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Winter 2018   Volume 28, Number 1        
 

Ways to Fill Winter Storm Insurance Gaps

Your firm’s winter storm property insurance exposures may require more than a named perils insurance policy. You may want to consider upgrading your coverage to one of these types of property policies:

  • A broad form property policy, which covers the basic named perils, and adds coverage for falling objects; weight of snow, ice or sleet; water damage (from certain causes) or collapse (from certain causes).
  • An “all-risks” policy. This type of policy covers your business from property damage or loss due to all causes, unless specifically excluded by the policy. Typical exclusions include nuclear hazard, war and military action, earth movement, flood, wear and tear, and more.
  • A business owner’s policy (BOP). The standard BOP offers a package of coverages for the typical small to mid-sized business needs. These include property coverage, business income coverage, general liability coverage, and coverage for autos you borrow or rent for business purposes.

Please contact us to obtain these broader coverages for your insurance program.

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In this issue:

Risk Tip

How Changes at EEOC Could Benefit Employers

How Technology Is Helping to Reduce Fraud

Section 7 and Social Media in the Workplace

Ways to Fill Winter Storm Insurance Gaps

 

 


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