Safeco Ultra Series Business Owners

Safeco’s Ultra Businessowners product is a preferred policy designed for specific classes of business. Businessowners not meeting the eligibility requirements or engaged in operations not usual to this program may be considered under other programs offered by Safeco Insurance. Auto Specialty, Auto Service, Golf & Country Clubs, Religious Institutions and Restaurants are classifications which are not eligible for a Businessowners policy but can be written on a Ultra Commercial Package.

Ultra Businessowner Classifications

· Office buildings may not exceed six stories in height.

· Coverage must be provided on all owned Buildings and Personal Property at each insured location.

· Total Insured Values (TIV) cannot exceed $15,000,000 at any insured location. TIV includes Building and Business Personal Property values.

· Gross annual sales may not exceed $15,000,000 at any one insured location.

· Wholesale, service and processing risks must derive 75% of their gross sales from on-premises operations.