Comprehensive Packages and Monoline Property

Hospitality Program

Ascendant Business Insurance Solutions is offering stand-alone property coverage and commercial property packages. We are actively writing coastal and non-coastal properties with wind and ex-wind.

Property

Our monoline property market is available for coastal and non-coastal areas including wind coverage. Ex-wind is available. Minimum premium starts at $25,000. Maximum Building TIV is $40M.

Commercial Package Policy

We are committed to providing access to specialty target markets, offering comprehensive coverage.

  • Apartment Buildings
  • Lessor’s Risks
  • Office Risks
  • Retail
  • Shopping Centers

 

Hospitality Program

Programs are designed to meet the unique and changing needs of the hospitality industry, while providing an array of comprehensive coverages. We offer Liquor Liability, General Liability including A&B, Building and Business Personal Property, Business Income, Sign and Crime. Coverage is written excluding wind. TIV not to exceed $2M. Liability Limits up to $1M.

  • Restaurants (including live entertainment)
  • Bars/Taverns
  • Coffee/Doughnut Shops
  • Ice Cream Parlors
  • Sports Bars
  • Take Out Restaurants
  • Cafeterias
  • Hookah Bars

 

Craft Brewers and Distillery Program

A comprehensive program designed specifically for Craft Beverage Brewers & Distillers. Coverage is written through a Commercial Package Policy offering specialized coverage enhancements to meet the unique insurance needs of this niche market.

Target Classes

  • Brew Pubs
  • Micro Breweries
  • Regional Craft Breweries
  • Nano Breweries
  • Micro/Craft Distilleries
  • Specialty Craft Beer/Wine Shops

 

Coverages/Limits

  • Commercial Package Policy
  • Commercial Property (including wind with a 5% wind deductible)- Limits up to $2M TIV
  • Commercial General Liability- Limits up to $1M/$2M general aggregate
  • Liquor Liability
  • Equipment Breakdown
  • Hired and Non-Owned Auto
  • Commercial Umbrella (General Liability)

 

Coverage Enhancements

  • Beverage and Product Leakage
  • Spoilage Coverage
  • Peak Season- coverage for increased inventory to meet seasonal demands
  • Product Recall Expense
  • Off-Premises Service Interruption (including overhead transmission lines)
  • Special Events Coverage (Craft Beverage Festivals, Tastings, etc.)
  • Tour Liability
  • Supplementary Payments (compensating for Loss of Earnings, Bail Bonds)