St. Paul Travelers has launched an online rating tool that provides quoting and binding capabilities for standalone Equipment Breakdown insurance called Quick Quote.
Quick Quote provides new business Equipment Breakdown coverage quotes for small-to-medium-sized enterprises having fewer than ten locations and individual location values of up to $25 million.
While Equipment Breakdown (EB) insurance is typically sold as part of a comprehensive Property coverage package, there are times when a business requires a standalone EB policy. Quick Quote allows acess to St. Paul Travelers’ comprehensive standalone EB policy, EnergyMax21.
Anthony J. Giannone, vice president of Boiler & Machinery for St. Paul Travelers, said, “We are committed to helping our agents add to their bottom line by increasing their ease of doing business. Quick Quote does just that, by reducing time and handling costs for agents writing new business.”
Giannone said, “This represents the latest enhancement to our comprehensive portfolio of insurance offerings designed to address the breakdown of critical business equipment.”
St. Paul Travelers Commercial Lines agents wishing to learn more about this new tool may visit the Agent HQ Web site, or call (800) 253-1304 and ask for a Quick Quote representative.
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