Provided by Specialty Group

Cost Containment

Cost containment weather insurance is a seasonal coverage designed to protect your bottom line and contain costs associated with adverse weather conditions.

Overview

If you are managing commercial or residential property, you know that extreme, unexpected weather can result in unexpected cost to your business.

This seasonal or annual coverage insures every inch snow, rain or minimum or maximum temperature above the insured amount.

Best for

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

Highlights

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

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.

Get in touch
Robin Lang

USA - Vice President - Contingency

Documents & forms

Your team

Directory
Head office

401 Edgewater Place Drive, Suite 400
Wakefield, MA 01880

(781) 994-6000
Robin Lang

USA - Vice President - Contingency

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why choose tmhcc

Why choose 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.

More about us Financial strength

Not all products, coverages, or features may be available in all states. Restrictions, exclusions, limitations, and conditions apply and you should see your agent for more information. Certain products and services are provided through non-admitted insurance carriers and are not subject to certain State Guaranty Funds.