cash Value

Depreciation for age, wear, tear

  • Replacement Cost

No depreciation

YOUR BUSINESS CONTENTS

Business Personal Property in your business or provided by you as a landlord in rental properties (appliances, furniture, etc.).

SPECIAL NOTE: Tenant-Owned Personal Property in rental units is not covered.

POLICY DEDUCTIBLE

You choose a deductible (portion you pay) of $250; $500; $1,000; $3,000; $5,000; or $10,000.  Raising your deductible lowers your premium.

LIABILITY

Provides legal defense and a settlement

  • to those you may injure, or
  • for property you may damage.

Available limits are $300,000; $500,000; or $1,000,000.

You can have additional coverage with a stand-alone Excess Liability Policy.

FIRE LEGAL LIABILITY

Provides coverage for property you may damage that is under your care, custody, control…the unit you occupy as a business tenant.  Available limits are $50,000; $300,000; $250,000; or $500,000.

MEDICAL PAYMENTS

Offers assistance to visitors injured at your business or rental property, even when you are not negligent.

PARTIAL LIST OF OPTIONS

  • Limited Burglary & Robbery $1,000 to $5,000
  • Employee Dishonesty
  • Theft Coverage
  • Exterior Glass
  • Interior Glass
  • Money & Securities
  • Increased Outdoor Sign
  • Automatic Increase – Building
  • Automatic Increase – Contents
  • Peak Season
  • Loss of Income W/O Limit
  • Damage Due to Back-Up of Sewers or Drains
  • Increase Valuable Papers & Records
  • Computers
  • Spoilage
  • Earthquake
  • Equipment Breakdown
  • Non-Owned / Hired Auto
  • Multiple Location Coverage
  • Other Special Needs

SAFETY EQUIPMENT

Your business or rental dwelling must adhere to local code enforcement regarding carbon monoxide & smoke alarms as well as other safety issues.

REVIEW

We ask for the opportunity to review your needs when purchasing home insurance.  We also provide a written review each year.

Social Media Auto Publish Powered By : XYZScripts.com