Bankers has products designed specifically to meet the needs of small and medium-sized businesses like yours. And we continue to research and design new products with your business needs in mind. Your agent can help you decide which products give you the best coverage for your specific needs.
Business Owners Policy (BOP)
Our Business Owners Policy is designed specifically for small retail businesses, offices, condominiums with five or more attached units, apartment houses, and building owners who lease out their premises with similar occupancies. BOP gives you peace of mind because it covers several perils including property and general liability, as well as a wide array of options.
AZ, FL, LA.
Standard Flood
Flood insurance should be a high priority
for your clients to protect one of their most valuable
possessions - their business. Businesses can purchase
flood coverage for inventory, merchandise, machinery,
and even improvements made to a leased commercial
structure for up to $500,000. Almost 25 percent of all flood
insurance claims come from areas with minimal flood risk. The
federal government requires mortgaged properties in Special
Flood Hazard Areas (SFHA) to be insured against flooding.
Since flood insurance rates and coverage levels are set by the
government, they're the same regardless of the carrier you
choose. At Bankers, we’re committed to making it easy to do
business. We have online flood processing, file download,
multiple payment options and live chat if you ever need help.
Standard Flood is available in 39 states at this time. See the
link for state listing below.
Excess Flood
Excess flood provides the protection you need if your business structure is valued above the cap of your
Standard Flood policy. With a Banker's Excess Flood policy, you can increase the coverage on your business structure from $500,000 to $1 million, depending on the state. You can also increase the existing coverage on your contents, up to an additional $100,000. Excess Flood for businesses and homes is currently available in 19
states.
Artisan Contractors
This distinctive, innovative product was designed specifically for artisan contractor businesses with five or fewer employees.
Artisan Contractors provides general liability, fire damage and medical expense coverages as well as options for inland marine coverage and additional insureds.
Artisan Contractors covers small artisan contractors in dozens of classes.
AZ, FL, LA.
Contractors General
Liability
The Contractors General
Liability (CGL) program provides comprehensive liability
protection to meet the needs of the residential construction
industry in Florida, South Carolina, Alabama and Arizona. The
program is designed for builders of one- to four-family
dwellings. AL, AZ, FL, GA, SC, TX
Builders Risk
The Builders
Risk program provides course of construction
protection to meet the needs of residential
construction industry. The program is designed for
builders of one to four family dwellings and fee
simple townhouses. AL, FL, SC, TX.
Contract and Commercial
Surety Bonds
A
surety bond is an agreement where one party, the
surety, guarantees to another party, the obligee, the
performance of an obligation by a third party, the
principal. Bankers Insurance Company can meet the
bonding needs of businesses by providing third-party
Contract and Commercial Bonds to business owners.
Contract Bonds guarantee that the party will fulfill
his or her commitments according to contract
specifications. Commercial Bonds which are required by
most commercial entities. They guarantee compliance on
the part of individuals and firms with the laws,
regulations, or private agreements to which principals
become obligated.
PEO
We offer a complete Worker's Compensation Risk
Management program in Florida designed for small and
medium-sided business. Also available are is s
Short-Term Medical Plan for individuals and a Limited
Benefit Plan. Please call 877-987-9888 for more
information.
To find an independent agent near you, please contact us by phone at 800-627-0000, x4900 (national) or 727-823-4000, x4900 (St. Petersburg, FL) or send us an e-mail: BUImarketing@bankersinsurance.com.