For commercial lines quoting, policy issuance system to its independent agents
The Main Street America Group has launched its new Main Line business owners policy (BOP) property and liability insurance product and Main Street Station for commercial Lines quoting and policy issuance system in New York State, New Hampshire, Virginia, Tennessee and Maryland.
The product and system are now available in 14 of the states where Main Street America writes commercial lines business.
The product features 10 programs which are condominium associations, garages, restaurants, light manufacturing, wholesale, retail, services, offices, apartments and contractor programs.
The new product also has increased limits, with many new or expanded coverages. The coverage can be extended with the product’s many new options, such as product withdrawal, and condominium directors and officers, and Main Line Extension and contractors inland marine endorsements.
Henry Pippins, vice president of commercial lines at Main Street America, said: “Main Street America’s market is ‘Main Street’ businesses, which even with the recent economic conditions, continues to be the fastest growing segment of the U.S. Economy. With this in mind, we designed Main Line BOP with much broader eligibility than our previous BOP product, so that approximately 85 percent of the small business market would qualify.”