Most insurance companies will not release claim payments until the deductible has been paid in full?
AWind Deductible Buy Backpolicy gives agents the ability to significantly reduce their client’s exposure to catastrophic financial loss. For example, a 5% deductible for a building insured for $1,000,000. is $50,000. – a considerable sum at any time, but especially after a storm.Deductibles can be reduced from 10% down to 1%, or a flat dollar amount that is easier for the client to manage.
Wind events covered by the primary policy will trigger the WBB policy to respond.
Occurrence & Aggregate form options
Builders risk available
Single-ply membrane roofs
All construction classes will be considered
25% minimum earned premium applies
$1,500 minimum premium
Coverage is available in all states
Leo Risk Services, Inc. is a full service MGA & Broker for all Property & Casualty lines of business.