attune Businessowners Policy Instructions

: July 3, 2024
: Attune

Table of Contents

attune Businessowners Policy
Product Information
Product Usage Instructions
Eligible Retail
Eligible Wholesale/Distributors
Ineligible
References
Read User Manual Online (PDF format)
Download This Manual (PDF format)

attune Businessowners Policy

Product Information

Specifications

Product: Attune’s Businessowners’ Policy
Coverage: Retailers
Features: Admitted Accredited BOP, auto-renewal, paperless and direct billing
Enhancement: Up to $300K for each building, $250K BPP
Properties Coverage: Up to $10k

Product Usage Instructions

Account Parameters
Ensure that the total incurred claims do not exceed $20,000 within the specified years (CAT claims not included).

Eligibility Highlights
Check eligibility for coverage based on retail classification.
Use the Attune Portal for instant cost calculation using the automatic valuation tool.

Coverage Highlights
Review the coverage details provided by Attune for your retail business. Make sure to understand the limits and enhancements offered.

Frequently Asked Questions (FAQ)

What are the top class codes for recent big binds from Attune brokers?
The top class codes are: 1. Home Improvement Stores 2. Sporting Good & Athletic Apparel 3. Grocery-Distbtrs 4. Delicatessens 5. Drugstores
Which states are targeted for coverage under Attune’s Businessowners’ Policy?
The target states are: 1. Connecticut 2. Delaware 3. Ohio 4. Utah 5. Colorado
What types of businesses are eligible under the policy?
Eligible businesses include Retail Only, Bring Your Own Alcohol, and certain Wholesale/Distributors like Office and Store Equipment Distributors.
What is the coverage limit for properties under the policy?
The coverage limit for properties is up to $10,000.

Attune’s Businessowners’ Policy RETAILERS

Attune provides coverage to a wide range of retail classes on Main Street, USA. From lawyers to dentists, you are sure to ﬁnd the perfect ﬁt. With our admitted Accredited BOP, auto-renewal, and paperless and direct billing, we’re making insurance as easy as it should be.

Rating highlights

New Ventures are eligible
Locations can be up to 50,000 sqft

Account parameters

$4.75M per location
$9.5M per account
No more than three claims in the last five years, and no more than $20,000 total incurred (CAT claims not counted)

Eligibility highlights

Retail classes are rated by the limit of insurance
Risk should be valued at 100% replacement cost. Instantly calculated using our automatic valuation tool in the Attune Portal.

Coverage highlights

Stackable enhancement endorsements
Newly Acquired or Constructed Property Enhancement: up to $300K for each building, $250K BPP
Peak season increase of 25%
Business Income from Dependent Properties: up to $10k

Recent big binds from Attune brokers:

Class Code	Premium
Bakeries-Retail-No Baking on Premises	$33,485
Feed, Grain or Hay Dealers	$17,741
Mercantile: Coffee, Tea, and Spice Specialty Stores	$16,098

Top class codes:

Home Improvement Stores
Sporting Good & Athletic Apparel
Grocery-Distbtrs
Delicatessens
Drugstores

Target States:

Connecticut
Delaware
Ohio
Utah
Colorado

Eligible Retail

Antique Stores
AC Equipment-Retail Only
Army/Navy Stores
Art Gallery
Automobile Parts and Supplies-Retail Stores
Bakeries
Battery Stores
Bed and Bath Shops
Beer and Wine Making Supply Stores
Beverage Stores – Liquor and Wine
Bicycle Shops
Bookbinding & Printing Supplies
Books & Magazines Stores
Boutique / Gourmet Food Stores
Camera & Photographic Equipment
Candle Shops
Candy/Confectionery Stores
Catalog/Premium Coupon Redemption Stores
Ceramics-Retail
Cheese Shops
China and Crystal Stores
Clock Shop with Repair
Clothing/Wearing Apparel
Coffee, Tea, and Spice Specialty Stores
Collectibles & Memorabilia
Cookie Stores
Cosmetic, Hair or Skin Preparation – Retail Only
Department Stores
Drugstores
Dry Goods Dealers
Edible Bouquet Stores
Education and School Supply Stores
Electrical Lighting Stores
Fabric Stores
Feed, Grain, or Hay Dealers
Fence Dealers
Florists
Floor Covering
Fruit or Vegetable Dealers
Fur – Garments and Pelts – Retail
Gardening and Light Farming Supplies
Gift Shops
Glass Dealers & Glaziers-Retail Only
Glass Novelty Store
Greeting Card Stores
Hardware and Tools Distributors
Health Food Store
Hearing Aid-Retail
Hobby, Craft, or Artist Supply Stores
Holiday Boutiques
Home Improvement Stores
Instructional Arts and Crafts Stores -Bring Your Own Alcohol
Janitorial Supplies
Jewelry Stores
Kiosks
Kitchen Accessories
Knives and Scissors Stores
Lamps and Lighting Fixture Stores
Locksmiths
Leather Products/Hide Stores
Luggage Goods
Machinery or Equipment Dealers
Marble Products
Meat, Fish, Poultry, or Seafood
Metal Dealers
Monument and Tombstones
Music Stores
Music Instrument Stores
Newsstands
Nut Shops
Optical Goods
Painting, Picture, or Frame Stores
Paint, Wallpaper or Wallcovering Stores
Paper and Paper Products, Rag or Rubber Stock Dealers – Second-hand
Party Supply Stores
Pharmacies
Photographic Equipment
Plumbing Supplies and Fixtures
Piece goods, sewing & needlework stores
Pool Table and Billiards Supply Stores
Popcorn Shops
Pottery Stores – no kiln
Precision & Scientific Tools and Instruments
Refrigeration Equipment
Religious Articles Stores
Scrapbooking Stores
Sewing Machine Stores
Shoe Stores
Sporting Goods/Athletic Equipment Stores
Stationary/Paper Products
Straw & Straw Products – Retail Only
Sunglasses Shop
Tie Shop
Toy Stores
Trophy Stores
Uniform Stores
Vacuum Cleaner Sales and Service
Video Stores
Wigs
Wood Products – Retail
Yarn Stores

Eligible Wholesale/Distributors

Air Conditioning and Combined Air Conditioning and Heating Equipment – Distributors Only
Automobile Parts and Supplies – Distributors
Bakeries – Distributors
Barber or Beauty Shop Supplies Distributors
Bookbinding and Printing Supplies – Distributors
Clothing or Wearing Apparel – Distributors
Collectibles and Memorabilia – Distributors
Equipment, Fixtures or Supplies Distributors -Office and Store Equipment
Equipment, Fixtures or Supplies Distributors -Restaurant, Bars and Hotel Equipment
Fabric – Distributors
Floor Covering – Distributors
Florists – Distributors
Food – Bakery Items
Food – Beverage
Fruit or Vegetable
Gardening and Light Farming Supply -Distributors
Grocery – Distributors
Hardware & Tool (not power) – Distributors
Hearing Aid – Distributors
Heating or Combined Heating and Air Conditioning equipment – Distributors
Hobby, Craft or Artists’ Supply – Distributors
Janitorial Supplies – Distributors
Jewelry – Distributors
Meat, Fish, Poultry or Seafood – Distributor
Metal Dealers
Optical Goods – Distributors
Plumbing Supplies and Fixtures – Distributors
Powered Equipment Dealers
Refrigeration Equipment – Commercial -Distributors
Stationery or Paper Products Distributors -bulk, wholesaling

Ineligible

Applicants selling products under the insured’s name; manufacturing; importing goods directly by the insured; and the repackaging and/or relabeling of products
Tobacconists or vape shops
Adult themed businesses, including adult book stores
Pawn shops, check cashing businesses
Off-premises warehousing or warehousing for others
Self-storage businesses
Grocery stores or supermarkets (over 2,000 square feet)

Attune Insurance Services, LLC • 60 Broad Street, Suite 2502, New York, NY 10004
Is an insurance producer licensed in all states and the District of Columbia. Visit www.attuneinsurance.com for full corporate, licensing, and legal information. Copyright © 2024 Attune Insurance Services, LLC, All rights reserved.