Gaps In Commercial Lines Coverages

Dear (Customer Name),

I would like to review four different areas of commercial insurance with you.

First, you are aware of the tremendous rise in replacement cost on buildings, furniture, and fixtures. If we are providing property insurance for you, and we have not increased your values in the past two years, you need to call us. We believe you should give serious consideration to endorsing your policies to reflect an increase in line with present-day replacement costs. This will avoid a coinsurance penalty in case of a loss.

Also, there are three areas of your liability policy that need to be given careful consideration. If you are not presently covered in these three areas, we have checked the square in red at the bottom of this letter.

If you have any questions, please call our office, and we will be happy to discuss any of the above with you.

Sincerely,

[ ] PRODUCTS & COMPLETED OPERATIONS

[ ] PERSONAL INJURY

[ ] MILLION DOLLAR EXCESS