Oak Ridge, TN, January 06, 2018 — Appalachian Underwriters, Inc., a leading insurance wholesale outlet, has developed a Monoline Sewer Back-up and Sump Pump Overflow product, exclusive to appointed agents. Offered through AUI Brokerage and available in all 50 states, this product covers a wide range of occupancy classes including habitational, lessor’s risk, restaurants, and much more.
“This coverage is typically excluded under most admitted and even some non-admitted policies,” said Mark Arnold, Brokerage Division Director.
Other coverage highlights include:
Consideration for accounts with previous losses
Business Income is available
Endorsements for off premise power failure
Coverage for damaged pipes and excavation
“A good example of coverage in action,” explains Aaron Reilly, Property and Casualty Broker, “A condo association’s property excluded sewer back-up when brown water filled a lower unit. Additionally, the association had a special assessment to all unit owners for the cost to repair the drywall and excavate pipes from the parking lot. The agent’s E&O policy responded.”
To learn more about Appalachian Underwriters, Inc., please visit www.appund.com.
Powered by WPeMatico
