Commercial Property Buy Back Program

April 11, 2019

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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