FivestarSM
Contractors
ERIE's Fivestar contractors program is designed to meet
the insurance needs of today's contractors. It includes
coverages for your property, income protection and liability
needs.The coverage can also be tailored to meet your
specific needs with a wide range of optional endorsements.
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Property Coverage
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ERIE's broad building definition, in addition to
covering your buildings, includes permanent
attachments to the buildings, building equipment and
fixtures servicing the premises, personal property
you have for the service and maintenance of the
building, and building glass and glass wall cabinets
including lettering, ornamentation and burglar alarm
foil.
Your business personal property and personal
property of others will be protected by this policy
as long as it is located in or on your premises or
within 1,500 feet of your building.
Additional property protection is provided in the
additional and supplemental coverages as well.
- Coverage is provided on a replacement cost
basis, which eliminates any deduction for
depreciation should a loss occur.
- Coverage is provided on a comprehensive
basis, which provides coverage against all
causes of loss, including theft, except those
specifically excluded in the policy.
- You will not be penalized for non-compliance
with the standard coinsurance clause because
this policy does not contain one. However, for
your protection, it's important to insure to
value
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Income Protection
Because the income derived from your business is of
vital importance to you, income protection coverage
is offered in your policy. This important coverage
benefits you in the following ways:
- It guarantees your income to continue up to
the limits shown on the declarations while your
business is suspended if damage to your property
interferes with normal operations.
- During the critical seven-day period after a
loss, ERIE will advance up to $100 per day while
you determine your actual loss.
- ERIE will reimburse you for extra expenses
incurred to continue nearly normal operations.
- Actual loss of income for an additional 30
days, if your income after you resume operations
is less than it was before your loss.
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Mechanical & Electrical
Breakdown
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Coverage is provided for your boilers, pressure
vessels, refrigeration systems, piping, and
mechanical and electrical machines or apparatus used
for the generation, transmission or utilization of
mechanical or electrical power caused by mechanical
or electrical breakdown.
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Additional Property
Protection
This protection only apply if building or business personal
property is covered.
- Fences,walks and unattached outbuildings -
Up to $15,000
- Trees, shrubs, lawns and plants - Up to
$2,000 for any one loss
- Merchandise in shipment
- Refrigerated items
- Moving
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Supplemental Property
Protection
Your ERIE policy is a comprehensive protection
package. It includes all of the following important
coverages as additional amounts of coverage.
- Exterior sign, lights and clocks - Up to
$5,000
- Peak season - Increases coverage for
business personal property 25% during a peak
season
- Temporarily off premises - Up to $15,000
- Debris removal - Up to 5% of the total
coverage amounts for your buildings and business
personal property, plus $5,000 for clean-up
after a loss
- Pollutants clean - up and removal - Up to
$10,000
- Demolition cost - Up to $15,000
- Newly acquired property - Up to $500,000 for
buildings, up to $250,000 for business personal
property and up to 250,000 for loss of income
- Fire department service charges - Pays the
fire department service charge incurred as a
result of an insured loss
- Non-owned detached trailers - Up to $5,000
- Accounts receivable - Up to $5,000
- Valuable papers and records - Up to $5,000
- Plus many more additional property coverages
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Liability Coverage
Included in this coverage part are the following
liability coverages:
- Bodily injury and property damage
- Personal and advertising injury including
libel, slander, false arrest, defamation of
character, malicious prosecution, and invasion
of privacy
- Products and completed operations coverage
- Host liquor liability coverage
- Medical payments coverage
- Fire legal liability coverage
- Blanket contractual liability coverage
- Independent contractors coverage
- Elevator liability coverage
- Non-owned and hired automobile coverage
- And more
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Optional Protection
Features
FivestarSM Contractors coverage can be
endorsed to increase your protection or tailor the
policy to meet your specific needs. Some optional
coverages available are:
- FivestarSM contractors
enhancements endorsement
- Builders risk
- Installation floater
- Contractors equipment coverage
- Contractors tool coverage
- Electronic data processing equipment
coverage
- Employee dishonesty
- Mine subsidence coverage
- Voluntary property damage liability coverage
- And more
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