If you are an Access Home or State National Fire Insurance customer in Louisiana and Texas, click here for information about your policy being assumed by SafePoint.
A power surge damaged multiple appliances and electronics at a restaurant. After replacing much of the equipment, the insured installed a surge protection device on their main service line and upgraded all surge suppression devices connected to the new equipment.
Pays up to 10% of the paid equipment breakdown loss amount, to a maximum of $10,000, for power quality risk improvements where the covered property suffers direct physical loss or damage, regardless of whether the cause was a mechanical, electrical or pressure systems breakdown. The power quality improvement can be located anywhere at the loss location.
Pays up to $5,000 for spoilage loss that was not the result of a covered equipment breakdown loss. The resolution for loss must be due to calibration, re-setting, tightening, adjusting or cleaning.
Pays up to a maximum of $25,000 for a covered equipment breakdown loss to covered property while away from a covered location.
The limit for data restoration has been increased to $100,000.