Commercial FAQ's

Commercial insurance includes lines of insurance designe to cover officies, retail, wholesale, manufacturing and institutional classes of business.
Coverages are developed from the following categories:

Property

* all real property owned and operated ( building stock equipment)
* business interruption coverages covering ongoing expenses or profits generated

Inland Marine

* coverages often referred to as floaters added to a policy
* providing enhanced coverages to real property such as "Broad Form Coverage" or coverage off premsies
* from tool floaters to transportation coverages such as motor truck cargo are considered in this section

Crime

* this section will add crime coverages from robbery hold uo to burglary to theft of real property, monies or securities

Liability

* third party coverages from the slip and fall hazards fround in an office, retial store, etc
* completed operations exposures found in the service industry (contractors, etc) to products liability exposures in the manufacturing sector.
* exposures may overlap from category and will be considered in developing the premiums for each type of business.

Micellaneous

* in the miscellaneous section of the policy, coverages will include those items that do not fit the definitions above and will include items such as boiler insurance, glass coverage, etc

This information is for illustration purposes only.
Actual policy wordings and conditions may differ.