Hanover Insurance expands small biz offerings

Sam Bonacci The Hanover Insurance Group is headquartered in Worcester.

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By Sam Bonacci

The Hanover Insurance Group has expanded its business owners' policy, adding more coverage options while streamlining the process.

The company has expanded its base business owner policy coverage offering by adding additional coverages that reduce the need for multiple endorsements and offer more comprehensive protection, according to a release from the Worcester-based insurance company. In addition, the company increased limits for more than 30 other coverages and added new optional endorsements to help agents customize their clients' insurance programs, including coverage for things such as emergency event management and rebuilding expenses following a disaster.

Some of the new protections included in the company's base form are coverages for:

Damage to items in storage units or detached trailers
Loss of money and securities caused by the fraudulent use of a computer or instruction directing a financial institution to debit an account
Damage as a result of a specified cause of loss, other than fire or lightning
Damage to paved surfaces
Loss or damage caused by tenants to a rented building
Loss or damage of a landlord's personal property in a rented building
Theft of telephone services, telephone credit cards or telephone access cards
Damage to underground pipes, flues and drains

The Hanover Insurance Group, Inc. is the holding company for several property and casualty insurance companies.