Check the storm wording
Bring the wind, hail and named-storm deductible provisions from the primary policy. The coverage being bought back needs to match those terms.
Commercial Wind and Hail Deductible Buy-Back
A large storm deductible can leave a property owner with a substantial bill. Explore supplemental coverage for part of that deductible, subject to the primary policy and buy-back terms.
Licensed in California
Menlo Insurance Services is the filed name of Opero Labs Inc. California license #6020106.
Eight brokers, one team
Our eight brokers work together as one Menlo team, so you can reach a person who understands your account.
Independent brokerage
We hold appointments with multiple carriers, so the quote is shopped rather than served from one shelf.
Start with the deductible on your existing policy
Buy-back coverage supplements commercial property insurance; it does not replace it. The review starts with the existing policy, the property schedule and the amount you want to retain.
Keep the locations distinct
Share each property's use, construction, roof details and insured value. A schedule helps your broker review the requested protection for each location.
What to have ready for the review
- Your current commercial property policy
- The applicable wind, hail or named-storm deductible
- A schedule of the locations to include
- The amount you want to retain after a covered loss
What changes your premium
These details help insurers assess your business and price the coverage. Terms and available options vary by insurer.
- Property use and location
- Construction, roof details and insured values
- Primary insurer and policy dates
- Current deductible and requested retained amount
Questions we get asked
Does this replace my property policy?
No. It is supplemental coverage tied to a covered loss under the primary policy. Both policies' terms, conditions and exclusions matter.
Is this equipment breakdown insurance?
No. Equipment breakdown is a separate coverage. This intake concerns commercial wind and hail deductible reimbursement.
Does completing the form put coverage in force?
No. The form collects information for review. Availability, terms and any binding requirements still need to be confirmed.
Ready to compare your coverage options?
Start your application online, or talk with a licensed broker about your situation.