The answer to contractors' business
insurance needs.
It contains valuable coverage and
features for various contracting trades. And, as an
added benefit, it offers special optional coverages
to address the specific needs of your business.
Property Protection
American National Property and Casualty
Company's (ANPAC®) Contractors Advantage policy
includes coverage for your buildings, permanently
installed equipment, outdoor fixtures (including signs)
and business personal property.
Other coverages include:
- Newly acquired property.
- Property in transit or temporarily off premises.
- Valuable papers and records, including electronic
or magnetic media.
- Money and securities on or off premises.
- Tools, equipment and building materials, whether
on or off premises or in transit.
- Property of others while in your care, custody
or control.
- Loss Of Income
Your business income is paid, up
to twelve months, when your business is interrupted
by an insured peril. Contractors Advantage also pays
for certain extra expenses needed to resume normal
business operations.
Liability Protection
Liability coverage is valuable protection
in the event of suit, due to a negligent act in the
course of your business. This important protection
is an automatic feature of Contractors Advantage,
and is available in various amounts to serve your
needs.
The following items are included:
- Premises and Operations
- Products/Completed Operations
- Personal Injury
- Advertising Injury
- Fire Legal Liability
- Contractual
- Special Features
In addition to the coverages outlined
here, you will also benefit from an array of special
features found in Contractors Advantage:
Replacement Cost Coverage.
Pays the cost of replacing your buildings or business
personal property with materials of like kind and
quality at current prices. Coverage on an actual cash
value basis is optional.
Automatic Increase in Insurance.
Prevents inflation from devaluing your insurance protection
by automatically increasing the amount of coverage
on your buildings each year. A choice of percentages
is available on an optional basis.
Peak Season Coverage.
Increases your limit for business personal property
automatically -- a valuable feature if your inventory
fluctuates seasonally.
Deductible Options.
Allows you to choose higher deductibles if you want
to benefit from possible additional savings.
Premium Discounts.
Lowers your payments with credits for qualified security
systems.
Payment Plans.
Spreads out your premium payments to free up capital
for current business needs.
Optional Coverages
Depending on your exact business
needs, you may want to include some of the following
coverages in your policy:
- Hired and Non-owner Auto
- Mechanical Breakdown
- Employee Dishonesty
- Employee Benefits Liability
- Outdoor Signs
- Accounts Receivable
- Valuable Papers and Records in higher limits
- Earthquake
