BRITT/PAULK NEWS
Storage goes Mobile
Britt/Paulk Insurance continues to expand its Self Storage commercial insurance program. In response to changes within the industry, our appetite now includes Mobile Self Storage operations.
Presently we have a portfolio of individual policies to handle the Property, General Liability, and Inland Marine needs of these accounts. However, we are introducing enhancements to the Self Storage Businessowners Policy to streamline coverage and marketability. The expansion is rolling out as state filings are approved.*
The Mobile Self Storage Operators Extension Endorsement extends coverage to mobile containers owned and leased by the insured while: at any rental site, awaiting installation, in transit by the insured, or at a temporary storage location. Sub-limits for Flood and Earthquake are automatically provided, with options for increased limits at an additional premium. Coverage for Sale & Disposal Legal Liability and Customer Goods Legal Liability is also afforded for the mobile storage operator.
Because this industry is new and various types of business arrangements exist, our underwriting appetite focuses upon:
- Existing self storage facilities which also offer mobile self storage containers and services, in conjunction with their traditional storage business model.
- Dedicated mobile self-storage companies, which operate under a franchise or dealer arrangement for a specific territory. Such operations will have a dedicated warehouse or business premises used solely for storage of mobile containers.
We will not solicit accounts, which are identified as:
- Legal entities, which are household moving & storage companies or agents.
- Rental of ocean shipping containers, refuse containers, transport containers, or refrigerated food containers.
Agents should remember that Britt/Paulk offers a carrier, which writes the Business Auto Coverage along with its Self Storage BOP. The typical account should have these auto characteristics:
- Radius - under 200 miles
- Acceptable MVR for drivers - (agents should verify before submitting).
- Business use vehicles only - (no family autos on the schedule)
- Most franchises & facilities will have less than 5 autos and most trucks will not require a CDL.
Producers should always submit a copy of the customer contract with an application. If the account is a franchisee or dealer/distributor, information on the safety and loss control requirements of the franchisor is often helpful. Further risk details are outlined in our updated application, which is available under the Self Storage section of www.brittpaulk.com.
Self Storage, whether traditional or mobile, is an ever-changing industry. We also offer solutions for Umbrella, Employment Related Practices, Environmental Liability, Management Professional Liability, and Workers Compensation.
*For more information on state availability and underwriting, please contact David Campbell, CPCU, Underwriting Manager at dcampbell@brittpaulk.com or 800.842.8917 Ext. 7627
Watercraft Rental added to Marine & Yacht Program
”The addition of this facility will ease many agents’ concerns about quality of coverage for their clients who have rental boat operations,” comments Steve York, Marine & Yacht Program Manager.
Britt/Paulk is pleased to announce the newest addition to the Marine & Yacht Division’s stable of products; RENTAL BOAT COVERAGE.
This coverage is provided by an “A+”, Admitted Carrier basis. We are accepting from rental boats to kayaks to houseboats and include PWCs (wave runners or jet skis*) and ski boats.
Two important options to note:
- Watersport Liability-coverage for BI and PD in the event of an accident arising out of towing a person or persons
- Premises Liability-provides liability for the insured’s premises.
We can write single boat operations or large fleets and anything in between.
Fleet discounts apply. Expect quotes back in one day with a well prepared application.
* Not writing rental PWCs in Florida
For questions contact Steve York at syork@brittpaulk.com or 770.214.7646.
Check out the NEW Claims Page:
Britt/Paulk has recently added a new page to our website. Our Claims page is where all of the Loss Notice Apps and instructions for Claims processes will be housed. Agents will now be able to go to our website to conveniently locate claims information and forms. You will be able to fill the forms out using Adobe Reader and print them off for use.
Paperwork just got a little easier.