Yes, a completed Acord125 and 126 signed by the insured is required to issue the policy.
GigBOP® offers higher policy limits than a HO Home Business Endorsement for important coverages like General Liability and Business Personal Property. GigBOP® can provide coverage for Professional Liability, Theft, Employee Benefit Liability and Hired and Non-Owned Auto Liability.
In addition, SynchronoSure’s GigBOP® allows a broader range of acceptable business types than most HO Endorsements. Most HO Endorsements will not cover a business with over $250,000 in annual revenue, GigBOP® can cover businesses with up to $5 Million in annual revenue and 25 employees (including the owner).
Yes, however the location should be listed as an additional location on the submission.
GigBOP® is a surplus lines program. We require that you complete our online application. You will need to submit your state’s completed diligent search form and completed Acord 126 and Acord 125 forms signed by the producer and insured.
Policy changes and endorsements must be submitted by the insured’s agent to SynchronoSure.
No, Business Interruption Coverage is not available with GigBOP®.
No, GigBOP® is not a Commercial Auto program. Hired and Non-Owned Auto coverage can be included for incidental Auto use. Businesses with Auto risks, including delivery and livery exposures, should get a separate Commercial Auto insurance policy.
