Innovative Coverage for Office and Industrial Real Estate Portfolios

Today's real estate world presents new opportunities and new risks.  Travelers has the size and financial strength to scale with you in this evolving landscape.  With a long history of helping property owners and managers realize the value of their portfolio, Travelers has tailored our commercial real estate coverage for the office and industrial markets.

Our industry expertise, local service and countrywide operations can help you contain costs and reduce disruptions to your business in three key areas: Day-to-day operations, catastrophe response and emerging risks.

Manage day-to-day your expenses across any building type by implementing smart coverage and preventive measures to help protect your properties and your tenants.

• General Liability Xtend Endorsement for Service Industries bundles 16 coverage extensions that real estate businesses find useful: Broad Named Insured Wording, which automatically includes entities in which you have majority ownership interest.  Reasonable Force - Bodily Injury or Property Damage covers unexpected damage from reasonable force to protect any person or property.
• Property coverage includes Ordinance & Law to cover losses resulting from the enforcement of laws or ordinances related to construction or repairs of buildings.
• Commercial Automobile coverage includes protection from non-owned exposure, such as an employee running an errand using a personal vehicle.
• Umbrella coverage provides additional coverage to your General Liability and Commercial Automobile policies to protect your asset.
• Workers Compensation coverage includes access to Medical Advantage^SM program, which provides early intervention designed to help employees recover from their injuries and return to work sooner.
• Additional coverages include Builders' Risk for renovation and construction projects, Directors & Officers to protect management teams and Equipment Breakdown for the repair or replacement of key equipment.

Having the right coverage during a natural disaster or other catastrophe can help you get your tenants back in their spaces sooner.

• Business Income Rental Value coverage will pay for continuing expenses and loss of income from your rental properties, in the event of a covered loss.
• Utility Services coverage protects your business from loss resulting from lack of electricity caused by damage from a covered cause at a utility generating station or other property away from your premises.
• Contingent Building coverage protects your building should your leased tenants fail to provide adequate property insurance.
• Tenant Movement Expenses covers the cost to move tenants back into a building after repairs have been completed.

Innovative coverage for emerging risks from Travelers can help you navigate through new exposures, so you can concentrate on growth.

• Travelers CyberRisk coverage is available for organizations of all sizes.  Offered as a standalone policy or as part of a suite of other management liability coverages, CyberRisk provides a combination of coverage options to help protect your business.  Our coverage includes access to the Travelers eRisk Hub^® powered by NetDiligence^®—an information portal that includes reference material, news updates and other tools that may be helpful in avoiding a breach.
• Green Building coverage will pay to recertify and rebuild to green standards if there is a coverage loss to one of your properties.  Our account executives can also help you evaluate the potential risks of adding green technology, such as solar panels.