Covers costs to restore or recreate lost R&D efforts, data, or prototypes after a covered loss

Estimated loss refers to the potential financial impact of lost research and development efforts due to a covered loss, including costs to recreate data, prototypes, or projects. We've based our estimate on the expenses required to restore R&D initiatives.

Standard property insurance policies may not cover losses related to the destruction of research and development materials, data, or projects. This can result in significant out-of-pocket expenses to restart or recover lost R&D efforts.

USI works with carrier partners to include research and development coverage in your property policy. This enhancement provides protection for costs associated with restoring or redoing R&D work lost due to a covered peril, ensuring continuity in your innovation efforts.

Typically, no. Because of USI's expertise in risk management and strong relationships with insurers, we're often able to provide you with highly tailored insurance solutions with increased coverage at no additional cost.

No. These recommendations are a preliminary hypothesis based on what we know about you. Once we're your broker, USI will determine what data we need to perform a comprehensive analysis of your property coverage needs.

Every property is different, and the level of risk depends on factors such as operational hazards, natural catastrophe exposures, and physical protection in place. We analyze the specific risk factors of your property and recommend enhancements based on those findings. Rather than overselling, our goal is to offer coverage that matches your property’s unique exposures, preventing you from having to bear the financial burden of unexpected repairs.

The claims process with these enhancements is straightforward. These coverage enhancements ensure that more of your property is protected, reducing the chance of disputes over what is or isn’t covered. We streamline the process by clarifying coverage upfront and working closely with your carrier to minimize delays or complications in the event of a loss.