PPP: Technology Companies Insurance Appetite
PPP is a standard/admitted carrier. Online quoting available. CRE Umbrella is admitted in 46 states and DC (Non-admitted in NY, FL, CA, WA, HI; No coverage in GA). Package policies for Associations are available in 27 states including AZ, CA, CO, CT, DE, IL, NJ, NY (restricted), PA, and VA. Other classes for packages are available in 15 states including CT, DE, MD, NJ, NY, and PA.
Available Lines
| Line of Business |
|---|
| Business Owners Policy (BOP) |
| General Liability |
| Commercial Property |
| Workers' Compensation |
| Professional Liability (E&O) |
| Cyber Liability |
| Employment Practices Liability |
Premium Range
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Typical annual premium
Target States
30 states (AZ, CA, CO, CT, DC, and more)
Key Features
- Commercial Real Estate Umbrella (includes Disaster Response Coverage Endorsement ($50,000), Following Form coverages)
- Directors and Officers Liability (includes Punitive and Exemplary Damages, Insured versus Insured claims, Defense Expense for Breach of Contract Claims)
- Cyber insurance: Comprehensive cyber coverage for first-party and third-party risks targeting businesses of all sizes. (includes Incident Response Costs ($1M), Cyber Crime ($250k), Extortion ($1M))
- Residential & Commercial Packages (includes Umbrella limits up to $100M, Workers' Comp, Auto insurance)
Compare Other Carriers for Technology Companies
$1,500-$7,000
$3,000-$25,000
$4,000-$30,000
$1,000-$8,000
$800-$6,000
$3,000-$25,000
$600-$4,000
$2,000-$10,000
$2,500-$15,000
$1,500-$10,000
$2,000-$15,000
$2,000-$12,000
$500-$4,000
$1,500-$8,000
$2,000-$10,000
$3,000-$20,000
$1,500-$9,000
$1,500-$10,000
$1,200-$8,000
$1,000-$8,000
$2,500-$20,000
$500-$4,000
$3,000-$50,000
$2,500-$30,000
$400-$6,000
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