By CALL 303-932-1700 OR EMAIL rcline@insuranceaai.com for a quote TODAY!Property Highlights Property Coverage covers your Building and Condominium Personal Property for replacement cost with no coinsurance. • Appurtenant Buildings and Structures: - Coverage for Appurtenant Buildings and Structures is included up to $50,000.• Building Glass: - Coverage for Building Glass is included, with several deductible options available.• Business Income and Extra Expense: Covers income that is lost due to suspended operations caused by damage at the described premises from a covered cause of loss. This is an optional coverage for Pac PlusSM. - Condominium PacSM • Automatically included and includes rental value.• Included on an Actual Loss Sustained basis for up to 12 consecutive months.• Coverage may also be written on a policy or location level basis for any dollar limit without the 12-month limitation.- Condominium Pac PlusSM • Optional.• When selected, the coverage may be written with a policy or location level dollar limit. The dollar limit is based on 80 percent of annual receipts/fees and may be modified.• Business Personal Property Off Premises: - Coverage for Business Personal Property Off Premises is provided, including while in transit or temporarily away from the scheduled premises and at a premises you do not own, lease or operate; or at any fair, trade show, or exhibition.• Employee Dishonesty: - Coverage is included up to $25,000 (with an option to cover property managers as employees). Limit may be increased.• Equipment Breakdown: - Coverage for Equipment Breakdown is included within applicable limits.- Diagnostic equipment, power-generating equipment, and production equipment are limited to $100,000 for direct damage. Limit may be increased.- Service interruption of water, communication, or power supply services is covered from a covered breakdown (when Business Income and Extra Expense is covered).• Newly Acquired or Constructed Buildings: - Coverage is provided for Newly Acquired or Constructed Buildings up to $500,000 for up to 180 days.• Ordinance or Law Coverage: - Coverage is included for a combined limit of $25,000 at each described premises. Limit may be increased.• Outdoor Trees, Shrubs and Plants: - Coverage for Outdoor Trees, Shrubs and Plants is provided for all covered causes of loss up to $3,000. Limit may be increased. • Signs: - Coverage for Signs within 1,000 feet is included within the Building limit when building coverage is written.• These items are considered part of Building coverage: - Alarm systems;- Appliances used for refrigeration, ventilating, cooking, dishwashing or laundering that are not contained within individual units;- Fences;- Fire extinguishing equipment;- Fixtures, outside of individual units, including outdoor fixtures;- Floor coverings;- Lawn maintenance and snow removal equipment;- Lobby and hallway furnishings;- Outdoor furniture;- Outdoor swimming pools; and- Retaining walls• Building coverage also includes any of the following types of property contained within a unit, regardless of ownership, when your Condominium Association Agreement requires you to insure it: - Fixtures, improvements and alterations that are part of the building or structure; and- Appliances such as those used for refrigerating, ventilating, cooking, dishwashing, laundering, security or housekeeping.General Liability HighlightsGeneral Liability Coverage protects you against claims for damages because of bodily injury or property damage to others resulting from your business operations. • General Liability Limits of $1 million per occurrence / $2 million aggregate are standard for Condominium Pac and Condominium Pac Plus with an option for higher limits of $2 million per occurrence / $4 million aggregate available for Condominium Pac. • Advertising Injury and Personal Injury.• Medical Payments for $5,000 per person.• Damage to Premises Rented to You is included up to $300,000. Limit may be increased.• Blanket Contractual for all insured contracts.• Host liquor liability.• Limited worldwide coverage.• Products/Completed Operations coverage is included. (May be excluded on Condominium Pac Plus). • Web XTEND® endorsement is automatically provided for most Condominiums. Coverage includes personal injury, advertising
| Accounts Receivable – At described premises | $25,000 | Current limit increased by $100,000 |
| Accounts Receivable – In transit or at a location other than described premises | $25,000 | Current limit increased by $100,000 |
| Business Income and Extra Expense – Dependent Property | $10,000 | $25,000 |
| Business Income and Extra Expense – Newly Acquired Premises | $250,000 | $500,000 |
| Brands and Labels | None | $25,000 |
| Claim Data Expense | $5,000 | $10,000 |
| Computer Fraud | None | $5,000 |
| Electronic Data Processing Equipment/Data/Media – Electronic Vandalism | $25,000 | $50,000 |
| Electronic Data Processing Equipment/Data/Media – In transit or at a location other than described premises | $25,000 | $50,000 |
| Extended Business Income | 60 Days | 90 Days |
| Identity Fraud Expense | None | $15,000 (Annual Aggregate Limit) |
| Limited Building – Tenant Obligation | None | $5,000 |
| Lost Key Consequential Loss | None | $500 |
| Newly Acquired or Constructed Property – Business Personal Property | $250,000 | $500,000 |
| Ordinance or Law – Increased Period of Restoration | $25,000 | $50,000 |
| Ordinance or Law – Tenants Improvements and Betterments | Not Included | Included |
| Outdoor Trees, Shrubs, Plants and Lawns | $3,000 | $5,000 |
| Unauthorized Business Card Use | None | $5,000 |
| Utility Services Direct Damage – Water, Power and Communication | None | $2,500 |
| Utility Services Time Element – Water, Power and Communication | None | $2,500 Water, Power and additional Communication coverage at each described premises (24-hour waiting period) |