FAIR Plan Commercial Wrap

Comprehensive property protection for California and Colorado commercial risks.

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Munich Re Specialty's FAIR Plan Commercial Wrap helps brokers and insureds move beyond the limitations of FAIR Plan coverage with up to $100 million in excess and difference-in-conditions protection. Backed by the financial strength of Munich Re Specialty, the solution offers comprehensive property coverage, dedicated in-house claims expertise, and equipment breakdown coverage options designed to protect businesses.

Key Benefits

Up to $100 million in coverage, matching FAIR Plan limits
Single-carrier solution for streamlined claims handling
Dedicated in-house claims team
Equipment Breakdown coverage quote included with every submission
Jurisdictional inspections available through HSB when Equipment Breakdown coverage is endorsed

Why Brokers Choose FAIR Plan Commercial Wrap

Up to $100 Million in Coverage

Our FAIR Plan Commercial Wrap provides limits up to $100 million, matching available FAIR Plan limits and delivering broader protection through a single carrier solution.

Simplified Claims Handling

When a loss occurs, brokers and insureds benefit from a streamlined claims experience. Because coverage is placed through a single carrier, claims administration is simplified and communication is more efficient. Our dedicated in-house claims team works directly with insureds to help resolve claims quickly and effectively.

Broader Property Protection

The FAIR Plan Commercial Wrap fills coverage gaps between FAIR Plan policies and Special Form-based coverage, helping protect against losses such as water damage, freezing, and other property exposures not addressed by basic FAIR Plan coverage.

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Equipment Breakdown Coverage Available by Endorsement

Every FAIR Plan Commercial Wrap quote now includes an Equipment Breakdown coverage option.

Modern businesses depend on critical equipment such as electrical systems, HVAC units, refrigeration equipment, boilers, servers, and other technology-driven operations. A sudden mechanical or electrical breakdown can result in costly repairs, business interruption, spoilage, and lost income.

Adding Equipment Breakdown coverage helps insureds:

Protect critical mechanical and electrical equipment
Cover repair and replacement costs following covered breakdowns
Reduce business interruption exposures
Access jurisdictional inspection services where required
Simplify claims handling by keeping coverage within the same policy

For many insureds, Equipment Breakdown coverage is an essential component of a comprehensive property insurance program.

How it works

Insured desires coverage beyond what the FAIR Plan offers.

Munich Re Specialty deploys supplemental capacity, filling in the gaps between the FAIR Plan policy and Special Form based coverage.

Insured has comprehensive protection similar to the coverage afforded by a Special Form based commercial property policy.

Coverage is being provided on a non-admitted business and may not be available in all circumstances.

Learn more about the FAIR Plan Commercial Wrap

Our DIC Wrap product is designed to serve wholesale brokers. If you’re a retail broker whose clients have already purchased a FAIR Plan policy and need supplementary coverage, contact your wholesale broker today and ask about Munich Re Specialty's FAIR Plan Commercial Wrap.

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