Inland Marine and Property Coverage

• Office Contents
• Miscellaneous Tools and Small Equipment
• Computer Systems (Equipment, Data and Media, and Extra Expenses)
• Scheduled Equipment (light, medium and heavy)
• Installation Floater ($10,000 minimum value)
• Rented/Leased Equipment (from others)
• Many other coverages available

Please get in touch with Underwriting with any questions or unusual circumstances.

Deductible

$1,000 all perils and all coverage.

Inspection

An inspection will be made after a policy is bound.

Payment Options

• BTIS Financed - BTIS can arrange financing through Best Choice Premium Finance.
• Full Annual Premium - The Producer may withhold commission and remit net payment in full.

Certificates of Insurance

If adding Insured or unique wording is required on the certificate, such a request must be referred to BTIS for approval. The Agent can provide evidence of Insurance.

Additional Insured Guidelines

Typically not applicable to Inland Marine or Property coverage.

Loss Payee and Lenders Loss Payee forms

Available upon request. In most cases, the Agent can process an Evidence of Coverage or Loss Payee form in their office.

Renewals

To receive a renewal quote, please submit your Acord forms by fax to 916.772.9292, Attn: Inland Marine Department. Policies will only be renewed if requested by the Insured or Producer, along with the appropriate documents and down payment. Payment must be received before the expiration date to avoid a lapse in coverage. Payments received after the renewal date will be renewed as effective on the date payment is received by the company (lapse in coverage). Payments received more than 14 days from the renewal date will be returned with no coverage afforded.

• Completed Acord forms 125, 126 and/or 140 and 146 if applicable
• Great American Schedule of Equipment if applicable
• Submit by email: imsubs@btisinc.com

Great American offers coverage for small artisan and service contractors. This program targets those contractors with real property that supports their construction operations. Office and warehouse exposures must represent the majority of the occupancies written. Coverage will be provided when the office or light retail exposures cohabitate with the contractor's office or warehouse occupancies. However, high-hazard occupancies will not be entertained. This program also covers contractor's equipment, office contents, installation property and/or electronic data processing equipment exposures.

Annual Minimum Premium

• $750 - Inland Marine per policy
• $250 - Per line of coverage
• $2,500 - Property per policy (stand-alone)
• $1,850 - Property per policy (with Inland Marine coverage included)

Property

• Property may be added to Inland Marine coverage
• Real Property $1,000,000 total insured value
• Contents value $1,000,000
• Business Income of $450,000

Inland Marine

• Miscellaneous tools and equipment maximum total value of $50,000 with a $1,000 maximum value per item

Contractors Equipment

• Total value of all equipment $1,000,000
• Total insured value of any one item $250,000
• Equipment leased or rented from others is available

Installation Floater

• Any one job site $200,000
• At any location other than the job site, $10,000
• Property in transit $10,000

Computer Systems Coverage

• Total insured value of all covered property (Computer, Media, and Extra Expenses) $50,000
• Extra expense of $10,000
• Property at any unnamed premises $5,000

Reasons for Referral

• Risks with less than 2 years in business
• Risks whose insurance has been canceled
• Risks with bankruptcy in the past 5 years
• Risks with more than one Property or Inland Marine loss in the past 3 years
• Risks with a loss that exceeded $5,000 paid in the past 3 years
• Risks with annual leased or rented equipment expenses over $25,000
• Risks involved in any of the following activities: Auto/Truck Repair, Farming, Logging, Demolition, Reclamation or Landfill Work, Retailing, Roofing, Underground Work or Waterborne
• Risks that rent or own Asphalt Plants or Cranes

Waiver of Premium

Additional or return premium account balances of $10.00 or less will be waived.

Risks Cancelled or Non-renewed by Other Company

Please refer any risk canceled or non-renewed to Builders & Tradesmen's Insurance Services Inc. before submission. We ask that you please provide complete information regarding the reason for cancellation or non-renewal and the conditions or preventive steps taken by the Applicant.

Cancellations

Policies will be prorated (without penalties) when canceled for the following reasons:

• At the request of the company
• Nonpayment of premium
• Insured no longer has a financial or insurable interest in the property or business operation

When a policy is canceled for any reason other than outlined above, a penalty of 10% of the pro-ratebefore unearned premium will apply.

Reinstatement with a Lapse in Coverage Guidelines

To avoid a lapse in coverage, all outstanding issues must be addressed and/or payments must be received by Builders & Tradesmen's Insurance Services, Inc. prior to the cancellation date.