- Water Damage Sublimit
- Property per units limits:
- BPP including Improvements and Betterments
- Loss of Rents
- Loss of Assessments
- Misc. Real Property
- Lock and Key Replacement
- Tenant Relocation Expense (Not Available in Massachusetts)
- Three coverage options are available, providing different per unit limits for the BPP. This includes
- Improvements
- Betterments
- Loss of Rents
- Higher limits for BPP, Improvements and Betterments and Loss Assessments are available for an additional, easy-to-calculate premium.
Please refer to the Underwriting Guide for a full description.
|
Option A |
|
Option B |
|
Option C |
General Liability Policy Limits |
$1,000,000/$2,000,000 |
|
$1,000,000/$2,000,000 |
|
$1,000,000/$2,000,000 |
Water Damage Sublimit |
$100,000 |
|
$100,000 |
|
$100,000 |
|
|
|
|
|
|
Property per units limits |
|
|
|
|
|
BPP incl. Improvements and Betterments |
$25,000 |
|
$50,000 |
|
$75,000 |
Loss of Rents |
$ 5,000 |
|
$ 7,500 |
|
$10,000 |
Loss of Assessments |
$ 2,500 |
|
$ 2,500 |
|
$ 2,500 |
Miscellaneous Real Property |
$ 2,500 |
|
$ 2,500 |
|
$ 2,500 |
Lock and Key Replacement |
$ 500 |
|
$ 500 |
|
$ 500 |
Tenant Relocation Expense (Not available in Massachusetts) |
$750/$15,000 annual aggregate |
|
$750/$15,000 annual aggregate |
|
$750/$15,000 annual aggregate |