business owners policy Flashcards
apt building limits
six stories and no more than 100,000 feet
mercantile or business limits
cannot exceed $3,000,000 in sales
restaurants
cannot exceed 3,000,000 in sales, 7500 ft, and 75 persons
convenience store w gasoline pumps
gasoline sales are less than 50%
contractors
less than $3,000,000 gross receipts and 300,000 payroll
newly acquired locations
30 day coverage 250,000 or bpp 100,000
off premises coverage
$10,000
outdoor property
2,500
accounts receivable
10,000 on premises
5,000 off premises
debris removal
25%
civil authority
3 weeks
forgery and alteration
2,500
outdoor signs
1,000
increased cost of construction
10,000
counterfeit money
1,000
fire extinguisher
2,500
burglary and robbery
standard form only 25%
section III
common policy condtiions
storage facility
2 stories
fire department charge
1,000
personal property limit
5,000