General Property Insurance

When a customer experiences a property loss, nothing is more important than promptly paying the claim and restoring their business to normal operation as quickly as possible. With extensive commercial property claims experience derived from managing some of the biggest, worst and most complex property claims in history, and a vast network of resources that stand ready to respond, we are well equipped to do just that.

Our access to national general adjusters and property and auto/heavy equipment reinspectors located around the country ensure policyholders receive proper loss assessment and quality control. And dedicated catastrophe teams, comprehensive claims investigators and safety/loss control engineers help policyholders effectively mitigate their losses and minimize loss costs.

Fax: (866) 612-8014

Mail: Lexington Insurance Co.
100 Summer Street
Boston, MA 02110

Upgrade to Green coverage is available as an endorsement to Lexington commercial property policies and is applicable to portfolio or single building policies. Real estate, financial services, and hospitality firms, educational institutions, and public entities in a particular will find Upgrade to Green valuable coverage as they seek to green their property portfolios.

Features and Benefits

- Within the policy per occurrence limit of liability, and subject to a maximum sub-limit of liability of $5 million the coverage increases by 25% the limit applicable to a building listed in the schedule of values if the insured elects to upgrade the property

- Coverage is applicable to Leadership in Energy and Environmental Design (LEED^®) certified and non-LEED certified buildings

- Enhanced coverage for recycling debris after loss and during reconstruction

- Coverage to hire a LEED accredited architect or engineer to help with the design and reconstruction

- Coverage for LEED re certification expenses

Lexington's Evacuation Response Coverage pays numerous expenses that healthcare and higher education institutions can incur in complying with mandatory evacuation orders. This includes costs of transportation, shelter, food and medical care for patients, students, and essential employees.

Features and Benefits

- Responds to expenses incurred during an evacuation period of up to 30 days

- Responds regardless of whether the insured property suffers direct physical loss or damage. When no direct physical loss or damage is sustained, a minimum per location limit of $500,000 applies. When direct physical loss or damage is sustained, the policy pays 25 percent of the loss or damage incurred subject to a per location minimum limit and a maximum limit up to $5 million.

- Can be written for multiple locations with one disaster limit of liability applicable to all scheduled location.

Lexington provides exceptionally broad Equipment Breakdown (boiler and machinery) insurance for a wide range of risks including: municipalities, communication industries, commercial property and real estate, heavy manufacturing, construction, healthcare, higher education institutions, among other.

Features and Benefits

- Pays the cost of Physical Damage to an extensive range of equipment, machinery and technology resulting from covered accident.

- Includes coverages for Business Income, Contingent Business Income, Service Interruption, Perishable Goods, Extra Expense, and more.

- Equipment Breakdown coverage is embedded within Lexington's Property form to optimize coverage integration and minimize potential gaps.

- Flexibility to customize coverage to insureds precise needs.

- Claims handled by specialists to expedite restoration of insureds operations via a national network of repair firms and part suppliers providing preferred service terms.

- Many adjusters are engineers of technicians with the knowledge and experience to swiftly locate proficient repair firms or hard to find parts and components.

- Includes Jurisdictional Inspection service of boilers and pressure vessels. Emphasis is on proactive identification of objects that require an inspection and timely completion to help assure compliance with applicable laws or codes.

- Inspectors certified by the National Board of Boiler and Pressure Vessel Inspectors and state authorities.

- Loss prevention consulting services available including equipment risk assessments and infrared thermography.