Vacant Property

Target Classes

• New construction that is not yet occupied
• New property acquisitions
• Real estate development property not yet under construction
• Foreclosed vacant properties
• Properties available for lease, not yet occupied
• Buildings awaiting renovation

Unacceptable Classes

• Sites or buildings with known pollution exposures
• Parks
• Urban vacant lots
• Lots used for local RV recreational activities
• Lakes or ponds
• Condemned buildings (Unless there is an acceptable plan for demolition to occur within a short period of time. Property coverage is not available on condemned buildings)

Risk Management Services

• Vacant or Unoccupied Building Risk Management Blog

Real Estate

Target Classes

• Lessors Risk (Premises maintained by insured or tenant)
• Office Buildings
• Land
• Banks and Financial Institutions
• Factories
• Self-Storage Garages
• New Ventures/ New Purchases
• Parking lots/ garages
• Combined Office/ Retail/ Mixed Use, with minimal Habitational Exposure
• Warehouse/ Industrial

Unacceptable Exposures

• Non-sprinklered over 5 stories
• Existing mold & asbestos issues
• Residential Apartment Buildings

Property

• Commercial property coverage up to $10M per risk
• Ability to write coastal risks including Wind & Hail Coverage (depending on state and distance to coast)
• Equipment Breakdown Including Spoilage Coverage available as optional coverage
• Property Enhancement Endorsement available including Money & Securities, Backup of Sewers and Drains, and other additional coverages

Environmental - Up to $15M in limits

Excess Casualty

• AM Best rated A++
• Standard & Poor's Assigned A+