Wind/Hail Deductible Buy-Back Program
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
Sample Deductible Buy-Back Premiums
Building limit 5% wind & hail deductible Buy back to 2% deductible Deductible reduction Premium |
$1.8M $90K $36K $54K $3,443 |
Building limit 5% wind & hail deductible Buy back to 2% deductible Deductible reduction Premium |
$1.8M $90K $36K $54K $2,754 |