Commercial Property

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

Ineligible Risks Within Our Binding Authority

  • Claims History: Any open claims
  • The following risk types are not acceptable:
    • Livestock & Farms
    • Crops
    • Mobile Home Parks
    • 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.

Coverage Overview

  • ​​​​Perils of Wind/Hail, Flood, and Earthquake are available upon review and availability
  • Basic & Special Form Available
  • No restrictions on age of property however, older locations will need to be fully updated
Limits Available
  • Maximum TIV limits $25,000,000
  • Higher TIV limits up to $100M+ are available for Underwriting review
  • $1k for risks under $750k TIV
  • $2.5k for risks over $750k TIV
  • Wind Deductible varies by state

Target Classes

  • Apartments
  • Banks
  • Condos
  • Lessors Risk
  • Light Manufacturing
  • Offices
  • Restaurants
  • Retail
  • Schools
  • Shopping Malls
  • Warehouses
  • And More!

Large Property Appetite Overview

Target Risks:

  • General Property
    • Lessor's Risk
    • Retail
    • Offices
    • Mercantile
  • Habitational
    • Garden-style condominiums
    • Apartments
    • Assisted Living
Policy Terms:
  • Up to $300M per risk
  • Generally Full Limit
Minimum Deductible:
  • $2,500 - $10,000 AOP
  • 1-5% Named Storm Wind/Hail
  • $25,000 - $100,000 All Other Wind
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)
  • Section 8 subsidized (unless incidental)
  • Unprotected aluminum wiring
Geographical Specialty:
  • Wind-exposed property in continental U.S.

How to Quote?

Submit quotes to one of our online raters or submit one of the applications below to our Underwriting team.

Downloadable Documents

Underwriting may request SOV (Statement of Values) in Excel, Loss Runs and/or a Signed No Loss Letter.

Acord 125

Acord 140

No Loss Form