Commercial lines – silver property broadening endorsement
The Hanover’s silver property broadening endorsement is part of our suite of property coverage offerings designed to help fully protect your commercial package property (CPP) and monoline property clients. Further customize the 65+ coverages and enhancements with amendable limits for unique protection.
| COVERAGE | LIMITS |
|---|---|
| Additional covered property | Included |
| Brands and labels | Included |
| Broadened building coverage | Included |
| Broadened business personal property coverage | Included |
| Building limit — inflation guard | Included |
| BI/EE from dependent properties | $100,000 |
| Catastrophe allowance | $25,000 |
| Computer and funds transfer fraud | $10,000 |
| Consequential loss to stock | Included |
| Contract penalties | $25,000 |
| Debris removal | $100,000 |
| Denial of access to premises | Included |
| eCommerce | $5,000 |
| Electronic data processing equipment | Included |
| Employee theft including ERISA compliance | $50,000 |
| Employee tools and work clothing | $10,000 |
| Expediting expense | $25,000 |
| Extended business income | 90 days |
| Extended coverage on property — w/in 2,000 feet | Included |
| Extra expense | $50,000 |
| Fire protection equipment recharge | Included |
|
Food contamination — Including additional advertising expense |
$10,000 $3,000 |
| Forgery and alteration | $30,000 |
| Foundations and underground pipes | Included |
| International air shipments | $25,000 |
| Inventory and loss appraisal | $100,000 |
| Key replacement and lock repairs | $15,000 |
| Lease cancellation | $25,000 |
| Leasehold interest — tenants | $50,000 |
| Marring and scratching | Included |
| Money and securities | $10,000 |
| COVERAGE | LIMITS |
|---|---|
| Money orders and counterfeit money | $10,000 |
|
Newly acquired/constructed property — building Newly acquired — business personal property |
$1,000,000 $500,000 |
| Newly acquired locations — BI/EE | $250,000 |
| Non-owned detached trailers | $25,000 |
| ordinance or law | $300,000 |
| Pollutant clean-up and removal | $50,000 |
| Preservation of property | 90 days |
| Preservation of property — expense | $25,000 |
| Property in transit | $50,000 |
| Property off-premises | $100,000 |
| Prototypes | Included |
| Rewards — arson, theft, vandalism | $50,000 |
| Sales representatives samples | $25,000 |
| Seasonal increase — business personal property | Included |
| Sewer backup | $100,000 |
| Soft costs | $10,000 |
| Temporary relocation of property | $50,000 |
| Tenant glass | $10,000 |
| Tenant relocation | $25,000 |
| Theft damage to building | Included |
| Transit business income and extra expense | $50,000 |
| Undamaged tenants improvements and betterments | $25,000 |
| Underground water seepage | $25,000 |
| Unintentional property reporting errors | $500,000 |
| Unnamed locations | $100,000 |
|
Utility services — direct damage Utility services — business income |
$50,000 $50,000 |
| Voluntary parting | $25,000 |
|
Water damage, other liquids, powder or molten material damage |
$25,000 |
| Windblown debris | $5,000 |
| Worldwide property off-premises | $45,000 |
Coverages 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).
Contact your local underwriter or sales manager and visit us on Agent Solutions to learn more.
114-1854 (1/17) LC 14-149