Auctioneer
Products
What Risks Do Auctioneers Face and Where is the Coverage?
| Coverages |
Policies |
| Slips and falls |
General Liability Policy |
| Vase on the table breaks |
Care, Custody & Control |
| Item is stolen |
Care, Custody & Control |
| Didn't get the price you
predicted |
Professional Liability |
| Hurt while operating
equipment |
General Liability Policy |
| Misrepresented the item |
Professional Liability |
| Litigation (you get sued) |
Professional Liability |
| Data / credit card security |
Database Breach Policy |
| Building is damaged |
Property Policy |
Where Is Your Coverage?
Without These Policies, It's Out of Your Pocket
IT Risk Managers has designed a program specifically designed to cover the risks and exposures of auctioneers. This program is endorsed by and created with the help of the Michigan State Auctioneers Association. We started with the base policy of a general liability product and add-on endorsements for professional liability (E&O) and Care, Custody, and Control. While, this product does not cover every risk and exposure that an auctioneer may have, we believe it to be the most comprehensive program available in the market place today.
If you already have a general liability policy this product would become an excess over and above your existing policy.
Special discounts are available to members of the Michigan State Auctioneers Association or other state associations and auctioneers that are registered and/or licensed with their state and follow the occupational code voluntary registration programs.
DISCLAIMER: The
description herein is a summary indication only. It does not include all
terms, conditions and exclusions of the policies described. Please refer
to the actual policies for complete details of coverage and exclusions.
Coverage may not be available in all jurisdictions. Issuance of coverage
is subject to underwriting. *In order to qualify for premium
credits you must be a member of your local state association and agree
to
comply with occupational code.
|