Comprehensive Personal Liability Product

Transcription

1 Comprehensive Personal Liability Product Targeting applicants needing stand alone, first dollar Personal Liability. Product Features: Stand alone liability for 1-4 Family dwellings, condo units, mobile homes, tenants and vacant land Limits up to $ 1,000,000 Personal liability for course-of-construction (contractor excluded) For individuals, trusts, estates, LLC s, limited partnerships and corporations Full dog liability included for most breeds Personal Injury included up to policy limits Short term rentals Host liquor liability included Up to 15 locations Why choose to be insured with USLI? Now Admitted in California, North Carolina and South Carolina! Direct Bill available in these states. A++ rated insured groups by A.M. Best! The Business Resource Center is available to all insured s with discounts on background check services, tenant screenings, motor vehicle records, and other great services! This document does not amend, extend or alter the coverage afforded by the policy. For a complete understanding of any insurance you purchase, you must first read your policy, declaration page and any endorsements and discuss them with your agent. A sample policy is available from your agent. Your actual policy conditions may be amended by endorsement or affected by state laws. CPL-NR 9/14

2 HOME BUSINESS INSURANCE Every Business Deserves the Right Coverage, Even At Home: Home Based Business Product Filling the gap left by many homeowners policies for businesses operating out of the home Why Coverage is Important: Ability to write in the name of an individual, corporation, LLC or partnership Coverage can be extended for up to three employees in addition to the owner Optional additional insured coverage can be included for venues (hotels, craft fairs, etc.), your customer and most clients requiring proof of liability coverage Professional errors and omissions for most classes is included in the basic premium Off-premises liability and business personal property coverage, loss of business income and equipment breakdown coverage included Every 11 seconds, a new home-based business is started. There are currently over 20 million households that have a home-based business exposure, and more than half of them are not properly insured. Most business owners believe that coverage is available through their homeowners policy; however, the business endorsements do not provide adequate coverage since there is generally no off-premises liability protection or loss of income coverage. Our policy is designed to cover the unique exposures of your business at a fraction of the cost of a commercial business owners policy. Additional Advantages: A Berkshire Hathaway Co. Fast service A++ rating by A.M. Best Access to free and discounted solutions to help you run your business

3 Coverage for Businesses Operating Out of the Home Why Coverage is Necessary: It was wedding season, and Grady s Picture Perfect Images was booked every weekend for months. A couple scheduled their event far in advance and even paid their deposit on time. The couple expected Mr. Grady as their photographer on their Fourth of July wedding. Mr. Grady realized that he was double booked and called the bride to let her know the situation. The bride was furious and looked for another photographer. She was able to find another photographer last minute, but he charged four times the price of Grady s Picture Perfect Images. The bride sued Mr. Grady for $6,000 the cost of the new photographer. A customer visited an insured s computer repair business operating out of their home. The customer slipped and fell, causing a fractured ankle that required surgery. Since the customer was at the home for business purposes, the Home Based Business policy provided the liability protection for this claim, valued in excess of $100,000. A power surge caused electrical damage to the insured s home bakery refrigeration system. The system failed, which resulted in food spoilage, repairs to the refrigerator as well as four days of lost income. The insured s policy provided the equipment breakdown and business income coverage needed. Eligible Risks: Disc Jockey Photographer Baker Crafter (excluding manufacturing and distribution of candles made by individuals) Wedding/Party planner Jewelry (costume) maker Teacher/Tutor Cosmetic/Beauty sales consultant (excluding sport, physical education, industrial and martial arts) Personal fitness trainer Ladies/Girls clothing, accessories Most Common Ineligible Risk Characteristics: Applicants involved in any manufacture, installation or repair Event planner Computer consultant Internet service provider Landscaper and plant service Personal shopper and errand service Fine jewelry sales and repair Massage therapist Contractor This document does not amend, extend or alter the coverage afforded by the policy. For a complete understanding of any insurance you purchase, you must first read your policy, declaration page and any endorsements and discuss them with your agent. A sample policy is available from your agent. Your actual policy conditions may be amended by endorsement or affected by state laws. FS-Personal-HBB-2-15

4 The Main Event Special Event Product We have the ability to provide fast quote turnaround for your Special Events. Eligible classes can be covered for General Liability, Liquor Liability or both! PRODUCT FEATURES: General Liability Coverage and/or Commercial Liquor Liability coverage available for events with up to 10,000 attendees per day on most risks The Host - Host Liquor Liability available for one-day events with 500 or less attendees in many states Separate limits for General Liability and Host Liquor Liability Automatic coverage for volunteers, temporary or leased workers, and committee members Food and beverage Product Liability included in the General Aggregate Medical Payments coverage Coverage for damage to rented premises Property owner can be included as Additional Insured at no charge GREAT COVERAGE FOR: Beer Gardens/Beer Tents, Concerts/Musical Performances, Festivals, Parties, Sporting Events, Motor Vehicle Events, Car Shows, Conventions/Trade Shows/Exhibits, Fund Raisers, Parades, Picnics, Weddings/Receptions and many other miscellaneous events LIMITS OF LIABILITY: Limits of $1,000,000/$2,000,000 available ADDITIONAL ADVANTAGES: Low minimum premium A.M. Best rated A++ carrier Online quote, bind and issue system This document does not amend, extend or alter the coverage afforded by the Policy. For a complete understanding of any insurance you purchase, you must first read your Policy, Declaration Page and any Endorsements and discuss them with your Broker. A specimen policy is available from an Agent of the Company. Your actual Policy Conditions may be amended by Endorsement or affected by State Laws. SEL-NR 2/08

5 Personal Umbrella Product Information USLI writes unsupported personal umbrella liability for the broadest range of applicant types in the industry. We offer coverage for preferred, standard and high risk households, as well as high profile individuals and farm and ranch owners. Preferred Applicants: Operators between 23 and 75 years old Limited exposure units (home, autos, RVs and watercraft) Driving discounts apply Zero accidents/duis; no more than 2 convictions Limits up to $10 million on any quote ($5 million - FL; $1 million - AL, MS, NH and VT; CT and ME if rentals) Admitted in 45 states Standard Applicants: Unlimited number of autos, RVs and watercraft up to 75 Up to fifteen 1-4 family residential locations Operator ages can range from age 23 through age 89 Six convictions in a household (3 years) Three fault accidents in a household (3 years) Limits up to $5 million on any quote ($1 million - AL, MS, NH and VT; CT and ME if rentals) Admitted in 45 states Farm and Ranch Owners: Farm revenues up to $1 million 2000 acres 250 grazing animals Underlying liability must be on a personal lines form Celebrity Applicants:: Designed for high profile individuals such as pro athletes, entertainers, politicians, Fortune 500 CEOs, TV and radio personalities and authors Admitted for preferred or standard applicant types High Risk Applicants: $1 million for any account with an operator age 90 or over for auto and watercraft Ten convictions in a household (3 years) Five fault accidents in a household (3 years) Any DUI in 5 years (zero if under age 23 or over age 89) Limits up to $5 million ($1 million - AL, MS, NH and VT; CT and ME if rentals) Now admitted in most states Any major category conviction in a household (3 years) Policyholders have access to many services through our Business Resource Center that will assist in growing and protecting their businesses This document does not amend, extend or alter the coverage afforded by the policy. For a complete understanding of any insurance you purchase, you must first read your policy, declaration page and any endorsements and discuss them with your agent. A sample policy is available from your agent. Your actual policy conditions may be amended by endorsement or affected by state laws. Umbrella Product Information (8/14) 1/2

6 Attachment Requirements: $250,000/$500,000/$100,000 or $300,000 CSL for autos, home, watercraft or RVs $500,000/$500,000/$100,000 or $500,000 CSL for autos and watercraft for any account defined to be at risk $500,000/$500,000/$100,000 or $500,000 CSL for autos and personal liability for any farm and ranch applicant $500,000 C.S.L. or $500,000/$500,000/$100,000 for all exposures - Celebrity Applicants $1,000,000 for any watercraft $1,000,000 for any auto or watercraft where there is an operator age 90 or over Additional USLI Advantages Personal umbrella can be written in the name of individuals, trusts, LLCs, LLPs or the estate of, if primary residence is included Quote instantly via phone, live web chat or 24-7 online Direct access to underwriters to get what you need A++ rated carrier and a Berkshire Hathaway Company Automatic renewals with no renewal applications required Direct Bill at new business and renewal with multiple installments, all with no fees or interest Instant access for service, endorsement changes and help Coverage Features: Optional excess UM/UIM available up to $1,000,000, $25,000 included in base rates Broad definition of bodily injury and personal injury True umbrella with drop down coverage for non owned watercraft up to 26, non owned RVs and non owned autos outside the US Worldwide coverage Zero deductible No aggregate limits Coverage for both pre and post judgement interest This document does not amend, extend or alter the coverage afforded by the policy. For a complete understanding of any insurance you purchase, you must first read your policy, declaration page and any endorsements and discuss them with your agent. A sample policy is available from your agent. Your actual policy conditions may be amended by endorsement or affected by state laws. Umbrella Product Information (8/14) 2/2

7 Vacant Building Product Our Vacant Building Product is designed for your residential and commercial risks. Our product can be quickly and easily quoted for 3, 6, 9, or 12 month policy terms on a monoline or package basis. ELIGIBLE RISKS CAN INCLUDE: u Vacant buildings u Partially vacant buildings u Vacant condominium units u Vacant leased space u Risks with renovations u Residential and commercial risks ADDITIONAL ADVANTAGES: A.M. Best rated A++ carrier Quick quote turnaround Superior policy issuance Low minimum premiums COVERAGE AND PRODUCT FEATURES: u No restriction on the length of vacancy u Minimum earned premium is only 25% even on 3, 6, and 9 month policy terms u Special form and replacement cost available on structures that are 25 years old or newer u Business personal property coverage available u Can offer policy terms of 3, 6, 9 or 12 months u Short term policy extensions by endorsement u Vandalism is included with property coverage u No liability deductible u Risks with renovation work up to $250,000 in cost (Non structural renovations only) u Independent contractors coverage available LIMITS OF INSURANCE u Property limits up to: Risks up to $3,000,000 in total insurance value (depending on protection class) Contents coverage up to $250,000 Coastal zones: $500,000 per location Vacant condominium units: $500,000 per unit u General liability limits up to: $1,000,000 each occurrence/$2,000,000 Aggregate Additional excess liability limits can be provided Up to $5,000,000 This document does not amend, extend or alter the coverage afforded by the Policy. For a complete understanding of any insurance you purchase, you must first read your Policy, Declaration Page and any Endorsements and discuss them with your Broker. A specimen policy is available from an Agent of the Company. Your actual Policy Conditions may be amended by Endorsement or affected by State Laws. VBPP-NR 7/10

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