Specialty Insurance

Conklin & Kraft Agency offers more than 700 insurance products over and above the coverages sold by most independent agencies.

In each of the coverage groups below, you will find short presentations that cover the highlights of that product.

Each presenter is an expert in his/her particular specialty. Specialty Insurance coverages are used in a variety of different businesses as essential elements of addressing frequent or significant risks.

Look for These Three Coverage Groups

Category Coverages

Most specialty insurance products include not only a basic, specialized coverage but also a variety of other coverages that are generally offered as a part of the overall need.

Individual Coverages

This section presents an explanation of individual coverages, many of which are offered within the categories. But there is also a growing list of these individual coverages that are “stand-alones”, available to meet specific needs not necessary a part of the categories.

Additional Categories

In the months ahead, we will be adding a more extensive explanation of these coverages, as you have seen above. This list of additional categories below contains a short explanation of each, and typical other individual coverages than are usually included.

Filter Results by Coverage Name (Use the first letter of any coverage title)

Category Coverages

There are no coverages matching the current selected filter for this category. Please select another filter letter or "view all."

Individual Coverages

Aircraft Hull and Liability

Aircraft Hull and Liability

Additional Categories

Auction Houses

Auction Houses

Automobile Sport and High Performance Cars

Automobile Sport and High Performance Cars
Automobile manufacturers design some very sophisticated and high-powered automobiles for customers who use them for everyday driving and transportation with a possibility of weekend racing. At one time most road racing or drag racing enthusiasts custom-built their own performance cars from stock models using custom racing equipment. These drivers were also usually very experienced racing enthusiasts and knew how to handle such cars. The introduction of high-powered vehicles to non-racing drivers can be deadly to both the driver and others because they lack training and do not understand the vehicle's power. Standard markets often decline to insure these vehicles. This explanation of insurance benefits is provided by Insurance Marketplace.

Fine Arts- High Values

Fine Arts- High Values
Fine arts insurance coverage on both personal and commercial exposures and collections is usually written under inland marine coverage forms. In most cases, each item is scheduled and insured for specific stated amount. Because statuary, sculptures, paintings, and antiques are "one-of-a-kind" art objects, competent appraisers must determine their values. These values should be adjusted regularly because of the inconstancy in the art market that can cause values to skyrocket and then plunge. Security and loss prevention measures that are subject to enforceable warranties are often required. This explanation of insurance benefits is provided by Insurance Marketplace.

Habitational

Habitational
Habitational risks are covered under a Business Insurance Policy. A habitational risk insurance policy is designed for commercial residential properties such as apartment buildings, homeowners associations, rented houses and condominiums. Business Insurance Policies Provide Coverage for the Following Losses: Fire and Lightning, Smoke, Windstorm and Hail, Explosions, Aircraft or Vehicles, Vandalism and Malicious Mischief. Business Insurance Policies do not just cover the building itself. There is also coverage for business personal property, personal property of others and business income and extra expenses. There is also liability protection.Optional Insurance Coverages That May Be Added Include: Glass, Outdoor Signs, Water Damage, Accounts Receivable, Loss of Rental Income, Replacement Cost on Building, Condominium Association Directors, and Officer Errors and Omissions. This explanation of insurance benefits is provided by Insurance Marketplace.

Hazardous Materials & Hazardous Waste Haulers

Hazardous Materials & Hazardous Waste Haulers
Customer Profile - any insured who has vehicles that carry any material which if spilled, could be deemed as environmentally damaging. Such an incident would be excluded from standard auto coverage. PROGRAM FEATURES: • Commercial Trucker Forms, ISO Motor Carriers Coverage Form or Truckers Form (in some states). Motor Truck Cargo, Commercial General Liability for truckersCOVERAGES: • Auto Liability, Physical Damage, Excess Auto, Pollution, Cargo. Commercial General Liability. POLICY HIGHLIGHTS:• MCS 90 endorsements. Sudden and accidental pollution coverage, Upset and overturn, loading and unloading coverage, No minimum premiums, Regulatory filings provided. This explanation of insurance benefits is provided by Insurance Marketplace.

Health and Exercise Clubs

Health and Exercise Clubs
This coverage is designed for businesses operating as fitness facilities. A wide range of facilities are eligible for this program—from small personal training studios to big box facilities with a full range of equipment and amenities. Fitness centers offer valuable services as help people reach their fitness goals and become healthier in general. But in some cases, they can be a lawsuit waiting to happen if a member is injured on faulty equipment or an inexperienced instructor gives bad advice. That's why business insurance for fitness centers is a must. Types of Fitness Center Insurance Business insurance for fitness centers will consist primarily of liability insurance and property insurance to cover replacement or repair costs for equipment, General liability to cover costs if you are sued for medical bills or pain and suffering if a person is injured in your fitness center. This explanation of insurance benefits is provided by Insurance Marketplace.

Health Care

Health Care
Health insurance is a type of insurance coverage that covers the cost of an insured individual's medical and surgical expenses. Depending on the type of health insurance coverage, either the insured pays costs out-of-pocket and is then reimbursed, or the insurer makes payments directly to the provider. Your health insurance policy is an agreement between you and your insurance company. The policy lists a package of medical benefits such as tests, drugs, and treatment services. The insurance company agrees to cover the cost of certain benefits listed in your policy. These are called “covered services.” Essential Health Benefits. A set of 10 categories of services health insurance plans must cover under the Affordable Care Act. These include doctors' services, inpatient and outpatient hospital care, prescription drug coverage, pregnancy and childbirth, mental health services, and more. Some plans cover more services. This explanation of insurance benefits is provided by Insurance Marketplace.

Health Foods Industry

Health Foods Industry
Health foods have become more popular because of concerns about the potential problems with foods grown using a variety of pesticides, herbicides, and other chemical compounds. Property and casualty insurance programs that include products liability coverage are available to manufacturers, distributors, wholesalers, and retailers of a wide range of health food products. This industry includes natural foods, organic foods, food supplements, and personal care products. This explanation of insurance benefits is provided by Insurance Marketplace.

High Valued Commercial Property

High Valued Commercial Property
Companies interested in writing high-valued commercial property risks usually establish minimum property values they will consider. The coverage tends to be more generous with a number of additional coverages and coverage extensions. These accounts are subject to significant deductibles and are often written with multiple layers. Unique loss prevention services are often available. Geographic, weather and climatic factors affect the coverages available and premiums charged. This explanation of insurance benefits is provided by Insurance Marketplace.

High Valued Personal Property

High Valued Personal Property
Customized insurance coverages are available for high-valued luxury homes, high-rise condominiums, or town homes. Many of these residences are located in coastal or mountain areas with problematic property exposures. In addition to standard homeowners forms, some unique coverage enhancement endorsements are also available. Examples of such enhancements are excess wind, excess flood, earthquake, vacant property, rental property, builders risk, and inland marine. This explanation of insurance benefits is provided by Insurance Marketplace.

Home Business Insurance

Home Business Insurance
Most homeowners coverage forms and policies include limited protection for certain in-home businesses. This coverage is often inadequate for many types of home-based businesses. This coverage insures home-based businesses that are beyond the scope of standard homeowners forms. This explanation of insurance benefits is provided by Insurance Marketplace.

Home Owners Policies- Low-Value and Non-Standard

Home Owners Policies- Low-Value and Non-Standard
Specialty carriers have developed homeowners and tenants package policies for low-value and nonstandard dwelling risks in distressed areas to provide alternatives to the urban area or statewide Fair Access to Insurance Requirements (FAIR) Plans. FAIR Plans are very limited and do not offer "package" coverage on residential property. In contrast, property coverage and personal liability is combined in a single policy. The coverage is written on a named perils basis with mandatory deductibles. Premiums charged are higher than in the standard market and some policies are written under various state consent-to-rate requirements. This explanation of insurance benefits is provided by Insurance Marketplace.

Hotels and Motels

Hotels and Motels
The standard markets usually insure hotels. However, some are much more difficult to place because of high property values and/or difficult liability exposures. Some hotels located in coastal areas are subject to heavy windstorms and hurricanes. Casino operations at some hotels introduce unique and unusual crime and liability exposures, while restaurants and bars present liquor liability exposures. Swimming pools, lakes, skating rinks, skiing, and other leisure activities for guests are examples of difficult liability exposures. Some hotels arrange trips for guests and programs for conventioneers. This explanation of insurance benefits is provided by Insurance Marketplace.

Motor Home Rentals

Motor Home Rentals
Motor homes can be rented forweekend excursions, family vacation trips, or commercial use on a short-term or long-term basis. This insurance is soldto the dealer.It covers the motor home while it is rented to others. The dealers passes this cost to the party that rents the motor home by adding it as one part of the overall rental fee. This explanation of insurance benefits is provided by Insurance Marketplace.

Motor Home/Travel Trailers (Commercial Use)

Motor Home/Travel Trailers (Commercial Use)
Commercial motor home and travel trailer risks can be difficult to place. Race car drivers, musicians, entertainers film production companies, catalogue salescompanies, claims adjusters, and businesses that have travelling exhibits are common examples of people or businesses that need this coverage. Coverage is also available for business personal property in the motor home or trailer. This explanation of insurance benefits is provided by Insurance Marketplace.

Motor Homes

Motor Homes
A motor home is a self-propelled land motor vehicle, designed and constructed to provide facilities for cooking and sleeping. Physical damage coverage extends to accessories, permanently attached equipment, and personal effects kept in the motor home. Bodily injusry and property damage liabilty, medical payments coverage, comprehensive, and collision (subject to specified deductibles), uninsured motorists protection, and vacation expense allowance coverage are part of the package. This explanation of insurance benefits is provided by Insurance Marketplace.

Product Liability- Hazardous or New Products

Product Liability- Hazardous or New Products
Certain types of manufactured products have particularly hazardous products liability exposures. Drugs, cosmetics, chemicals, and ladders are some examples. Many domestic insurance companies write insurance on these classes of business on only a very limited basis. In addition, very few standard markets are interested in insuring certain types of new products, particularly drugs. Specialized markets are available to write this coverage that involves providing a complete description of the product along with complete chemical and/or engineering reports. Businesses engaged in manufacturing and installing solar-heating equipment and burglar and fire alarm equipment have a very real need for this coverage. This explanation of insurance benefits is provided by Insurance Marketplace.

Youth Group Homes

Youth Group Homes
Youth group homes are residences that serve young persons up to age 19. In addition to providing housing, they provide services such as pregnancy prevention counseling for adolescents, counseling for children with AIDS/HIV, group counseling, individual or family counseling, drug and alcohol treatment, and job training. Some also provide related services such as child adoption, day care, emergency shelter, and family crisis intervention. This classification does not include detention facilities. Abuse and molestation coverage is usually subject to sub-limits of insurance. This explanation of insurance benefits is provided by Insurance Marketplace.

Haven’t found the coverages you're looking for?

As a USA InsureNet Agency, we have access to the nation's premier directory of specialty products and programs.  You can download this below.

The 58th Edition of The Insurance Marketplace by Rough Notes contains more than 700 coverages, programs, and service industry categories and is the most widely used directory in our industry for locating Specialty Market Providers. 

If you see a coverage you are interested in, please reach out through the contact us button for more information. 

Download the Directory



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Insurance Market Place

 

Sponsors

Specialty insurance coverages and programs are offered by independent agencies that market/sell those insurance products. These coverages come from companies known as "Specialty Market Providers" or "SMPs" and are represented by Conklin & Kraft Agency.