RESTAURANT, RISTORANTE, GASTSTATTE, RESTAURANTE



PROGRAM GUIDE - ELIGIBILITY and REQUIREMENTS

Coverage is available as:
Commercial Package Policy or Monoline Commercial General Liability

Building (if owned) - Business Personal Property coverage - Commercial General Liability coverage for Premises Operations - Products & Completed Operations.

Application

USE: GIC UNDERWRITERS- RESTAURANT PROGRAM APPLICATION

Property Coverage Includes:

BuildingSchedule
Personal PropertySchedule
Business IncomeSchedule
Building - Mechanical Enhancement CoverageSchedule
Personal Property - Mechanical Enhancement CoverageSchedule
Outdoor Property$1,000
Personal Effects and Property of Others$5,000 ($2,500 / person)
Personal Property at Exhibitions, Fairs, and Trade Shows$10,000
Valuable Papers and Records$5,000
Arson, Reward$5,000
Debris Removal$10,000
Fire Department Service Charge$1,000
Lock and Key Replacement$1,000
Pollutant Cleanup and Removal$10,000
Recharge of Cooking Surface Fire Suppression Systems$2,000

Property Limits

MAXIMUM Property Limits Including WINDSTORM OR HAIL

THE MAXIMUM AVAILABLE LIMIT on any one risk, for all Section I exposures, with WIND OR HAIL is $1,250,000. This includes coverages for Your Business Personal Property and Business Income.

MAXIMUM Property Limits Excluding WINDSTORM OR HAIL

THE MAXIMUM AVAILABLE LIMIT on any one risk, for all Section I exposures, excluding WIND OR HAIL is $1,250,000. This includes coverages for ALL Buildings, Your Business Personal Property and Business Income.

AGE CRITERIA FOR BUILDINGS

Coverage for buildings over 50 years old will be unacceptable, unless an evidence of updates for heating, cooling, electrical and plumbing systems are included with submission.

ROOF AGE CRITERIA FOR BUILDINGS WITH WIND COVERAGE

Buildings over 25 years old- Evidence of roof replacement will be required upon binding.
Acceptable evidence: Roofing permit.

EQUIPMENT BREAKDOWN COVERAGE INCLUDED

Every policy covering property (Buildings or BPP or both) automatically includes coverage for damage caused by such perils as artificially generated electrical current, mechanical breakdown, pressure equipment losses and more.

The following is just a sample of the type equipment that can be protected by equipment breakdown coverage:

General Liability

Maximum Coverage Limits:

Coverage

We will offer Commercial General Liability Occurrence Form.

Policy Forms and Rate

Insurance Service Office and GIC Rules, Loss Cost Rates and Forms apply in all cases

Territory

State of Florida ONLY

Eligible Types

Minimum Requirements

Granada's Restaurant Unacceptable Exposures


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Updated 11/14