Apartment Program
PROGRAM HIGHLIGHTS
- $5,000 Minimum Premium – Admitted
- $2,500 Minimum Premium – Non-Admitted
- Up to $15 million TIV per location
- States Available: AZ, CA, NV, OR and WA
- No Age Restriction – Historical Buildings Not Applicable
- Additional Insureds can be added at no charge
- Vacancy rate up to 25%
- Loss History Acceptable (No open claims or habitability claims)
SUBMISSION REQUIREMENTS
- 3-5 Years Loss Runs
- Supplemental App
- Acord 125 + 126 + 140
- Minimum of 4 units (5 in CA) OR 2 Hab units plus ground floor mercantile – Mercantile exposure limited to 50% or less
- Liability $1M/$2M with $ 2M/$4M subject to approval on larger accounts over $10,000 in premium
- Additional Coverages: HNOA, Equipment Breakdown, Business Income, Sewer Back Up and Building Ordinance