How Hanover Prestige delivers value

Hanover Prestige coverage options offer flexibility and choice for your customers, while other companies may not. Hanover's Prestige offers superior service and protection for high-value homes and autos from our suite of coverage options in the $750K to $3M Coverage A segment.

Coverage	Description	Hanover Prestige	ISO	Other carriers
Cash out	Pays up to Coverage A if you choose to rebuild house at other location	Included	Not available	Varies
Ordinance or law	Coverage to comply with new laws and regulations	100% of Coverage A	10% of Coverage A	Available up to Coverage A
Actual loss sustained	No time or budget cap	Included	Available	Available
Debris removal	Reasonable expense	Included	5% of Coverage A	Available
Service line	Physical damage to buried service lines, including wear and tear	$20,000	Not available	Unable to validate
Loss mitigation	To prevent similar losses when loss is more than $10,000	$2,500	Not available	Not offered
Schedule wine, jewelry, etc.	All risk coverage	Endorsement available	Varies	Endorsement available
Water backup	Covers damage as a result of sewer back up or sump pump failure	$25,000 included Up to 100% of Coverage A available as an endorsement	Available up to $25,000	Available up to Coverage A
Personal injury	Coverage for libel, slander, etc.	Included	Available	Varies
Large loss deductible waiver	Losses over $50,000 have no deductible	Included	Not available	Unable to validate
Named insured for trust	Coverage for owners with property held within a trust	Available	Available	Endorsement available
Cyber	Cyber attack, cyber extortion, fraud, data breach, cyber bullying	Available	Not available	Varies
Contents	Personal property replacement cost	50% included, up to 150% of Coverage A available	50% of Coverage A included	Typically, 50% to 75% of Coverage A
Additional options include: ordinance or law, debris removal, personal injury, green upgrades, replacement cost for non-building structures

Coverage	Description	Hanover Prestige	ISO	Other carriers
Agreed value	Pays up to value selected	Endorsement available	Available	Varies
Worldwide rental	Extends coverage for rented vehicles to any country excluding those with trade embargoes	Included	Not available	Varies
Motorcycle	Comprehensive coverage options	Available	Available	Available
Additional options include: rental upgrade, travel companion, lifetime OEM parts, new car extender, agreed value, waiver of deductible

Coverage	Description	Hanover Prestige	ISO	Other carriers
Umbrella	Limits up to $10 million	Available	Available up to $5 million	Varies
Dwelling fire	Coverage for rental properties up to eight units	Available	Varies	Varies
Nonprofit board member	Coverage available when no compensation is received	Included with Umbrella	Included	Varies
Watercraft	Watercrafts valued up to $500,000	Available as standalone policy	Endorsement available	Varies

Home

Coverage	Description	Hanover Prestige	ISO	Other carriers
Cash out	Pays up to Coverage A if you choose to rebuild house at other location	Included	Not available	Varies
Ordinance or law	Coverage to comply with new laws and regulations	100% of Coverage A	10% of Coverage A	Available up to Coverage A
Actual loss sustained	No time or budget cap	Included	Available	Available
Debris removal	Reasonable expense	Included	5% of Coverage A	Available
Service line	Physical damage to buried service lines, including wear and tear	$20,000	Not available	Unable to validate
Loss mitigation	To prevent similar losses when loss is more than $10,000	$2,500	Not available	Not offered
Schedule wine, jewelry, etc.	All risk coverage	Endorsement available	Varies	Endorsement available
Water backup	Covers damage as a result of sewer back up or sump pump failure	$25,000 included Up to 100% of Coverage A available as an endorsement	Available up to $25,000	Available up to Coverage A
Personal injury	Coverage for libel, slander, etc.	Included	Available	Varies
Large loss deductible waiver	Losses over $50,000 have no deductible	Included	Not available	Unable to validate
Named insured for trust	Coverage for owners with property held within a trust	Available	Available	Endorsement available
Cyber	Cyber attack, cyber extortion, fraud, data breach, cyber bullying	Available	Not available	Varies
Contents	Personal property replacement cost	50% included, up to 150% of Coverage A available	50% of Coverage A included	Typically, 50% to 75% of Coverage A
Additional options include: ordinance or law, debris removal, personal injury, green upgrades, replacement cost for non-building structures

Auto

Coverage	Description	Hanover Prestige	ISO	Other carriers
Agreed value	Pays up to value selected	Endorsement available	Available	Varies
Worldwide rental	Extends coverage for rented vehicles to any country excluding those with trade embargoes	Included	Not available	Varies
Motorcycle	Comprehensive coverage options	Available	Available	Available
Additional options include: rental upgrade, travel companion, lifetime OEM parts, new car extender, agreed value, waiver of deductible

Additional coverage

Coverage	Description	Hanover Prestige	ISO	Other carriers
Umbrella	Limits up to $10 million	Available	Available up to $5 million	Varies
Dwelling fire	Coverage for rental properties up to eight units	Available	Varies	Varies
Nonprofit board member	Coverage available when no compensation is received	Included with Umbrella	Included	Varies
Watercraft	Watercrafts valued up to $500,000	Available as standalone policy	Endorsement available	Varies

Why Prestige?

There are growth opportunities within the high-value market. Customers have options out in the marketplace, but �� delivers the value of its product suite and service that stands out.

We're here to help you reach those high-value customers, so you can build your book of business.

Paul James, Vice President, Personal Lines, National Sales explains why Hanover Prestige stands out from other carriers.

The information contained in this material was obtained from public sources including company websites, press releases, advertising, filings, and other documents as of the date indicated. This material is provided for informational purposes only and �� provides no warranty on the accuracy of the information contained herein. Not for external distribution without the written consent of �� Insurance Group.