What a DIC Policy Covers
Floods, earthquakes, and natural disasters disrupt even the best plans; Difference in Conditions insurance can help protect against these disasters financially.
A DIC policy offers more complete insurance protection by:
- Tailoring coverage to your specific needs
- Purchasing only the limits you need
- Choosing a proper deductible that fits your financial situation
DIC insurance products may not have a loss history and are challenging to price using standard actuarial methods. Therefore, surplus line insurers specialize in underwriting non-standard risks and write DIC insurance to fill gaps. Due to the high-value complexion of DIC policies, it is common for buyers to see high premiums and high deductibles.
Chivaroli & Associates Has Access to the Necessary Resources
Properly analyzing the environmental characteristics and historical occurrences of your organization’s immediate and general surroundings will help determine if this insurance is needed. Chivaroli & Associates has access to the resources necessary to complete these studies and will advise your organization of the potential implications when deciding whether to secure this coverage.
