MiniCo’s newest self-storage specialty insurance product, MiniPak Silver, has now been approved in 41 states with pending approval for the remaining filings. As Key Agent initially reported in March, MiniPak Silver is a monoline general liability (GL) only policy for self-storage businesses.
With MiniPak Silver, MiniCo will be better able to write your self-storage clients’ general liability, including some incidental non-storage operations, and specialty liability coverages (such as customers goods legal liability, sale and disposal liability, employee’s personal liability, and employment practices liability) on a monoline basis.
MiniPak Silver also makes it easier for independent insurance agents to provide an insurance product for self-storage operations in coastal regions as well as other high-risk properties such as older converted buildings that require specialty property coverage. For those self-storage businesses not eligible for the MiniPak Gold BOP program, our new GL only policy will give you and your clients the flexibility of addressing liability insurance needs, including the specialty coverages, while placing the property through another carrier.
For detailed information on approvals and effective dates in specific states for the MiniPak Silver policy, please call your underwriter at 800-447-8383 or contact Customer Care Manager Keith McConnell at 800-528-1056, ext. 3585, or customercare@minico.com.
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