We protect businesses from minor setbacks to major financial losses. We provide competitive rates and excellent coverage for monoline commercial property.
Businesses can get wind coverage for property in all areas above the Intracoastal Waterway.
Target Classes
- Restaurants
- Retail Stores
- Churches
- LRO
- Convenience Stores
- Strip Malls
- Retail Properties
- Office Buildings
- Vacant Buildings
- And Many More.
Limits & Deductibles
- Property limits up to $3m TIV wind — in-house
- Deductibles vary by location
What coverages are available?
- Wind/Hail
- Inland Marine
- Business Personal Property
- Business Income
- Spoilage
- Equipment Breakdown
Bind With
Lane
We understand the struggles of dealing with a competitive property market. When accuracy and time are factored in, it’s important you get all of the information needed upfront. But don’t worry, at Lane & Associates, we can help you COPE!
CONSTRUCION
Verification of the construction type prior to binding will prevent any issues when the inspection is reviewed. Some buildings will have multiple types and a percentage of each should be noted.
Building construcion types:
- Frame = wood construction
- Joisted Masonry = unreinforced concrete block masonry
- Non-Combustible = light metal frame
- Masonry Non-Combustible = reinforced masonry
- Fire Resistive = reinforced concrete with metal studs
Know your square footage. This will help us make sure the property valuation is reasonable. Understand the age of your property. When were the systems updated (electrical, plumbing, HVAC, roof)
OCCUPANCY
What will the building be used for? What type of occupant will use the space? List all occupancies if it is a multi-use building. Be sure to confirm if any flammables are being stored.
PROTECTION
Look for promising safety features in the property such as: sprinkler systems, alarms and fire extinguishers.
EXPOSURES
What uncontrollable exterior hazards is the space susceptible to that will have a negative impact in the long-term?
Learn more about these four pillars of property insurance and how Lane can help you COPE with your property submission.
