Cost Containment

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.

Related Products

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. 
financial strength

Our financial strength ensures our clients will always be protected.

Click here
holistic portfolio

Our holistic portfolio of products includes more than 100 classes of specialty insurance

Click here
tokio marine

Tokio Marine HCC is part of Tokio Marine, one of the largest P&C insurers in the world

Click here