Insurance Quote Comparison

As a matter of direct comparison, we submitted an application to various insurance companies using a Van Isle Hospitality Member as the applicant.

Current Insurance Premiums:

Van Isle Hospitality Insurance Program / Lloyds of London:  $14,153

  • Property – “All Other Peril” Deductible is $1,000
  • Property – Glass Deductible is $500
  • Property – Stated amount Co-Insurance Waiver is included
  • Property – Valuation is based on Replacement Cost Value
  • Crime – Deductible is NIL
  • General LIability – Bodily Injury / Property Damage Deductible is $1,000
  • Program specific extensions – included

Alternate Quotes:

Totten Group Insurance:  $19,725

  • Property – “All Other Pril” Deductible is $5,000
  • Property – Glass Deductible is $5,000
  • Property – Stated amount Co-Insurance Waiver is not available
  • Property – Subject Co-Insurance Restriction – 90%
  • Property – Valuation is based on Replacement Cost Value
  • Crime – Deductible is $1,500
  • General Liability – Bodily Injury / Property Damage Deductible is $2,500

AM Fredericks Underwriting:  $20,420

  • Property – “All Other Peril” Deductible is $2,500
  • Property – Glass Deductible is $2,500
  • Property – Stated Amount Co-Insurance waiver is not available
  • Property – Subject to Co-Insurance Restriction – 90%
  • Property – Valuation is based on Actual Cash Value
  • Crime – Not Available
  • General Liability – Bodily Injusry / Property Damage Deductible is $2,500