Commercial Lines Business Extender – MHC-500Plus & CCIC-500Plus

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June 7, 2022

 Business Extender for SMP, BOP and Commercial Fire

Our Business Extender can give the insured that little bit extra that can really make the difference during a claim.  For an additional premium (SMP/CF $275 and BOP $225 or about $9-$11 per coverage) twenty-five additional coverages are offered.  The extender coverage applies in excess over other coverages contained in your policy.  

For reference, here is a sample of our Business Extender coverages:

  • Added Water Damages – $10,000
  • Building Ordinance and Law – $50,000
  • Glass Coverage – $5,000 per occurrence
  • Information Systems Coverage – $10,000
  • Off Premises Power Coverage – $5,000
  • Pollutant Clean Up Coverage – $10,000

Please refer to the business extender form for “What We Pay For” and “What We Do Not Pay For”.  Agents, please contact your Underwriter/Underwriter Assistant and insureds please contact your agent, to obtain a copy of the form and/or to discuss the benefits of the Business Extender.  We look forward to reviewing with you and we thank you for working with Statewide!

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