Providing a solid core product for your commercial lines business, Bankers Business Owners Policy is designed for small- to medium-sized businesses, focusing on the needs of retail, mercantile, office and habitational occupancies, including business owners who lease out their premises to similar occupancies. The product provides commercial multi-peril coverage, including property, business interruption and general liability, along with many coverage extensions as part of the core product.

• Accounts Receivable

• Arson Reward

• Automatic Seasonal Increase

• Depositors Forgery

• Employee Dishonesty

• Money & Securities

• Outdoor Property

• Signs

• Valuable Papers & Records

A distinctive and innovative product, Artisan Contractors enables you to market specifically to small artisan-contractor businesses, typically with five or fewer employees – a market with strong potential that is often overlooked. Artisan Contractors offers general liability, fire damage and medical expense coverages as well as options for inland marine coverage and additional insureds. Artisan Contractors’ rich target market includes dozens of classes of trades and craftsmen contractors providing services like:

• Carpentry

• Plastering and stucco

• Electric work

• Plumbing

• Masonry

• Floor covering installation

• Painting and paperhanging

• Tile, stone, marble, mosaic or terrazzo work

• Landscape maintenance & gardening

• Swimming pool maintenance

The Builders Risk program provides course-of-construction protection to meet the needs of the residential construction industry. The program is designed for builders of one to four family dwellings and fee-simple townhouses. Program highlights include:

• Competitively priced coverage

• Pay-as-you-go reporting-form policy
• Flexible terms for unsold dwellings

This product provides valuable protection for business owners by enabling them to purchase coverage above the existing cap on a standard flood policy. With Bankers Excess Flood, business structure coverage can be increased from $500,000 to $1 million depending on the state. Contents coverage is also available, providing up to an additional $100,000.

Construction Contract Bonds provide financial and performance assurance that building and other construction projects will be completed on time, within budgets and in accordance with plans, specifications, and contract terms. These bonds also guarantee that certain subcontractors, laborers, and material suppliers will be paid so that the project is completed free of all liens. Contract bonds include various types: bid, performance, payment/supply, subdivision and maintenance.

Commercial Bonds are a classification of bonds that refers to all bonds other than construction contract. Commercial bonds cover obligations typically required by law guaranteeing adherence with applicable codes, statutes, court orders and regulations. Each bond is unique to the circumstances at hand. Examples of commercial bonds include: court, judicial, license/permit and miscellaneous.

Workers’ Compensation Risk Management Program
(in FL only)

Our PEO, Bankers Employer Services, offers Florida businesses a comprehensive Workers’ Compensation Risk Management Program, including job site safety analysis, safety inspections, problem-specific safety training, health/wellness programs, post-accident drug testing, and assertive claims management. Also available are medical and benefit programs for individuals and small businesses.

 

Bankers homeowners coverage provides both property and liability coverage and a variety of optional endorsements. Distinguished by excellence in customer service as well as Internet rating and convenient, personalized underwriting, our homeowners product also delivers fast, efficient handling for both individual claims and catastrophe scenarios. Our Internet processing is fast and easy to use and is designed to provide your customers with every opportunity for a competitive rate based on the risk. Optional coverages include:

• Package Endorsements

• Identity Fraud

• Golf Cart

• Water Backup

• Home Computer

Available as a stand-alone product, Dwelling Fire provides a viable alternative to homeowners coverage for specific types of residential properties, particularly those that are not primarily owner-occupied. It’s also attractive to insureds who don’t want or need the full range of homeowners coverage, or for those dwellings that contain more living units than homeowners coverage allows. We also offer coverage for tenant-occupied condos and builders risk. A variety of property and liability coverages are available.

Flood insurance should be a high priority for your clients to protect one of their most valuable possessions - their home. Single-family homeowners can purchase flood coverage for their residential property up to $250,000. Homes in low-risk areas may qualify for our Preferred Risk Policy (almost 25 percent of all flood insurance claims come from areas with minimal flood risk). Condo owners and renters can purchase protection for their contents up to $100,000. 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.

Bankers Excess Flood product meets a critical need in the industry by protecting those properties valued in excess of the limits of a standard flood policy. This product can increase a single-family homeowner’s coverage by as much as $1 million depending on the state, providing both contents and building coverage options.