Your business personal property and personal property of others will be protected by your FivestarSM policy.1
ERIE's broad building definition, in addition to covering your buildings, includes permanent
attachments to the buildings, building equipment, personal
property that you have for the service and maintenance of the building, and building glass.
Additional property protection is provided in the additional and supplemental coverages as well.
- Coverage is provided on a replacement cost basis, which eliminates any deduction for depreciation
should a loss occur.
- Coverage is provided on a comprehensive basis, which provides coverage against all causes of loss,
including theft, except those specifically excluded in the policy.
- You will not be penalized for non-compliance with the standard coinsurance clause because this policy
does not contain one. However, for your protection, it's important to insure to value.
1ERIE's Fivestar policy is not available in Kentucky. Business personal property is protected as long as it is located in or on your premises or within 1,500 feet of your building.