Middle Market
OF PROTECTION
Top 10 reasons to place your commercial real estate clients with The Hartford
Let’s partner together to offer commercial real estate owners and managers 360° of Protection with
comprehensive coverage from The Hartford. Take a look at the top 10 reasons why you can count on
us to be your go-to carrier for the commercial real estate industry:
➊ C lear, broad appetite spans commercial real
estate owners and managers that derive
the majority of their income through the
collection of rents and fees associated with:
• Office – Classes A, B and C office space
• Industrial – Manufacturing facilities, flex
and R&D buildings and distribution centers
• Retail – Independent buildings, open-air
strip centers and enclosed malls
protection, designed for owners who
➌ Asset
use triple net leases to transfer responsibility
for purchasing insurance on leased premises
to tenants, provides contingent property
and business income coverage if a tenant
fails to secure the required insurance.
➋ Property Choice® with SPICE® for real estate
owners and managers enhances business
income (business interruption) coverage:
• Anchor stores – Up to $100,000 business
income to the owner of a retail center for
loss of rent due to direct physical damage
to the real property of an anchor store
• Access to premises – Up to $50,000
business income to the owner of a retail
center for loss of rent due to direct physical
damage to an adjacent property if access
to the owner’s property is impeded
• Contract cancellation – Up to $50,000
business income coverage for loss of rent
if a tenant cancels their lease due to a
covered cause of loss
continued
Combine our package
coverages with our
competitive workers’
compensation
products to provide
360° of Protection for
commercial real estate
owners and managers.
➍ G L Choice® provides:
➑ C ommercial
• Coverage for newly acquired or formed
limited liability companies (LLC) and
limited liability partnerships (LLP) for up
to 45 days
• For property managers, additional insured
status for the individual investor-owners
who comprise the LLC or LLP that owns
the property managed by the insured, as
required by written contract between the
property manager and owner
• Choice of medical payments limits
of $2,500, $5,000 or $10,000 to
accommodate your client’s approach to
third-party claims
automobile, which
automatically
includes our broad
form endorsement
at no extra charge
(when we cover
owned vehicles),
covers:
• Owned vehicle fleets, rental vehicles and
non-owned autos
• Autos rented by employees on your behalf,
but in employees’ own name
➎
arine coverages include builder’s risk for
M
new construction and installation for new
equipment.
➏ C ommercial umbrella is available with up to
$25 million limits over The Hartford’s primary
GL or auto coverage.
➐ Loss Control consultants provide risk
management support important to
commercial real estate:
• Property loss control surveys, especially
valuable for multi-tenant properties
• Automatic sprinkler system evaluation
• Information on roof inspection and
maintenance, and on preventive
maintenance for electrical and
mechanical equipment
orkers’ compensation premium can be
➒W
paid with our XactPAY® pay-as-you-go billing
option, which matches your client’s premium
payments to their actual payroll. XactPAY
not only helps your clients manage cash
flow, it also mitigates audit surprises.
➓ C laims services include:
• 24/7 claim reporting, important in
commercial real estate where slips and falls
account for nearly 70 percent of thirdparty claims
• Claim fraud special investigators who
combat unfounded and unwarranted claims
Other optional coverages and services, as
well as limits higher than those cited, may be
available for additional premium.
Contact your Middle Market representative to design 360° of Protection for
your commercial real estate clients.
This document provides an overview of coverages and services. Coverages may differ by state. All coverages are individually underwritten. For a
complete description of coverage terms, including limitations, exclusions and conditions, refer to the insurance policy. In the event of a loss, the
terms of the policy issued will determine the coverage provided. All information and representations herein are as of November 2013.
13-0504 © November 2013 The Hartford Financial Services Group, Inc. All rights reserved.