Coverage Enhancements

Business Insurance Coverage Enhancements Pekin InsurancePekin Insurance works hard for your business with the following coverage enhancements that will strengthen the protection from losses that could cost you your business.

Enhancements Designed for Your Business

A few of the 52 beneficial coverages include:

  • Business Income
  • Employee Dishonesty
  • Forgery and Alteration
  • Ordinance or Law (included in Building Limit)
Some of the valuable 20 coverages are:

  • Automatic General Aggregate Limit per Construction Project when Required in a Written Contract
  • Voluntary Property Damage Coverage
  • Care, Custody & Control Property Damage Liability Coverage
  • Property Damage Liability Coverage for Damage to Electronic Data
  • Broadened Liability Coverage for Damage to Premises Rented by the Insured

Enhancements Designed for Your Contracting Business

Designed specifically for contracts and includes the following coverages:

  • Tools & Equipment Owned or Long-Term Leased on an Unscheduled Basis
  • Tools & Equipment Leased or Rented on a Short-Term Basis
  • Rental Reimbursement
  • Installation Coverage
  • Electronic Data and Media
  • Electronic Data Processing Equipment (replacement cost basis)
  • Valuable Papers and Records Coverage
  • Accounts Receivable Coverage

Provides coverage for damage to the insured’s faulty work and defective products caused by a negligent act, error, or omission by the insured while acting in the insured’s business capacity or from a defect in material or a product sold or installed by the insured while acting in this capacity.

Enhancements for Your Retail Business, Church, Funeral Home, and Apartment Complex

To protect your business from risk, add this important endorsement with 29 comprehensive coverages. Listed are a few of these significant coverages:

  • Accounts Receivable
  • Attached Outdoor Sign
  • Business Personal Property While in Transit
  • Computer Hardware
  • Employee Dishonesty
  • Peak Season Coverage
  • Spoilage – Power Outage
  • Valuable Papers & Records

Includes the following comprehensive coverages:

  • Supplementary Payments for Cost of Bail Bonds
  • Supplementary Payments for Loss of Earnings for Time Off Work in Defense of Claim
  • Extended Non-owned Watercraft
  • Liability Coverage for Damage to Premises Rented by Insured for Fire, Explosion, and Sprinkler Leakage
  • Incidental Medical Malpractice
  • Automatic Coverage – Newly Formed or Acquired Organization
Provides coverage for damages arising from negligent employment practices.
Coverage for accidental loss to covered equipment caused by mechanical breakdown, artificially generated electrical current, and other covered disruptions of business.

Enhancements for a Commercial Auto Policy

Includes the following useful coverages:

  • Replacement Cost
  • Loan/Lease Gap Coverage
  • Rental Reimbursement
  • Communication Equipment
  • Personal Property & Business Personal Property
  • Drive Other Car
  • Hired Auto Physical Damage

See what Pekin Insurance can do for you.