Our commercial package property offering

Explore our four base endorsements, as well as our industry-specific options, to choose the level of coverage that aligns with your client’s business needs.

Compare our base property broadening endorsements

Coverage Blanket limit/coverage	Bronze 411-0791 $25,000	Silver 411-0792 $250,000	Gold 411-0793 $500,000	Platinum 411-0794 $1,000,000
Accounts receivable	Included in blanket limit of $25,000	Included in blanket limit of $250,000	Included in blanket limit of $500,000	Included in blanket limit of $1,000,000
Back up or overflow of a sewer, drain or sump	n/a	$100,000	Included	Included
Brands and labels	Included	Included	Included	Included
Broadened building coverage	Included	Included	Included	Included
Broadened business personal property	Included	Included	Included	Included
Business income and extra expense – dependent properties	n/a	$100,000	$150,000	$250,000
Business income and extra expense – lease cancellation	$5,000	$25,000	$50,000	$50,000
Business income and extra expense – transit	$5,000	$50,000	$75,000	$100,000
Business personal property in storage units	Included	Included	Included	Included
Business personal property in transit	$25,000	$100,000	$100,000	$150,000
Business personal property off premises	$25,000	$100,000	$250,000	$250,000
Catastrophe allowance	n/a	$25,000	$50,000	$50,000
Computer and funds transfer fraud	$5,000	$50,000	$50,000	$50,000
Consequential loss to stock	Included	Included	Included	Included
Contract penalties	$5,000	$25,000	$50,000	$100,000
Debris removal	$25,000	$100,000	$250,000	$250,000
Deferred payments	Included in blanket limit of $25,000	Included in blanket limit of $250,000	Included in blanket limit of $500,000	Included in blanket limit of $1,000,000
Denial of access to premises	30 days 72-hour waiting period	30 days 72-hour waiting period	30 days 72-hour waiting period	30 days 72-hour waiting period
E-commerce	$2,500	$25,000	$50,000	$50,000
Electronic data processing equipment	Included	Included	Included	Included
Employee theft including ERISA compliance	$10,000	$100,000	$250,000	$250,000
Employee tools and work clothing	$5,000	$10,000	$25,000	$25,000
Expediting expense	$10,000	$25,000	$50,000	$50,000
Extended business income	n/a	90 days	180 days	180 days
Extended coverage on property – within 2,000 feet	Included	Included	Included	Included
Extra expense	$25,000	$50,000	$300,000	$300,000
Fine arts	Included in blanket limit of $25,000	Included in blanket limit of $250,000	Included in blanket limit of $500,000	Included in blanket limit of $1,000,000
Fire department service charge	Included in blanket limit of $25,000	Included in blanket limit of $250,000	Included in blanket limit of $500,000	Included in blanket limit of $1,000,000
Fire protection equipment recharge	Included	Included	Included	Included
Food contamination	$5,000	$10,000	$25,000	$25,000
Food contamination – additional advertising expense	$3,000	$3,000	$3,000	$3,000
Forgery or alteration	$5,000	$50,000	$100,000	$100,000
Foundation and underground pipes	n/a	Included	Included	Included
International air shipments	$10,000	$25,000	$50,000	$50,000
Inventory and loss appraisal	$25,000	$100,000	$250,000	$300,000
Key replacement and lock repair	$5,000	$15,000	$20,000	$20,000
Leasehold interest	$25,000	$50,000	$150,000	$250,000
Lessor’s tenant move expenses	$5,000	$25,000	$50,000	$50,000
Marring and scratching	Included	Included	Included	Included
Money and securities	$5,000	$25,000	$50,000	$50,000
Money orders and counterfeit money	$5,000	$25,000	$50,000	$50,000
Movement of property	Included in blanket limit of $25,000	Included in blanket limit of $250,000	Included in blanket limit of $500,000	Included in blanket limit of $1,000,000
Newly acquired locations – business income and extra expense	$100,000	$250,000	$250,000	$250,000
Newly acquired or constructed property – building	$500,000	$1,000,000	$2,000,000	$2,000,000
Newly acquired or constructed property – business personal property	$250,000	$500,000	$1,000,000	$1,000,000
Non-owned detached trailers	$5,000	$25,000	$25,000	$50,000
Ordinance or law – coverage for loss to the undamaged portion of the building	Included	Included	Included	Included
Ordinance or law Demolition cost coverage Increased cost of construction	$100,000	$300,000	$500,000	$500,000
Outdoor property	Included in blanket limit of $25,000	Included in blanket limit of $250,000	Included in blanket limit of $500,000	Included in blanket limit of $1,000,000
Personal effects and property of others	Included in blanket limit of $25,000	Included in blanket limit of $250,000	Included in blanket limit of $500,000	Included in blanket limit of $1,000,000
Pollutant clean-up and removal	$10,000	$50,000	$100,000	$150,000
Preservation of property	90 days	90 days	90 days	90 days
Preservation of property – expense	$10,000	$25,000	$50,000	$100,000
Prototypes	Included	Included	Included	Included
Research and development documentation	Included in blanket limit of $25,000	Included in blanket limit of $250,000	Included in blanket limit of $500,000	Included in blanket limit of $1,000,000
Rewards	$5,000	$50,000	$75,000	$100,000
Sales representative samples	$10,000	$25,000	$25,000	$50,000
Soft costs	$5,000	$10,000	$25,000	$50,000
Temporary relocation of property	$25,000	$50,000	$100,000	$100,000
Theft damage to building	Included	Included	Included	Included
Undamaged tenants improvements and betterments	$10,000	$25,000	$50,000	$100,000
Underground water seepage	n/a	$25,000	$50,000	$150,000
Unintentional property reporting errors	$500,000	$500,000	$500,000	$500,000
Unnamed locations	$20,000	$100,000	$150,000	$200,000
Utility services – business income	$5,000	$50,000	$100,000	$100,000
Utility services – direct damage	$5,000	$50,000	$100,000	$100,000
Valuable papers and records	Included in blanket limit of $25,000	Included in blanket limit of $250,000	Included in blanket limit of $500,000	Included in blanket limit of $1,000,000
Voluntary parting	$10,000	$25,000	$50,000	$100,000
Water damage, other liquids, powder or molten material damage	n/a	$25,000	$50,000	$50,000
Windblown debris	$2,500	$5,000	$10,000	$10,000
Worldwide business personal property off premises	$10,000	$45,000	$75,000	$100,000

Our specialized industry endorsements can be added to the tiered base option of your choice, including:

Condominium property broadening endorsement*

Condominium property broadening endorsement 411-0795 (standalone endorsement)*
Coverage	Limits	Coverage	Limits
Accounts receivable	Included in blanket limit of $250,000	Inventory and loss appraisal	$100,000
Alternative key systems	$100,000	Key replacement and lock repair	$15,000
Back up or overflow of sewer, drain or sump	$100,000	Leasehold interest	$50,000
Brands and labels	Included	Lessor’s tenant move expenses	$25,000
Broadened building coverage	Included	Marring and scratching	Included
Broadened business personal property	Included	Money and securities	$25,000
Business income and extra expense — dependent properties	$100,000	Money orders and counterfeit money	$25,000
Business income and extra expense – lease cancellation	$25,000	Movement of property	Included in blanket limit of $250,000
Business income and extra expense — retail anchor store property	$150,000	Newly acquired locations — business income and extra expense	$250,000
Business income and extra expense – transit	$50,000	Newly acquired or constructed property – buildings	$1,000,000
Business personal property in storage units	Included	Newly acquired or constructed property – business personal property	$500,000
Business personal property in transit	$100,000	Non-owned detached trailers	$25,000
Business personal property off premises	$100,000	Ordinance or law — coverage for loss to the undamaged portion of the building	Included
Catastrophe allowance	$25,000	Ordinance or law — demolition cost coverage — increased cost of construction	$300,000
Commercial tenant replacement expense	$50,000	Outdoor property	Included in blanket limit of $250,000
Computer and funds transfer fraud	$50,000	Paved surfaces	$50,000
Consequential loss to stock	Included	Personal effects and property of others	Included in blanket limit of $250,000
Contract penalties	$25,000	Pollutant clean-up and removal	$50,000
Debris removal	$100,000	Preservation of property	90 days
Deferred payments	Included in blanket limit of $250,000	Preservation of property – expense	$25,000
Denial of access to premises	30 days, 72-hour waiting period	Prototypes	Included
E-commerce	$25,000	Realty tax assessment	$75,000
Electronic data processing equipment	Included	Research and development documentation	Included in blanket limit of $250,000
Emergency evacuation expense	$25,000	Rewards	$50,000
Employee theft - including ERISA compliance	$100,000	Sales representative samples	$25,000
Employee tools and work clothing	$10,000	Soft costs	$10,000
Expediting expense	$25,000	Temporary relocation of property	$50,000
Extended business income	365 days	Theft damage to building	Included
Extended coverage on property – within 2,000 feet	Included	Undamaged tenants improvements and betterments	$25,000
Extra expense	$50,000	Underground water seepage	$25,000
Fine arts	Included in blanket limit of $250,000	Unintentional property reporting errors	$500,000
Fire department service charge	Included in blanket limit of $250,000	Unnamed locations	$100,000
Fire protection equipment recharge	Included	Utility services — business income	$50,000
Food contamination	$10,000	Utility services — direct damage	$50,000
Food contamination — additional advertising expense	$3,000	Valuable papers and records	Included in blanket limit of $250,000
Forgery or alteration	$50,000	Voluntary parting	$25,000
Foundation and underground pipes	Included	Water damage, other liquids, powder or molten material damage	$25,000
International air shipments	$25,000	Windblown debris	$5,000
		Worldwide business personal property off premises	$45,000
Coverage included within a $250,000 blanket limit of insurance: Accounts receivable, deferred payments, fine arts, fire department service charge, movement of property, outdoor property, personal effects and property of others, research and development documentation, valuable papers and records (other than electronic data)
* Condominium endorsement cannot be combined with a base property broadening endorsement.

Cultural institutions property broadening endorsement

Cultural institutions property broadening endorsement 411-0811
Coverage	Limits	Coverage	Limits
Automated external defibrillators	$10,000	Realty tax assessment	$50,000
Broadened business personal property	Included	Research expense for fine arts	$25,000
Business income and extra expense — fundraising event	$50,000	Spoilage — on premises Spoilage — in transit	$50,000 $10,000
Paved surfaces	$50,000

Educational institutions property broadening endorsement

Educational institutions property broadening endorsement 411-0812
Coverage	Limits	Coverage	Limits
Automated external defibrillators	$5,000	Paved surfaces	$100,000
Broadened building coverage	Included	Personal effects of students	$100,000
Business income and extra expense — fundraising events	$50,000	Real property of others required by contract	$5,000
Emergency evacuation expense	$25,000	Special settlement provisions - Agreed amount coverage (losses <=$25,000) - Replacement cost — leased personal property	Included Included
Glass showcases	$2,500	Spoilage — on premises Spoilage — in transit	$25,000 $5,000

Financial institutions property broadening endorsement

Financial institutions property broadening endorsement 411-1500 (available for bank clients)
Coverage	Limits	Coverage	Limits
Automated teller machines (ATMs) — described premises	Included	Emergency vacating expense	$25,000
Automated teller machines (ATMs) — off premises	$25,000	Temporary meeting space expenses	$25,000
Business income and extra expense — cloud services	$25,000	Tenant signs	$25,000
Business income and extra expense — websites	$25,000

Fuel dealers property broadening endorsement

Fuel dealers property broadening endorsement 411-0819
Coverage	Limits	Coverage	Limits
Broadened building coverage	Included	Product contamination	$25,000
Damage to liquid fuel products due to misdelivery	$25,000	Terminal access card or key	$25,000
Liquid fuel products cleanup and removal — liquid fuel product delivery	$25,000	Tools and equipment	$5,000

Hospitality property broadening endorsement

Hospitality property broadening endorsement 411-0801
Coverage	Limits	Coverage	Limits
Alternative key systems	$100,000	Guests' reimbursement	$50,000
Automated external defibrillators	$5,000	Paved surfaces	$50,000
Emergency evacuation expense	$25,000	Reservation systems — worldwide	$100,000
Guests' property	$25,000	Spoilage — on premises Spoilage — in transit	$250,000 $25,000

Human services property broadening endorsement

Human services property broadening endorsement 411-0803
Coverage	Limits	Coverage	Limits
Automated external defibrillators	$10,000	Paved surfaces	$100,000
Broadened building coverage	Included	Property at convention, exhibition or special event	$100,000
Business income	$300,000	Property at temporary location	$500,000
Dampness and extremes of temperature	Included	Property of home care provider	$50,000
Emergency evacuation expense	$25,000	Residential room reserve	$100,000
Mobile medical equipment	$15,000

Life sciences property broadening endorsement

Life sciences property broadening endorsement 411-0960*
Coverage	Limits of insurance
Additional covered property	Included
Business income — milestones	Included
Business income — new product to market delay	$50,000
Business income and expenses — research and development	Included
Contamination cleanup and removal	$150,000
Contract cancellation	$100,000
Extended business income	365 days
Processing water	$25,000
Product contamination	$150,000
Research and development — extra expenses	$250,000
Scientific animals	$25,000
Spoilage — on premises	$250,000
Spoilage — in transit	$25,000

* Not available in all states. 

Manufacturing property broadening endorsement

Manufacturing property broadening endorsement 411-0815
Coverage	Limits	Coverage	Limits
Additional covered property	$50,000	Processing water	$50,000
Business income and extra expense — dependent and interdependent properties	$150,000	Product adulteration and contamination	$50,000
Contract cancellation	$100,000	Research and development operations — expenses	$250,000
Extended warranty coverage	$75,000	Research and development operations — extra expense	$250,000
Patterns, dies, molds and plates	Included	Spoilage — on premises Spoilage — in transit	$100,000 $10,000

Medical care property broadening endorsement

Medical care property broadening endorsement 411-1012
Coverage	Limits	Coverage	Limits
Automated external defibrillators	$5,000	Medical tools and equipment	$15,000
Business income — per diem option	$400/day for each physician $100/day for each nurse OR $1,200/day for 15 days	Money and securities of patients and residents — per occurrence  — per policy period	$5,000 $250,000
Emergency evacuation expense	$25,000	Personal effects of patients and residents	$25,000
Medical hazardous waste and radioactive contamination	$30,000

Moving and storage property broadening endorsement

Moving and storage property broadening endorsement 411-0816
Coverage	Limits	Coverage	Limits
Broadened valuation clause	Included	Uncollectable accrued storage charges	$20,000
Mobile equipment — moving and storage	$25,000	Uncollectable freight charges	$5,000
Personal effects of clients	$10,000	Vehicle damage to leased property	$25,000
Spoilage — on premises Spoilage — In transit	$10,000 $10,000	Warehouse receipts forgery or alteration	$5,000

Real estate property broadening endorsement

Real estate property broadening endorsement 411-0800
Coverage	Limits	Coverage	Limits
Alternative key systems	$100,000	Extended business income	365 days
Business income and extra expense — retail anchor store property	$150,000	Paved surfaces	$50,000
Commercial tenant replacement expense	$50,000	Realty tax assessment	$75,000
Emergency evacuation expense	$25,000

Religious institutions property broadening endorsement

Religious institutions property broadening endorsement 411-0799
Coverage	Limits	Coverage	Limits
Amended loss condition — vacancy	Included	Glass showcases	$2,500
Automated external defibrillators	$5,000	Legal liability	$500,000
Broadened building coverage	Included	Money and securities — per occurrence — peak season during religious holidays	$25,000 $50,000
Broadened valuation clause	Included	Personal effects of clergy	$50,000
Business income and extra expense — fundraising event	$50,000	Special settlement provisions - Agreed amount coverage (losses <=$25,000) - Replacement cost — leased personal property	Included     Included
Dwelling coverage extensions	Included	Spoilage — on premises Spoilage — in transit	$10,000 $1,000

Sports and fitness property broadening endorsement

Sports and fitness property broadening endorsement 411-0809
Coverage	Limits	Coverage	Limits
Automated external defibrillators	$5,000	Business income and extra expense — off-premises special event cancellation	$50,000
Broadened building coverage	Included	Business income and extra expense extended to membership values	Included
Broadened business personal property	Included	Money and securities — health club members and guests on premises	$5,000
Broadened valuation clause	Included	Personal effects of health club members and guests personal property on premises	$10,000

Technology manufacturing property broadening endorsement

Technology manufacturing property broadening endorsement 411-0817
Coverage	Limits	Coverage	Limits
Additional covered property	Included	Extended warranty coverage	$50,000
Business income — new product to market delay	$50,000	Installation	$25,000
Business income and expenses — research and development operations	Included	Portable electronic devices — worldwide	$50,000
Business income and extra expense — dependent and interdependent properties	$150,000	Processing water	$25,000
Contract cancellation	$100,000	Research and development — extra expense	$250,000

Technology services property broadening endorsement

Technology services property broadening endorsement 411-0818
Coverage	Limits	Coverage	Limits
Additional covered property	Included	Extended warranty coverage	$50,000
Broadened business personal property	Included	Installation	$25,000
Business income — new product to market delay	$50,000	Portable electronic devices — worldwide	$50,000
Business income and extra expense — dependent and interdependent properties	$150,000	Research and development operations —  expenses	$250,000
Contract cancellation	$100,000	Research and development — extra expense	$250,000

Telecommunication services property broadening endorsement

Telecommunication services property broadening endorsement 411-0820
Coverage	Limits	Coverage	Limits
Additional covered property	Included	Mobile equipment — telecommunications	$25,000
Broadened business personal property	Included	Portable electronic devices — worldwide	$50,000
Business income — new product to market delay	$50,000	Research and development operations — expenses	$250,000
Extended warranty coverage	$50,000	Research and development operations — extra expense	$250,000
Installation	$25,000	Theft of phone cards	$10,000

* Please note: Commercial property offerings availability varies by state. 

Specialized commercial package options

In addition to our base and industry-specific property broadening endorsement options, The Hanover offers specialized coverage endorsements to solve for more challenging exposures, including:

• Valuation of wine stock
• Unique building feature valuation
• Beer leakage
• Restrictive zoning

Equipment breakdown coverage

From educational and financial institutions, to manufacturers, retailers, technology companies, equipment keeps all kinds of businesses going. Our equipment breakdown offering is designed to help protect your commercial lines clients against both traditional and modern equipment breakdown losses that can halt operations and threaten profits.

Learn more about our equipment breakdown coverage
 

Business owner’s policy broadening and industry-specific endorsements

The Hanover’s business owner’s policy (BOP) broadening endorsements provide extended and expanded coverage on top of your clients’ current BOP. They add up to 60 important coverage options that will give clients peace of mind knowing they’re well protected. In addition, our selection of industry-specific endorsements offers additional options for your clients, allowing you to offer more industry-focused coverage. 

View BOP endorsement options

* Please note: Commercial property offerings availability varies by state.