Millers Mutual Launches New BOP Program

September 14, 2015

Millers Mutual, a commercial property and casualty insurer serving Pennsylvania, D.C., Delaware, Maryland, Virginia and Ohio, launched a new business owners policy (BOP) – BOPprime. Millers Mutual BOPprime features four tiers and a suite of enhancements designed for residential real estate and habitational, commercial real estate and select hospitality. BOPprime is rolling out in phases starting with Delaware and D.C., followed by Pennsylvania and Ohio in October and Maryland and Virginia in December.

BOPprime was created to give independent agents greater flexibility in pricing and tailoring coverage. Under BOPprime, agents can now select coverage from the following tiers: Millers Standard, Millers Value, Millers Value Plus or Millers Prime, with the ability to adjust coverage based on the insurance customer’s needs.

Two of the top features of BOPprime include: building ordinance law, which offers both demolition costs and increased cost of construction – up to $300,000 and $600,000 on blanket basis and property manager as primary, which makes Millers Mutual insurance the primary insurance for real estate or property managers who perform duties on behalf of the named insured.

An additional differentiator is Millers Mutual’s revised dwelling eligibility. While the industry standard lowest limit is three units in a dwelling building, Millers Mutual will go down to one unit. The Millers prime enhancement tier also offers additional coverage upgrades such as higher lock replacement and fine arts amounts.

Millers Mutual is headquartered in Harrisburg, Pa. and serves the Mid-Atlantic region. It provides commercial property insurance for small and mid-size businesses.

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