Cost Containment

Category: Events
Group: Specialty Group

Cost containment weather insurance is a seasonal coverage designed to protect your bottom line and contain costs associated with abnormal weather conditions such as removal expenses in an abnormally snowy winter season.

Highlights

Risk transfer tool
Stabilizes and protects annual budget
Seasonal or annual coverage
Pays for every inch / degree over budgeted amount

Best For

Condo associations
Municipalities / towns
Private schools / hospitals
Property management companies
Strip malls

Summary of Coverage

Cost containment weather insurance is designed to contain costs associated with abnormal weather conditions. Examples include snow removal costs in an abnormally snowy winter, heating costs in an abnormally colder winter or prolonged winter season, or cooling costs in an abnormally hot season or prolonged summer season. Our seasonal or annual coverage responds to pay for each and every inch of snow, or degree over the budgeted amount.

Income Stabilization

Tokio Marine HCC's income stabilization coverage can be used to protect against the risk of lost sales or revenues due to weather.

Public Entity Insurance

Tokio Marine HCC is proud to offer one of the most comprehensive municipal insurance programs available.

Event Weather

Event weather insurance protects revenue losses caused by adverse weather conditions that reduce attendance and the sales of concessions, food and parking.

Why Tokio Marine HCC?

Tokio Marine HCC is a leading specialty insurance group with offices in the United States, Mexico, the United Kingdom and Europe, transacting business in approximately 180 countries and underwriting more than 100 classes of specialty insurance. Our products and capabilities set the standard for the industry, and many of our almost 3,000 employees are industry-leading experts. Each of our highly entrepreneurial businesses are equipped to underwrite special situations, companies and individuals, and acts autonomously to deliver effective solutions.