Wind/Hail Deductibles Buy Back
Offered by MiniCo Insurance
Description
MiniCo Insurance Agency offers 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 of up to 5% are becoming more common in the most challenging locations.
Program Benefits:
• Lowers deductible to as little as 1% or a specific dollar amount
• Decreases potential out-of-pocket financial exposure
• Compliance with mortgage deductible requirements
• Offers agents greater flexibility when discussing coverage
Features:
• A.M. Best “A” rated non-admitted carrier
• Storage and non-storage risks
• Stand-alone policy
• Knowledgeable underwriters
• Claims handled by MiniCo’s experienced in-house staff
Contact a MiniCo underwriter to learn more.
800-528-1056
or e-mail customercare@minico.com
Sample Deductible Buy-Back Premiums
Florida
Building limit - $1.8M
5% wind & hail deductible - $90K
Buy back to 2% deductible - $36K
Deductible reduction - $54K
Premium: $3,443
Texas Coastal
Building limit - $1.8M
5% wind & hail deductible - $90K
Buy back to 2% deductible - $36K
Deductible reduction - $54K
Premium: $2,754
Wind and hail deductibles for commercial property are on the rise in many areas of the United States. Deductibles of up to 5% are becoming more common in the most challenging locations.
Program Benefits:
• Lowers deductible to as little as 1% or a specific dollar amount
• Decreases potential out-of-pocket financial exposure
• Compliance with mortgage deductible requirements
• Offers agents greater flexibility when discussing coverage
Features:
• A.M. Best “A” rated non-admitted carrier
• Storage and non-storage risks
• Stand-alone policy
• Knowledgeable underwriters
• Claims handled by MiniCo’s experienced in-house staff
Contact a MiniCo underwriter to learn more.
800-528-1056
or e-mail customercare@minico.com
Sample Deductible Buy-Back Premiums
Florida
Building limit - $1.8M
5% wind & hail deductible - $90K
Buy back to 2% deductible - $36K
Deductible reduction - $54K
Premium: $3,443
Texas Coastal
Building limit - $1.8M
5% wind & hail deductible - $90K
Buy back to 2% deductible - $36K
Deductible reduction - $54K
Premium: $2,754
Details
Has Pen
Appointment Required
Carrier Information
Non-Admitted
Offered By
Availability 50 states + DC
Alabama
Alaska
Arizona
Arkansas
California
Colorado
Connecticut
Delaware
District of Columbia
Florida
Georgia
Hawaii
Idaho
Illinois
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maine
Maryland
Massachusetts
Michigan
Minnesota
Mississippi
Missouri
Montana
Nebraska
Nevada
New Hampshire
New Jersey
New Mexico
New York
North Carolina
North Dakota
Ohio
Oklahoma
Oregon
Pennsylvania
Rhode Island
South Carolina
South Dakota
Tennessee
Texas
Utah
Vermont
Virginia
Washington
West Virginia
Wisconsin
Wyoming
Covered
Not Covered
Share This Listing
Contact This Company
