Electronic Data Processing Insurance Floater / EDP Floater
What is Covered by an Electronic Data Processing Policy?
Electronic Data Processing coverage insures against loss or damage to electronic data processing equipment and media owned, leased or used by the insured. Computerized production equipment may also be insured in addition to conventional computer equipment. Coverage may extend to breakdown and power interruption.
Electronic Data Processing coverage is a form of inland marine insurance. It may be purchased separately, included in commercial package policies or as part of a customized commercial insurance solution.
Simplify Shopping for an EDP 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 Differences in Electronic Data Processing Coverage
Electronic Data Processing floaters may vary widely. Forms should be compared with respect to exclusions, on- and off-premises coverage and transit. The valuation basis is a consideration because most computer systems will not be replaced with systems of like kind and quality due to changes in technology. 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 Electronic Data Processing Floaters?
This type of coverage is utilized by many businesses in a wide variety of industries whose business depends upon computers and related equipment - in fact, almost every business today should consider this type of protection.
Improve the cost-effectiveness of your business insurance protection. Contact us today.
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