Property Coverage

Building Coverage

ERIE's broad definition of building includes the building plus permanent attachments, glass, building equipment and permanent fixtures for servicing the premises. In addition, the Ultraflex Package Policy provides the flexibility to allow you to make choices to tailor coverage to your needs:

• Coverage can be provided on a replacement cost basis, which would eliminate any deduction for depreciation should a loss occur. Or, coverage may be written on an actual cash value basis.
• Coverage is provided on a comprehensive basis which provides coverage against all causes of loss, including theft, except those specifically excluded in the policy.

Business Personal Property and Personal Property of Others

This provides coverage for your business property, other than buildings, that pertains to your business or institution. It also protects, within these limits, personal property of others. Some benefits available within this coverage are:

• Coverage is provided on a comprehensive basis, which provides coverage against all causes of loss, including theft, except those specifically excluded in the policy.
• If you do not own the building, coverage is included for improvements you have made key.