COMMERCIAL REAL ESTATE PROGRAM

CLASSIFICATIONS: Apartment buildings, garden apartments, condominiums, cooperative apartments and apartments with mercantile, planned unit developments, office buildings, shopping centers, mercantile buildings, hotel/motel and other lessor risk commercial real estate.

 

TERRITORY: 48 States

 

PROPERTY: Limits up to $20MM per location including building, contents, time element coverages and ordinance or law. Special form, agreed amount, replacement cost available. Deductibles starting at $2,500. Equipment breakdown available.

*Texas to Maine Wind Exclusion applies to Tier 1 and Tier 2 counties*

 

COVERAGE: Property, general liability and crime (lessors risk only)

 

GENERAL LIABILITY: $1M/$2M limits available. Per location limit available. No deductible. Employee benefits liability, hired non-owned auto and stopgap coverage available.

 

CRIME: Limits up to $500,000 for employee dishonesty; Limits up to $250,000 for forgery and alteration; theft disappearance and destruction; robbery and safe burglary; premises burglary.

 

ENHANCEMENT ENDORSEMENT(S): Various broadening endorsements provide important coverages tailored specifically for
this class of business.

 

OTHER: No age restrictions or construction class restrictions

COASTAL PACKAGE PROGRAM

CLASSIFICATIONS: Apartment buildings, apartments with mercantile, garden apartments, office buildings, shopping centers,
condominium complexes, mercantile buildings and other lessors risk only commercial real estate.

 

TERRITORY: *** Tiers 1 and 2 Counties Only***

Admitted: CA, NJ, and MA

Non admitted: CT, DE, LA, MD, ME, MA, MS, NH, NJ, NY, PA, RI, TX, VA, and Washington D.C.

 

COVERAGE: Property, general liability, crime, hired and non-owned automobile.

 

PROPERTY: Limits up to $20M  per location.  Special form, agreed amount, replacement cost available. Equipment Breakdown available.  Deductibles starting at $2,500. Flood and Earthquake sub-limits of $1M available where acceptable.

 

DEDUCTIBLES: AOP from $2,500. Wind/Hail - Varies by territory.

 

OPTIONAL COVERAGE'S AVAILABLE:

- Flood

- Earthquake

- Ordinance or law

- Equipment Breakdown

- Property Enhancement Endorsement

 

OTHER INFORMATION: All construction classes. No age restrictions.

CONDOMINIUM PROGRAM

CLASSIFICATIONS: Condominium Complexes, Co-ops, Homeowners Associations, Commercial Condominiums, Planned Unit Developments

 

TERRITORY: Arizona, California, Illinois, New Mexico, Nevada, Oregon, and Washington.

 

COVERAGE:  Property, general liability, crime, hired and non-owned automobile.

 

PROPERTY: Limits up to $40MM amount subject. Special form, agreed amount, replacement cost available. Deductibles starting at $2,500. Equipment break-down available.

GENERAL LIABILITY: $1M/$2M and $2M/$4M limits available. No deductible. Hired and non-owned automobile, employee benefits liability and stop gap available.

 

CRIME: Employee dishonesty and money and securities are provided under our property broadening form. Those limits can be increased to a max of $250,000.

 

Property broadening form includes important coverages
tailored specifically for this class of business. They include:

- Back up of sewers and drains

- Money and securities

- Employee dishonesty

- Increased cost of construction

- Newly acquired or constructed property

- Debris removal

- Fire extinguisher/suppression recharge

- Outdoor signs

 

 

CLASSIFICATIONS: Commercial property classifications including habitational, shopping centers, mercantile, hotel/motel, office buildings and other commercial classes.

 

TERRITORY: Texas, Louisiana, Mississippi, Alabama, Florida (excl Dade, Broward, Palm Beach counties), Georgia,
South Carolina, North Carolina and Virginia.

 

COVERAGE: Special Form OR Wind/Hail cause of loss coverage only.

 

PROPERTY: Limits up to $5MM per location, maximum value per location $10MM.

 

OTHER INFORMATION:

- All construction classes (some distance to coast restrictions for frame)

- Business income available

- Ordinance or law available

 

GUIDELINES:

- No EIFS

- No light metal buildings

- Minimum distance from coastal water: 1,500 feet

- Maximum roof age: 15 years old

- Maximum number of stories: 3

- Maximum business income limit: 50% of building limit

- Minimum insurance to value: 90%

 

PRODUCT DIRECTORY

CLICK ON EACH STATE
TO SEE THE PRODUCTS AVAILABLE

COASTAL PROPERTY PROGRAM