Did you Know?

Most insurance companies will not release claim payments until the deductible has been paid in full.

A Wind Deductible Buy Back policy 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.

Highlights

  • Wind events covered by the primary policy will trigger the WBB policy to respond.
  • Follow-form coverage
  • Occurrence & Aggregate form options
  • Builders risk available

Eligibility

  • Barrier islands
  • Shingle roofs
  • Built-up roofs
  • Single-ply membrane roofs
  • Metal roofs
  • Builder’s risks
  • All construction classes will be considered

Conditions Include

  • 25% minimum earned premium applies
  • $1,500 minimum premium

Coverage is Available in All States

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 Leo Risk Services is an independently owned Commercial Wholesale Broker with more than 35 years of experience in virtually all lines of insurance.

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  • Leo Risk Services

    2535 Landmark Drive, Suite 102
    Clearwater, FL 33761

  • Phone

    (727) 734-0040

  • Email

    info@leoriskservices.com

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