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Boiler & Machinery Highlights

Program for Hotels and Motels

(Binding Authority to $20,000,000 in Property Limits!)

For Hotels and Motel exposures, we have arranged a program rate for their typical exposures. The program is very competitive with the other stand-alone Boiler products and we have included higher sub-limits than are typically found with our competitors.

We will automatically offer you a quote for a combined Property Damage, Business Income and extra expense with a minimum limit of $5,000,000. We can offer optional combined limits of $10,000,000, $15,000,000, $20,000,000. There is just one deductible for a combined loss as opposed to two with other companies. We have added a utility interruption endorsement back to the power grid as opposed to within 1,000 feet of described premises. These are just a few of our enhancements we have put together for this class of business.

Combined Deductible $1,000 except $25 per HP on Air Conditioning Units and Systems and their related, motors, compressors, pumps and piping (Minimum $1,000)

Minimum Premium of $400 applies

Coverage Comprehensive Form Covering Boilers, Pressure Vessels, Mechanical & Electrical Machines including Air Conditioning, Refrigeration Equipment Electrical Apparatus and Electronic Computer or Electronic Data Processing Equipment excluding Production Machines
Combined PD, BI/EE and Utility Limit $5,000,000 or $10,000,000 with an option to increase to $15,000,000 or $20,000,000      Property Damage Including Property in the Insureds Care Custody and Control and EDP Equipment
Combined Deductible: $1,000     with optional $2,500 or $5,000 options
Sub Limits $100,000      Water Damage
  $100,000      Ammonia Contamination
  $100,000      Expediting Expense
  $100,000      Hazardous Substance
  $500,000*

*May be increased to $1,000,000

     Demolition Increased Cost of Construction Demolition Increased Cost of Construction
Business Interruption Combined      Combined Bus. Interruption Including Extra Expense; (Form BM 1533)Annual Value $
Deductible Combined       
Utility Interruption Electric, Gas, Steam and Water      Coverage is provided back to the originating power grid (not limited to within 1,000 feet).
Limit Combined      as respects EE
Waiting Period 12 Hours       
OPTIONAL Consequential Damage $25,000      Products of the Insured solely while in storage
 
 

For a SECURE online quote or application for
Hotel/Motel Boiler & Machinery Coverages,
please make a selection below:

Hotel/Motel Boiler & Machinery Coverage Online Quote

Hotel/Motel Boiler & Machinery Coverage Online Application

Our online quote forms are on a SECURE SERVER, and any information provided by a consumer or customer
via our online forms WILL be held in the strictest confidence. No information will be shared with others.

 

Preferred Property Program®

960 Holmdel Road
Building 1
Holmdel, NJ 07733
        Toll Free:
Fax:
Email:
 (888) 548-2465
 (732) 946-0547
 khager@ppp-quotes.com
Licensed in all 50 states

Important Note: This website provides only a simplified description of coverages and is not a statement of contract. Coverage may not apply in all states. For complete details of coverages, conditions, limits and losses not covered, be sure to read the policy, including all endorsements. Please click here to read a copy of our Privacy Policy.


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