Commercial Property Insurance
Insurance for Commercial Properties
We have both admitted and non-admitted programs for Commercial Property.
​
Our Underwriting team operates with direct binding authority on a proprietary Lloyd's of London program and has several other markets to submit your risks to.
-
Admitted & Non-Admitted Programs Available
-
In House Binding Authority with Lloyd's of London
-
Property Products Available: ​
-
Business Owners Policy
-
Property
-
Wind & Wind Buy Backs
-
Target Classes
-
Apartments
-
Banks
-
Condos
-
Lessors Risk
-
Light Manufacturing
-
Offices
-
Restaurants
-
Retail
-
Schools
-
Shopping Malls
-
Warehouses
-
And More!
Coverage Overview
Perils of Wind/Hail, Flood, & Earthquake are available upon review anda availability
Basic & Special Form Available
No restrictions on age of property however, older locations will need to be fully updated
Deductibles
-
$1k for risks under $750k TIV
-
$2.5k for risks over $750k TIV
-
Wind Deductible varies by state
Limits Available
-
Maximum TIV limits $25,000,000
-
Higher TIV limits up to $100M+ are available for Underwriting review
Ineligible Risks Within Our Binding Authority
Claims History: Any open claims
-
Bowling Alleys
-
Distilleries
-
Bridges/ Tunnels/ Dams/
-
Piers/ Wharves/ Docks
-
Explosive & Firework
-
Manufacturers or Stores
-
Greenhouses
-
Manufacturing
-
Nightclubs
-
Gas Stations
-
Utilities
​Should one of your risks fall within one of the classes listed above, please contact Underwriting for consideration.
Large Property Appetite Overview
Target Risks:
General Property
-
Lessor's Risk
-
Retail
-
Offices
Habitational
-
Apartments
-
Assisted Living
-
Mercantile
-
Habitational
-
Garden-style condominiums
Excluded Risks
-
Pre-1987, waterfront hotels/motels
-
Pre-1987, waterfront, ISO 1-3
-
Structural renovations
-
EIFS Cladding except incidental or cosmetic
-
Mid-term or bare accounts
-
Contents/BI only (will consider apartment Rents Only)
Minimum Deductible:
$2,500 - $10,000 AOP
-
1-5% Named Storm Wind/Hail
-
$25,000 - $100,000 All Other Wind
-
Section 8 subsidized (unless incidental)
-
Unprotected aluminum wiring
Geographical Specialty​
-
Wind-exposed property in continental U.S.
Policy Terms:
Up to $300M
Per Risk
-
Generally Full Limit