The Hanover Insurance Group Inc. introduced Real Estate Advantage, an insurance program that offers cost-effective and comprehensive specialty coverages to meet the unique needs of commercial real estate owners and managers.
The program offers insurance protection for commercial property, general liability, commercial crime, commercial auto, commercial umbrella and workers' compensation. Property owners also may broaden their coverage and increase limits beyond the basic package through a broad range of endorsements and optional coverages that address specific industry risks.
The program's endorsements include coverage for alternative key systems, anchor store business income, denial of access, lease cancellation, lost keys, movement of property, outdoor property, paved areas, realty taxes, tenant move back expense and unintentional property reporting errors. The Hanover also offers a contingent property endorsement for properties under triple-net leases as well as several other real-estate specific general liability endorsements.
For more information, visit www.hanover.com.
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