Get DirectionsMeiners Insurance is an independent insurance agency located in Avon Lake, OH. We offer a wide range of commercial insurance products and can tailor a policy to fit your specific needs. When you are shopping for commercial insurance, it is important to know what is and isn’t covered in a policy. No two policies are exactly alike, and exclusions vary from company to company. However, there are some exclusions that are fairly standard in the insurance industry.
Here are four of the most common exclusion in commercial insurance policies:
1. Intentional Acts: If you or one of your employees intentionally damages property or harms someone, your commercial insurance policy will not cover the resulting damages. This includes damage caused by vandalism, terrorism, and riots.
2. Criminal Acts: If you or one of your employees commits a crime, your commercial insurance policy will not cover any damages that result from the criminal act. This includes damage caused by fraud, theft, and embezzlement.
3. War and Nuclear Hazards: Most commercial insurance policies exclude damage caused by war or nuclear accidents. This is due to the fact that these events are typically uninsurable.
4. Pollution: Many commercial insurance policies exclude pollution-related damage. This includes damage caused by hazardous materials, mold, asbestos, and lead paint. If you need coverage for pollution-related risks, you will need to purchase a separate pollution liability policy.
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These are just four of the most common exclusions in commercial insurance policies. It’s important to read your policy carefully so that you understand what is and isn’t covered. If you have any questions about your coverage, contact Meiners Insurance Agency in Avon Lake, OH. We would be happy to help you find the coverage you need at a price you can afford!
