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Omnibus Program
AN IMPORTANT PROPERTY/LIABILITY PACKAGE YOU CAN'T AFFORD TO BE WITHOUT
MSA Group offers a comprehensive business owners insurance package that protects your business property and provides liability coverage as well. Also included in our Omnibus business owners package is a Loss of Business Income and Extra Expense feature which compensates you for up to 12 months for loss of income that you have from your business and extra expenses you incur to keep your business going during that time.
These additional coverages are automatically included in our Omnibus package:
- Extended Value Replacement Cost Coverage. If you insure your building at 100% of its replacement cost, we will pay for repairs or replacement of up to 110% of the building limit of insurance.
- $10,000 in Employee Dishonesty coverage. Although we all like to believe that our employees would never commit a dishonest act against our businesses, the simple fact is that it does happen. With the Omnibus policy you can relax, knowing that you have coverage if this should happen to you.
- $10,000 for Computer equipment that you own or lease. It also covers equipment that is owned by others but in your care on your premises. Additionally, we provide $2,500 to cover the cost of reproducing data or programs that are lost due to computer viruses and/or various electronic disturbances.
- Systems Breakdown Coverage. This will cover accidental breakdown of air conditioning and refrigeration systems, electrical systems and other machinery and equipment.
Our optional Omni-Plus endorsement can offer even more protection for your business:
- Money & Securities coverage increased to $25,000 ($10,000 is automatically included in our Omnibus policy). This protects your business funds against theft, destruction or disappearance.
- $ 15,000 in Accounts Receivable coverage at described premises and $5,000 not at described premises. This will recover money owed to you that destroyed records prevent you from recovering.
- Fire Damage Legal Liability coverage increased to $500,000 ($50,000 is automatically included in our Omnibus policy). This will cover you for fire or explosion damage if you are renting your building or office.
- $ 25,000 in Increased Cost of Construction coverage ($5,000 is automatically included in our Omnibus policy). This will cover increased costs in construction due to changes in local or federal building codes.
- $ 5,000 in Personal Property of Others coverage. This will pay for damage that occurs to someone else's property while on your premises.
- Personal Property off Premises coverage increased to $ 10,000 ($5,000 is automatically included in our Omnibus policy). This will cover your equipment, supplies and other items that you use in your business while they are off your premises and/or in transit.
- Valuable Papers coverage increased to $ 15,000 at described premises and $5,000 not at described premises ($5,000 is automatically included in our Omnibus policy). This will cover the cost of research to reconstruct documents that are important to your business.
- $ 5,000 in Fine Arts coverage. This will cover decorative items such as paintings and sculptures.
- $ 10,000 in Water Back-up coverage. This will cover your buildings and business property for damage due to backed-up sewers or drains.
- $ 1,000 in Lock Replacement coverage. This will cover the cost of replacing locks on your premises if a key is stolen or lost.
- Up to $500,000 in Newly-Acquired Property/Building coverage. This will cover you for up to 30 days when you acquire additional property if you are unable to notify us immediately.
- $ 10,000 in Fire Department Service Charge coverage ($1,000 is automatically included in our Omnibus policy).
- Outdoor Property - $10,000 limit with a maximum limit of $1,000 for each designated item.
- Personal Effects increased to $5,000.
- $ 10,000 in Off-Premises Building coverage. This covers any building normally on your premises but temporarily off-premises to be cleaned, repaired, recon-structed or restored.
- $ 2,500 in Fire Protective Equipment coverage. This coverage pays to recharge or re-fill fire protective equipment as well as to clean up the fire extinguishing agent in the event you used your extinguisher.
- $ 10,000 Arson Reward Coverage. This coverage pays for information leading to the an arson conviction.
- Debris Removal is increased to $25,000
A host of additional optional coverages are available to meet your individual business needs. Please be aware that coverages and limits may vary by state, so please consult with your independent agent for more information.
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