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Home> Products & Services> Climate Risk> Global Weather - ACE EVAC: Hurricane-related Mandatory Evacuation Coverage

 
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Climate Risk : Global Weather - ACE EVAC: Hurricane-related Mandatory Evacuation Coverage

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Product Description
  • Covers the business loss not covered by property insurance sustained due to a mandatory hurricane evacuation order
Minimums
  • Minimum premium: $100,000
  • Minimum deductible: first day of each evacuation
Limits
  • Up to $2 million of limit per location
Typical Client Profile
  • Businesses located in coastal areas such as North Carolina, South Carolina, Virginia, Georgia, Alabama, Mississippi and Florida, including theme parks, casinos, resorts, retail stores, restaurants, nursing homes and hospitals, and manufacturing facilities
Restricted Classes or Industries
  • N/A
Key Competitive Advantages
  • Unique insurance product that responds to a mandatory hurricane evacuation order
  • Property damage is not a requirement to claim for losses covered under the policy


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