Strictly Business

Founded in 1946, Shelter Insurance is headquartered in Columbia, Mo. and provides a variety of competitively priced financial products and services, as well as comprehensive insurance programs such as:

Rental Property Insurance

Shelter Mutual Insurance Company Apartment Owners/Rental Dwelling Policy

Designed especially for the owner(s) of apartment building(s), including duplexes and one family rented dwellings.

Under one policy you can obtain protection for your:

Property
Business liability
Loss of rent income
Other coverages available

Section I

Property coverage includes protection for owned building(s) including:

Additions and extensions attached to building
Material and supplies for use in construction, alteration or repair of the buildings
Outdoor antennas on insured premises up to $200
Fixtures and equipment constituting a permanent part of apartment building and pertaining to service of building

Other structures including: (up to 5% of Coverage A, additional amounts available)

Yard fixtures
Signs
Swimming pools

Business personal property including:

Business personal property owned by the insured and usual to occupancy of apartment building
Furniture, fixtures and supplies
Refrigeration and ventilation equipment
Floor coverings
Cooking, dishwashing and laundering equipment
Outdoor furniture

Additional Coverages – Section I (subject to limitations)

Automatic coverage on newly acquired property for 30 days (buildings and business property)
Off-premises coverage
Trees, shrubs, plants and lawns from certain specified perils
Extra expense coverage
Personal effects
Debris removal
Accounts receivable
Valuable papers and records
Fire extinguisher recharge
Transportation
Elevator collision
Fire department charges
Emergency removal

Standard Form

Property coverage may be written on a named peril basis for loss to buildings and business personal property for actual cash value.

- OR -

Special Form

Property coverage may be written to insure against accidental physical loss to buildings on a replacement cost basis and business personal property for actual cash value.

Property losses covered under standard coverage form:

Fire
Lightning
Windstorm or hail
Explosion
Riot or civil commotion (including loss by looting)
Loss caused by some vehicles (damage to your property)
Damage by aircraft
Smoke damage – broad (all smoke losses except agricultural or industrial operations)
Vandalism or malicious mischief

Shelter’s special form coverage protects against accidental direct physical loss and also includes the following perils unless specifically excluded in the policy.

Collapse (of buildings)
Breakage of glass
Theft
Falling Objects (falling tree or other objects)
Weight of ice and snow (to building and contents therein)
Water heating system loss (explosion of hot water systems or appliances)
Chemical or acid spills
Accidental damage to building
Spilled paint
Water backup resulting from ice blockage

Liability exposures

Lawsuits based on your negligence (attorney fees, court costs, etc.)
Property damage (your legal liability for fire, explosion and water)
Injuries to guests or other visitors on your premises for which you are liable
Damage to property of others
Non-owned cars
Personal injury

Section II

Business Liability (Standard and Special Forms)

Policy includes business liability protection for:

Bodily injury legal liability
Property damage legal liability
Personal injury legal liability
Premises medical payments
Employers non-ownership automobile liability
Host liquor liability
Limited contractual liability

Optional coverages available:

Business computer coverage
Sprinkler leakage
Extended coverage for outdoor radio and television equipment
Comprehensive personal liability coverage
Garage keepers legal liability
Earthquake damage assumption
Trees, shrubs, plants and lawns – windstorm coverage
Piers, bulkheads, wharves and docks coverage including collapse
Replacement cost coverage, business personal property (special form only)
Builders risk coverage
Construction theft (standard form only)

All coverages are subject to the exclusions and conditions in the policy. There are certain causes of loss to property that are excluded and you should review the form for a complete analysis. However, among losses to property that are not covered are losses due to wear and tear, marring or scratching, mechanical breakdown, rust, vermin, birds, rodents, insects or animals, floor and surface water, water backup, sub-surface water, earth movement, pollution, interruption of electrical power and damage to domestic systems from freezing while the building is vacant.

This information summarizes some of the principal points of coverage and policy provisions. See policy for all terms and limitations.

Let Shelter Insurance, which has more than 1,400 agents in our 14-state operating area, save you time and money when insuring your most valuable assets. To learn more about our company and all of our services, simply follow the links to our web site at www.shelterinsurance.com