American Family’s Businessowners Coverage
People have trusted American Family since 1927. Proactive Safety
And we’ve been protecting the livelihoods of business Reducing risks means reducing costs—and improving your
customers like you for over 30 years. Our size, strength bottom line. As an American Family policyholder, you’ll
and stability allow us to offer a broad range of high quality have access to board certified safety professionals, as well
products and services at a competitive price. When we say, as safety tools and materials, to proactively help you make
“All your protection under one roof ®”, we mean it. American your workplace safer for your employees and customers.
Family Insurance offers insurance products to meet your
needs no matter what your situation or life stage. We make
your insurance experience easy. Helping your business grow
In addition to protecting your business, American Family
is committed to helping it grow. We offer a host of online
Fast, fair claims resources that help turbo-charge your business with the
You can count on us when you need us the most with tools and strategies you need to stay on track and ahead
fast, fair and friendly claims service. Our claims adjusters of the curve.
understand the unique issues a business claim can present
and we’re dedicated to getting your business up and
running as soon as possible.
American Family Insurance.
All your protection under one roof. ®
Buildings Auxiliary Buildings Additional Coverages
Covers your described building, Business Personal You also receive these additional
outdoor fixtures (e.g. light poles and Property coverages that broaden your protection.
flag poles), building glass, permanently Provides Replacement Cost coverage
installed equipment and machinery, Business Income and Extra Expense
for business personal property located
and personal property you own and Coverage.
in auxiliary buildings.
use for maintenance or service of the Business Income covers the actual loss
NOTE: Businessowners Policy requires of business income you sustain while
building. Choose either Replacement
all Replacement Cost valued property be the damage is being repaired when your
Cost or Actual Cash Value coverage insured to 100% of the amount required
for your building, auxiliary buildings and operations must cease because of a
to replace the property. Loss payment
structures. penalties apply if the Limit of Insurance covered loss.
for property insured on a Replacement Coverage applies for 12 months from
Auxiliary Buildings and Cost basis is less than 80% of full
the date of loss. Coverage begins 72
replacement cost at the time of loss.
Structures hours after the time that a covered
Provides coverage for additional Covered Causes of Loss direct physical loss occurs to your
buildings (including vehicle garages You choose the coverage that is best property at your premises. The 72 hour
and storage buildings) and structures for your insurance needs. waiting period can be removed for an
(including fountains, pools and additional premium charge.
Risks of Direct Physical Loss. Insures
detached canopies) at the described
against all covered causes of direct Coverage also includes up to 60 days
physical loss except those specifically of coverage for ordinary payroll
Business Personal excluded or subject to policy limitations. expenses and up to 30 days of
Property Named Perils. Insures against the named Extended Business Income coverage
Provides Replacement Cost coverage Covered Causes of Loss: such as starting from the date operations
for personal property (including fire; lightning; explosion; windstorm or resume. The number of days that
computers) used in your business, and hail; smoke; aircraft or vehicles; riot or coverage is provided can be increased
leased business personal property you civil commotion; vandalism; sprinkler for each of these coverages for an
have a contractual responsibility to leakage; sinkhole collapse; volcanic additional premium charge.
insure, such as copy machines. If you action and transportation loss or Extra Expense coverage pays for extra
are a tenant, coverage is also provided damage to covered property in transit. expenses you incur during time repairs
for building glass for which you are are being made that you would not have
responsible and improvements and incurred had you not had a loss. This
betterments. Covers property of others includes expenses incurred to avoid
in your care, custody or control on an or minimize the time your business is
Actual Cash Value basis. suspended and/or to continue your
Business Income from Dependent if more coverage is needed for a Newly Acquired or Constructed Property.
Properties. Provides up to $5,000 building insured for Replacement Cost. Extends up to $250,000 Building
coverage for loss of Business Income coverage for 30 days on similar
Electronic Data. Coverage is provided
due to a covered direct physical loss buildings you acquire at another
for the cost of replacing or restoring
at a dependent property. The $5,000 premises or on which you begin
electronic data which has been
limit can be increased for an additional construction at the described premises.
destroyed or corrupted by a covered
premium charge. Coverage begins 72 Extends up to $100,000 Business
cause of loss. This additional coverage
hours after the covered loss occurs. The Personal Property coverage for 30 days
is subject to a $10,000 annual
72 hour waiting period can be removed on property that you newly acquire.
for an additional premium charge.
Dependent properties include property Interruption of Computer Operations. Optional Coverage/
owned by others on whom you depend Coverage is provided for Business Endorsements
to deliver materials or services to you, Income and/or Extra Expense arising (For an additional premium charge)
accept your products or services or from a business interruption caused by
destruction or corruption of electronic Outdoor Signs, Antennas and/or Fences.
attract customers to your business.
data by a covered cause of loss. This Provides on-premises coverage for
Inflation Protection. Your Building permanent installations of exterior signs,
additional coverage is subject to a
coverage automatically increases based antennas (including satellite dishes),
$10,000 annual aggregate limit.
on the Commercial Construction Cost and/or fences for covered losses.
Index. Your Business Personal Property The following coverage extensions
Builder’s Risk Coverage. Provides
coverage automatically increases based are also included. They broaden your
property coverage for motels,
on the annual percentage selected. coverage.
apartments, residential, condominiums,
Business Personal Property Limit – Accounts Receivable. Accounts receivable office or mercantile buildings under
Seasonal Increase The Limit of Insurance covers amounts due from customers construction.
for Business Personal Property that cannot be collected because
Employee Dishonesty Protects your
automatically increases by 25% to accounts receivable records have
Business Personal Property and Money
provide for seasonal variations if the been damaged by a covered loss. The
and Securities against loss resulting
Limit of Insurance is at least 100% of limit for on-premises loss is $10,000
from dishonest acts committed by your
your average monthly values during the while the off-premises limit is $5,000.
employees. Limit options starting at
12 months immediately preceding the Increased on-premises limits can be
date of covered loss. purchased for an additional premium.
Money and Securities Coverage. Provides
Debris Removal. Up to 25% of the Valuable Papers and Records. Valuable
inside-the-premises and outside-the-
amount paid for direct damage can papers and records coverage pays
premises coverage for loss caused by
be applied to pay for debris removal for the cost of reconstructing valuable
theft, disappearance or destruction
expense following a covered loss to records that have been damaged
when Special, Risks of Direct Physical
property at the described premises. We or destroyed by a covered loss. The
Loss property coverage is provided with
will pay up to an additional $10,000 if limit for on-premises loss is $10,000
limit options starting at $1,000.
the debris removal expense exceeds the while the off-premises limit is $5,000.
Limit of Insurance or the 25% limit. Increased on-premises limits can be Burglary and Robbery. Provides $5,000
purchased for and additional premium. inside-the-premises and $2,000
Pollutant Clean Up and Removal. Provides
outside-the-premises Money and
up to $10,000 coverage for your Personal Property Off Premises. Extends
Securities coverage, plus up to 25% of
expense to extract pollutants from land up to $10,000 for Covered Property in
the Business Personal Property limit for
or water caused by a covered loss. transit or temporarily at a premises you
all other covered property loss caused
Increased Cost of Construction. Provides do not own, lease or operate. by burglary or robbery when Named
up to $10,000 coverage for the Personal Effects. Business Personal Perils property coverage is provided.
increased costs incurred to comply Property coverage is extended up to Spoilage Coverage. Provides coverage
with enforcement of an ordinance or $2,500 at the described premises, for for direct physical loss to described
law in the course of repair, rebuilding, covered personal effects damaged by perishable stock at the described
or replacement of damaged parts of a covered loss, owned by you, your premises caused by breakdown of
a covered building when the building officers, your partners or members, your refrigeration, cooling/humidity control
is insured for Replacement Cost. managers or your employees. equipment or contamination by a
Ordinance or Law Coverage is available
refrigerant or power outage on or off
the described premises.
Utility Services – Direct Damage. Provides Utility Services – Time Element. Provides Water/Sewer Backup and Sump Overflow.
coverage for direct loss or damage coverage for Business Income or Extra Provides coverage up to limit selected
to covered property (Building and/or Expense caused by the interruption of to cover direct physical loss or damage
Business Personal Property) caused by water, communication or power supply caused by water which backs up or
the interruption of water, communication services. Coverage applies when a loss overflows from a sewer or drain or water
or power supply services. Coverage covered by the policy occurs outside of that overflows from a sump.
applies when a loss covered by the the described premises.
policy occurs outside of the described Earthquake. Provides coverage for
premises. Earthquake and Volcanic Eruption.
Business Liability engaged in your business activities Optional Coverage/
Provides liability coverage for that are within the scope of their Endorsements
accidents arising from your business employment. (For an additional premium charge)
operation if you are legally obligated Hired Auto and Non-Owned Auto Liability
to pay damages because of bodily Damage to Premises
Rented to You (Not available in Illinois, required in
injury, property damage or personal Georgia for garage occupancies).
and advertising injury. Personal and Provides up to $50,000 in liability
protection for property damage arising Hired Auto Liability provides coverages
advertising injury includes coverage for for any losses that may occur if you
false arrest, detention or imprisonment; out of fire or explosion to a premises
while rented to you or temporarily need to lease, hire or borrow an auto
malicious prosecution; wrongful eviction; in the course of your business. Non-
libel and slander. Defense costs incurred occupied by you. This coverage can
be broadened by adding the optional Owned Auto liability provides similar
by American Family on your behalf are coverage when another person is using
provided in addition to Business Liability endorsement, Broadened Coverage for
Damage to Premises Rented to You for their personal auto on behalf of your
limit selected. business.
an additional premium.
Provides coverage per person for
the cost of immediate medical care Professional Services
regardless of whether you are liable. Liability
Coverage applies for bodily injury only (For an additional premium charge)
caused by accidents that occur on the
Coverage applies to bodily injury,
insured premises. This coverage can be
property damage and personal and
excluded. Available limits vary by state.
advertising injury arising out of rendering
Employees as Additional or failure to render professional services
for barbers, beauticians, funeral
directors, manicurists, optical and
Your employees and volunteer workers
hearing aid services, opticians, limited
are additional insureds for covered
pharmacists, printers or veterinarians
Business Liability exposures while
(domestic animals only).
AMERICAN FAMILY’S BUSINESSOWNERS ENHANCEMENT ENDORSEMENT
Broaden your protection with our Businessowners Enhancement Endorsement.
This optional endorsement is available when building and/or contents coverage is written.
BuiIding and/or Business Personal Property
FEATURE INCLUDED IN OUR POLICY ENHANCED ENDORSEMENT LIMIT
Accounts Receivable $10,000 on premises/$5,000 off premises $100,000 on premises/$50,000 off premises
Arson Reward N/A $5,000
Business Income from Dependent Properties $5,000 $25,000
Debris Removal $10,000 $20,000
Described Premises Coverage within 100 feet of premises 1,000 feet of premises
Electronic Data $10,000 $25,000
Fine Arts Limited to Actual Cash Value $10,000
Fire Department Service Charge $2,500 $25,000
Fire Protection Devices Recharge Expense $5,000 $10,000
Interruption of Computer Operations $10,000 $25,000
Inventory and Appraisal N/A $10,000
Lock and Key Replacement N/A $10,000
Newly Acquired or Constructed Buildings $250,000 $500,000
Outdoor Property $2,500. Limit $500 per tree, shrub or plant $10,000. Limit $500 per tree, shrub or plant
Personal Effects $2,500 $15,000
Personal Property at Newly Acquired Premises $100,000 $250,000
Personal Property Off Premises* $10,000 $100,000, up to 90 days
Personal Property in Transit* $10,000 $15,000
Property at Fairs or on Exhibition* $10,000 $25,000
Preservation of Property 30 day limit 90 day limit
Seasonal Increase (Peak Season) 25% 50%
Tenant - Permanently Installed N/A $10,000
Machinery and Equipment
Valuable Papers and Records $10,000 on Premises/$5,000 off Premises $100,000 on Premises/$25,000 off Premises
Optional Coverages/Endorsements (An additional premium will be charged)
FEATURE AVAILABLE WITH OUR POLICY ENHANCED ENDORSEMENT LIMIT
Attached Outdoor Signs $1,000 $5,000 per sign
Detached Outdoor Signs Optional coverage available $10,000
Forgery or Alteration $2,500 $10,000
Money Orders and Counterfeit Paper $1,000 $5,000
Off Premises Utility Failure Optional endorsement $10,000 for Direct Damage and Business
Income and Extra Expense
Ordinance or Law $10,000 for increased cost of construction $50,000 - combined limit for demolition
only cost coverage, loss to the undamaged
portion of the building, and increased cost
Outdoor Fences and Walls $2,500 - outdoor fences only $15,000
(Additional coverage available for walls)
Surge Protection N/A Added peril
Liability and Medical Coverages
FEATURE INCLUDED IN OUR POLICY ENHANCED ENDORSEMENT LIMIT
Business Liability Coverage - Damage to $50,000 $200,000
premises rented to you
Damage to Property of Others N/A $2,500
*Does not apply to Money and Securities, Valuable Papers and Records or Accounts Receivable.
LET ME HELP YOU DETERMINE THE SPECIFIC COVERAGES AND RATES
FOR YOUR BUSINESS
1. Property Coverage (Insurance Limits of 100% of Value Required) (Required Coverage) AMOUNT OF ANNUAL
Covered Causes of Loss
q Risks of Direct Physical Loss q Named Perils
Deductible Options Property Deductible applies to all property coverages except
those marked with an asterisk [*]. (A specific deductible applies for these coverages.)
q $1,000 q $2,500 q $5,000 q $10,000 q Other $__________
Note: A $5,000 deductible applies to any vandalism damages to your covered property that occur within a residential
tenant’s rental unit when you are the landlord.
Building Covers the described building. q Replacement Cost or q Actual Cash Value
Year Built __________ Type of Construction __________ $ $
Auxiliary Buildings and Structures
Includes any other scheduled buildings or structures at the described premises. $ $
Business Personal Property Include Inflation Percentage __________ $ $
Auxiliary Buildings Business Personal Property $ $
Business Income* (Included) – Increased Number of Days Available:
q Remove 72 hour waiting period
q Extended Number of Days for Ordinary Payroll Expenses (60 Days Included)
q 90 q 120 q 150 q 180 q 270 q 360 $
q Extended Business Income – Extended Number of Days (30 Days Included)
q 60 q 90 q 120 q 150 q 180 q 270 q 360 $
q Business Income From Dependent Properties ($5,000 Included) $ $
q Outdoor Signs* $__________; Antennas $__________; Fences $__________ $
q Employee Dishonesty* q $10,000 q $50,000 q $100,000 $ $
q Money and Securities Coverage* – Risks of Direct Physical Loss Only
Inside the Premises $__________; Outside the Premises $__________ $ $
q Burglary and Robbery* – Named Perils Only $
q Spoilage* $ $
q Utility Services – Direct Damage
q Water Supply q Communication Supply q Power Supply $ $
q Building Limit q Business Personal Property $ $
q Utility Services – Time Element
q Water Supply q Communication Supply q Power Supply $ $
q Earthquake* Deductible Percentage __________ $
q Increased On-Premises Limits for Accounts Receivable and/or Valuable Papers. ($10,000 Included)
Total Limit: Accounts Receivable $__________; Valuable Papers $__________
q Other _____________ $ $
2. Business Liability (Required Coverage)
Bodily injury, property damage and personal and advertising injury including
products/completed operations coverage is provided on a combined single limit basis.
$300,000 per occurrence/$600,000 annual aggregate is included. Higher limits are available. $
q $2,000,000 per occurrence/$4,000,000 annual aggregate $
q $1,000,000 per occurrence/$2,000,000 annual aggregate $
q $500,000 per occurrence/$1,000,000 annual aggregate
Business Liability Coverage - Damage to premises rented to you
Required by tenants with Risks of Direct Physical Loss Coverages $
Swimming Pool Charge: $__________; Number of pools __________ $
Professional Liability (Required for these professions)
Barbers, Beauticians, Manicurists, Funeral Directors, Optical Services
Number of professionals: __________ $
Hearing Aid Services, Printers - Number of establishments __________ $
(WA only) Hearing Aid Services - Annual receipts __________
Professional Liability (Optional for these professions)
Veterinarians - Number of professionals: __________
Limited Pharmacists - Prescription sales $__________ $
Hired Auto and Non-Owned Auto Liability (Not available in Illinois, required in Georgia for garage occupancies) $
Other $ $
Total Estimated Advance Annual Premium $
Your Estimated Premium Using Commercial Lines Billing $
This is not an application for, or offer of, insurance coverage.
An application to American Family Mutual Insurance Company or American Family Insurance Company will be required. Coverage features and limits vary by state.
Some products are not available in every state. Please check with your agent for the exact terms and conditions of your policy.
Consider American Family for your business insurance needs.
n Businessowners and Business Key Policies
Afford a full range of coverages for business property and liability
n Commercial Liability Umbrella
Provides additional liability protection with high limits
n Business Auto
Includes liability, medical payments and physical damage coverages
n Workers Compensation
Includes coverages for occupational disabilities, injuries and death
(Not available in all states)
n Employee Benefits Liability
Provides coverage for damages that result from an error or omission in the administration
of your employee benefit program.
Life insurance from American Family Life Insurance Company can help protect your business from financial
loss caused by the death of a businessowner, partner or key employee.
n Help pay off business debt
n Funding for a buy-sell agreement
Life insurance and annuity plans can help provide financial protection to your employees and their families.
n Life insurance policies for employees (e.g., Executive Bonus)
n Traditional IRA, SEP IRA, SIMPLE IRA – tax deductible retirement plans funded with annuities
n Roth IRA – funded with an annuity
This brochure represents only a brief description of coverages. Please read the policy for
exact details on coverages and exclusions.
American Family Mutual Insurance Company and its Subsidiaries
American Family Insurance Company ADB-10221—Rev. 4/10
Home Office – Madison, WI 53783 © 2010