Wanted you both in on the loop of this, this is a need for the bank line closing and the landlord. 



> Begin forwarded message:
> 
> From: Shyla Lankford <slankford@lipscombinsurance.com>
> Subject: Property Questions
> Date: September 30, 2025 at 10:09:11 AM EDT
> To: Nathan Staron <nathan@lithiumbatterycompany.com>, Brian Stufflebean <brian@mavrix.one>, Jarrett Brownfield <jarrett@lithiumbatterycompany.com>, Jarrett <jarrett@mavrix.one>, "jarrett@marvix.one" <jarrett@marvix.one>
> Cc: Paxton Kelso <pkelso@lipscombinsurance.com>
> 
> Nathan,
>  
> We are working with the markets to get your property coverage placed.  They are asking for some clarification on a few items.  Below are the limits that we are working on placing and the questions they are asking.  Please advised.
>  
> Limits
>                 Business Personal Property (BPP):  $3,000,000
>                 Tenants Improvements & Betterments: $25,000
>                 Business Income/Interruption:  $10,000,000
>  
> Questions
> Please confirm if the BPP limit above includes stock or is just machinery. If it includes both, please break down the values between the two.
> Have you started any operations in the 3900 Coachman location?  If so, what processing are currently operational?
> Details on your production process?
> Amount of raw/finished material warehoused on site?
> Protections in place to prevent/mitigate loss? Especially losses due to fire/explosion.
> Do you have any Business Interruption redundancies in place?
> Are you using any specialized manufacturing equipment? If yes, what is the wait time to replace this equipment?
> The 7 months of coverage that you had for the S West Shore location, was any manufacturing of batteries completed at this location?
> Do you store completed batteries on site? If so, how long for and are they fully charged?
> Any damage to the building from recent storms.
>  
> The underwriters are also requesting a business income worksheet.  If you could answer the questions above first and then work on the worksheet that would be best.  This is the link to complete the worksheet:https://chubbweb.chubb.com/chubbtraining/myBI.html
>  
>  
>  
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> Shyla Lankford, CRIS, NcAM
>  <https://www.irmi.com/certifications/construction-risk-insurance-specialist>￼Chief Operating Officer / Partner
> CA License #4270591                            
>    D:   214.420.5206
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>  
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Best regards,



Brian C. Stufflebean
CEO, Co-Founder
(941)545-4153 Direct
(866)896-2423 Fax

￼


brian@mavrix.one <mailto:brian@mavrix.one>

https://mavrix1.com/










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