Citizens and Hanover Enhance BOP

The Citizens and Hanover Insurance Companies have introduced a new, expanded Business Owner’s Policy, called Avenues Business Owner’s Policy, or Avenues BOP, for short.

Avenues BOP, the first new product introduced under the company’s Avenues suite of commercial lines products, reportedly enhances and renames the company’s Dimension 2000+ product for small business.

With expanded eligibility guidelines and enhanced flexibility in coverage options, Avenues BOP provides agents with a flexible, product that can protect a wide spectrum of businesses in the small to mid-size commercial market, from sole proprietors to expanding enterprises with more sophisticated needs.

Avenues Business Owner’s Policy is now available to businesses with sales and total property values of up to $15 million per location and square footage of up to 50,000 per location.

Other enhancements include additional classes of coverage for general liability and incidental exposures, such as parking lots, snow removal and vacant land. In addition, flexibility has been added to business income coverage to allow multiple options and enhanced coverage against computer viruses and hacking.

The company is planning further enhancements to Avenues BOP,
including the introduction of an excess coverage option later this year and the addition of more business classes in 2006.

Agents interested in learning more about Avenues Business Owner’s Policy and the Avenues suite of commercial line products should contact their nearest Citizens or Hanover regional office. A complete list of regional business offices can be found at the company’s Web site, http://www.allmerica.com, where visitors can click “contact us” and then “regional offices.”