Wind Deductible Buyback
Wind Deductible Buyback Coverages:
Policy Coverage
The Deductible Buy Back Policy was designed for:
- Protecting insureds from unexpected expenses, by reducing their wind, hail and named storm deductibles imposed by their All Risk Property insurance programme
- Or to mitigate against instances where a bank or lender requirement is imposed to seek a lesser retention in order to honour a financing agreement
Additional Coverage
- Coverage is for Windstorm & Hurricane exposures in coastal areas and inland/noncoastal areas susceptible to Tornado and Hail
- Maximum Risk Limit of up to $3 million
- Available with no Minimum Premiums
- Minimum retention $5,000 per occurrence if policy TIV below $25,000,000 and $10,000, if policy TIV is above $25,000,000
- Available in all 50 states
- The policy incorporates a Follow form which links and follows the overlying Property Policy
- Wide ranging appetite with particular success with condo's / multi-family housing, hotels, offices & retail units
Why Aura Risk?
Aura Risk Management & Insurance Services is a full-service underwriting wholesale agency, handling your client’s commercial insurance needs.
Our goal is to make it easier for you as a broker providing a more effective way to do business, by creating simpler ways to source
insurance solutions by connecting you to insurance products through our carrier partners.
Our goal is to make it easier for you as a broker providing a more effective way to do business, by creating simpler ways to source
insurance solutions by connecting you to insurance products through our carrier partners.
Specialized Insurance Solutions
Aura Risk is a leading wholesale distributor of specialty insurance products. Our team works with top-rated carriers, giving you access to diverse markets for tailored client solutions.
Excellence in Service
With over 100 years of combined insurance experience, our team is knowledgeable and ready to help you secure the coverage that is right for your client.
National Coverage
Many of Aura’s insurance carriers have a national reach, providing coverage to businesses throughout the United States
Ready to Get Started?
Don’t wait until it’s too late. Contact us today to learn more about Workers’ Compensation and how it can benefit your clients.