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Business Owner's policies provided by Columbia Insurance Group.
Reasons To Buy Your Business Owner’s Insurance From Columbia Insurance Group
- A BROAD PACKAGE OF PROPERTY AND LIABILITY COVERAGES will provide most of the protection needs of owners of small or medium size businesses.
The program is designed for:
- Owners of apartment properties
- Owners or tenants of offices
- Owners or tenants of many retail businesses
- Funeral homes
- Churches
- Golf Courses
- Motels
- Mini-warehouses
- The PACKAGE CONCEPT eliminates the need for several policies which saves premium dollars.
- The choice of the SPECIAL or STANDARD plan, plus optional coverages to further tailor the policy to your business needs.
- REPLACEMENT COST or ACTUAL CASH VALUE on buildings.
- AMOUNT OF INSURANCE discount.
Special Property Coverage
Building, including scheduled incidental and service buildings located on premises.
- Risks of direct physical loss except those excluded.
- Trees, plants and shrubs are covered for specified perils up to $500 per item; $2,500 per occurrence.
- 25% extra for Debris Removal Coverage included.
- Increased Cost of Construction due to ordinance or law; $5,000
Business Personal Property, which automatically includes tenant's improvements and betterments.
- Risks of direct physical loss except those excluded.
- 25% "Peak Season" coverage if Coverage B is 100% of value.
- $10,000 extra for Debris Removal Coverage included.
- Includes personal property of others on premises.
- Includes personal property in transit and off premises Limit: $10,000.
- 30 Days coverage at new locations up to $100,000.
Mechanical Breakdown
Business Income and Extra Expense
- Coverage for 12 months if caused by a covered cause of loss.
- Broken exterior building glass is covered for replacement cost.
- Interior glass on ground floor level is covered for replacement cost.
- $2000 inside premises, $1000 outside premises, Limits maybe increased by optional endorsement.
- $10,000 included, may be increased by endorsement.
- An automatic increase in the limit of insurance for buildings by an annual percentage determined by the company.
Valuable Papers and Records
- Cost of research up to $5,000 at each described premises (Higher limits available).
Standard Property Coverage
Building, including scheduled incidental and service buildings located on premises.
- Causes of loss include, Fire, Lightning, Windstorm or Hail, Explosion, Riot and Civil Commotion, Vehicle and Aircraft, Smoke, Sprinkler Leakage, Sinkhole Collapse, Vandalism, Volcanic Action and Transportation.
- Trees, plants and shrubs are covered for specified perils up to $500 per item; $2,500 per occurrence.
- 25% extra for Debris Removal Coverage included.
- Increased Cost of Construction due to ordinance or law $5,000
Business Personal Property, which automatically includes tenant's improvements and betterments.
- Covered causes of loss as named above.
- 25% "Peak Season" coverage if Coverage B is 100% of value.
- $10 000 extra for Debris Removal Coverage included.
- Includes personal property of others on premises.
- Includes personal property in transit and off premises, Limit: $10,000.
- 30 Days coverage at new locations up to $100,000.
Mechanical Breakdown
Business Income and Extra Expense
- Coverage for 12 months if caused by a covered cause of loss.
- Broken exterior building glass is covered for replacement cost.
- Interior glass on ground floor level is covered for replacement cost.
- Not included - Burglary & Robbery Coverage is available as an option.
- $5,000 included, may be increased by endorsement.
- An automatic increase in the limit of insurance for buildings by an annual percentage determined by the company.
Valuable Papers and Records
- Cost of research up to $5,000 at each described premises.
Applies identically to both the Special and Standard Plans
For your business premises and business operations
$300,000 included - optional $500,000 and $1,000,000
- Owners and Contractors Protective Liability.
- Non-owned Snowmobile Liability.
- Personal Injury (false arrest, libel, slander, wrongful eviction and others).
- Host Liquor Liability.
- Employees are automatically covered for the above liability coverages while performing duties. Landlords may also be added as insureds.
- Contractual Liability for Written Contracts.
- Fire Legal Liability Limit $50,000, higher limits available.
- Non-owned Watercraft (under 26 feet) Liability.
- Medical payments $5,000 per person.
Optional Property Coverage
Special Property Coverage
- Money and Securities ... may be increased to $10,000 inside premises; $10,000 outside premises
- Accounts Receivable ... Limits may be increased
- Employee Dishonesty ... $10,000 or $25,000
- Outdoor Signs ... Limits as noted on policy
- Merchandise Spoilage
- Business Computer
- Earthquake
- Boiler and Machinery (systems breakdown)
- Forgery and Alteration ... limits may be increased
- Tenants' Exterior Building Glass
Standard Property Coverage
- Burglary & Robbery Coverage available at $5,000 inside, $2,000 outside limit
- Accounts Receivable ... Limits may be increased
- Employee Dishonesty ... $10,000 or $25,000
- Outdoor Signs ... Limits as noted on policy
- Merchandise Spoilage
- Business Computer
- Earthquake
- Boiler and Machinery (systems breakdown)
- Forgery and Alteration ... Limits may be increased
- Tenants' Exterior Building Glass
Optional Liability Coverages
- Professional Liability
Barbers
Beauticians
Morticians
Pastoral Counseling
Veterinarians
Senior Citizen Housing D & O (not available in all states)
Printers Errors and Omissions
Condominium Directors and Officers
Optical and Hearing Aid Establishments
- Hired and non-owned automobiles
- Employee Benefits Liability (not available in all states)
- Tenants Liability
- Customer's Goods Legal Liability
- Sale and Disposal Liability
Optional Premier Endorsement
- A package of additional coverages at one discounted price.
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