NATIONWIDE INSURANCE VS STATE FARM BUSINESSOWNERS POLICY

NATIONWIDE INSURANCE VS STATE FARM: COMMERCIAL RENTAL PROPERY

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Comparison Breakdown

PROPERTY LIABILITY AND UMBRELLA COVERAGE

PROPERTY LIABILITY AND UMBRELLA COVERAGE

BUILDING COVERAGE $1,285,600
LOSS OF RENTS ACTUAL LOSS SUSTAINED
COMMERCIAL LIABILITY $2,000,000/$4,000,000
COMMERCIAL UMBRELLA $1,000,000

PREMIUM $2,444
BUILDING COVERAGE $1,217,000
LOSS OF RENTS ACTUAL LOSS SUSTAINED
COMMERCIAL LIABILITY $1,000,000/$2,000,000
COMMERCIAL UMBRELLA $NO COVERAGE

PREMIUM $4,301

Total Cost Savings: $1857 PER YEAR

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