What if I told you there is a deductible buy-back solution for commercial properties?
There is! This is a good thing for the sudden unexpected Colorado Bomb Cyclones that are happening.
All Access Insurance is now offering a wind/hail deductible buy-back program for commercial property.
Wind and hail deductibles for commercial property are on the rise in many areas of the United States. Deductibles up to5% are becoming common in the most challenging locations.
Commercial property owners may lower their deductible to as little at 1% or a specific dollar amount. This decreases the potential out-of-pocket financial exposure and assists in compliance with the mortgage deductible requirements.
This is a stand alone policy offered by a A-Rated non-admitted carrier with storage and non-storage risks where claims are always handled by knowledgeable underwriters.
So let's give you a few examples:
FLORIDA
- Building limit = $1.8M
- 5% wind and hail deductible = $90K
- Buy back at 2% deductible = $36K
- Deductible reduction = $54K
- Premium = $3443
TEXAS COASTAL
- Building limit = $1.8M
- 5% wind and hail deductible = $90K
- Buy back at 2% deductible = $36K
- Deductible reduction = $54K
- Premium = $2754
Not in Florida or the Texas Coastal Region? Please call our office today for a personalized quote on this great program for commercial property owners!
Keeping you protected.
Rick
All Access Insurance in Littleton, CO, who represents multiple insurance companies as a “Broker” and provides products for auto, home, commercial, workers compensation, and much more! Call us today for a free quote at (303) 932-1700