Commercial Lines

Personal Lines

Products - Commercial Lines

Business Owners Policy
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.

Artisan Contractors
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:

Contractors General Liability
Bankers Contractors General Liability (CGL) program provides comprehensive liability protection to meet the needs of the residential and light commercial construction industries as well as remodelers. The program is designed for builders of one to four family dwellings. Program highlights include:

• Admitted company for difficult to place residential

• General Contractors

• No exclusion for subcontracted work

• Targeted builders in production, semi-custom and custom home builders

• Claims specialist for construction defect claims

• Convenient direct bill payment plans available

Builders Risk
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

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. Remember, low risk does not mean no risk - 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.

Excess Flood
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.

Contract and Commercial Surety Bonds
Bankers now offers third-party Contract and Commercial Bonds to businesses. Contract Bonds guarantee a specific contract; Commercial Bonds, which are required by most commercial entities, guarantee compliance on the part of individuals and firms with the laws, regulations, or private agreements to which principals become obligated.

Examples of Commercial Bonds include License and Permit Bonds, which are needed to operate some types of business and guarantee that the work will comply with applicable codes and regulations. Contract Bonds which include Performance & Payment, Bid, Supply, Maintenance and Subdivision Bonds.

Workers’ Compensation Risk Management Program 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.