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MSC expands EssentialBOP into three new states

August 10, 2017 — The expansion brings the total number of states where EssentialBOP is sold from 44 to 47.

Markel Specialty Commercial is excited to announce additional expansion of businessowners policy (EssentialBOP) product into another three new states; Maryland, Virginia and Washington. The expansion brings the total number of states where EssentialBOP is sold from 44 to 47.  The launch into the new states is effective immediately, with key enhancements including:

  • Customizable insurance solutions depending on risk
  • Expanded appetite for more contractor classes
  • Pricing flexibility and payment options (Installment fees apply and vary by state and product)
  • 10% multi-policy discount; applied to the EssentialBOP policy when workers compensation policy is bound (Policies must have a common FEIN and discount not applicable to equipment breakdown protection coverage.)
  • Single-billing for EssentialBOP and workers compensation

For more information visit markelinsurance.com/smallbusiness

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