Difference in Conditions Floater / DIC Floater
What is Covered by a Difference-in-Conditions Policy?
Difference in Conditions coverage (also known as a DIC floater) is written to broaden other property coverage already written and in place. It is intended to provide primary coverage against causes of loss normally excluded in standard property forms, such as flood, water damage and earthquake.
There is no standard coverage form but coverage is offered by both inland marine and property insurance companies. Difference in Conditions coverage may also be included in commercial package policies or as part of a customized commercial insurance solution.
Simplify Shopping for a Difference in Conditions Floater
For over 35 years, Brunswick Companies' business insurance specialists have provided our clients in a wide range of industries with the expertise to help you identify your exposures and simplify your insurance purchase, providing the information you need to make an informed decision. We have the "know-how" to help you ascertain the coverage solution that best meets your needs and financial goals.
We provide our clients with access to a wide range of top-ranked insurance providers. Our extensive experience in insurance risk management makes us uniquely qualified to provide a cost-effective solution to managing your risk.
Comparing Difference in Conditions Coverage
Difference in Conditions floaters may vary widely. The keys to comparison are the limits, deductibles, exclusions, territory and methods of capping coverage. Brunswick Companies' business insurance specialists will assist you in understanding the differences in coverage and selecting the coverage that is the best fit for your business.
Our commercial insurance specialists have extensive experience in carefully reviewing insurance specifications to protect you against exposures and, where warranted, in crafting insurance specifications to meet your unique needs.
Who Utilizes Difference in Conditions Coverage?
This type of coverage is utilized by many businesses in a wide variety of industries who want to expand their protection beyond the standard limitations of mass-market property insurance. These may include contractors, retail operations, manufacturers, service businesses, professional service firms. and real estate owners.
Improve the cost-effectiveness of your business insurance protection. Contact us today.
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