REAL ESTATE GL

Highlights:
• All policies are written on A.M. Best ‘A’ XIV rated paper
• Targeted classes of business are Apartment Buildings, Condos & Coops, with or without LRO tenants
• Silent on A&B (we can also provide sublimits)
• Silent on abuse and molestation
• First Dollar coverage
• Hired & Non-Owned Auto coverage available
• $5M Excess Capacity
• Minimum Premium – $5,000
• 
Targeting smaller schedules < 1,000 units
• Student Housing – Off Campus only, not affiliated with any School or University
• Active Senior Living – No medical or social services exposure
• 
Pool exposures allowed providing no slides or diving boards

Excess GL:
• $1M – $5M Excess Capacity is available on a supported basis
• Silent on A&B available

Limits:
• Occurrence Limit – $1,000,000
• General Aggregate Limit – $2,000,000
• Prod/Ops Agg Limit – $2,000,000
• Personal Injury/Advertising Injury Limit – $1,000,000
• Hired & Non-Owned Auto – $1,000,000
• Medical Expense Limit – $5,000
• Damage to Premises Rented To You Limit – $100,000
• $5M Excess capacity on a supported basis

Approved Territories
All States except for New York and California.

Out of scope:
• Night Clubs, Social Clubs, Bars & Taverns as a LRO Tenant unless proof of insurance showing equal or greater limits with full A&B coverage is obtained
• Vacant Buildings, Theaters, Hotels & Motels, Commercial Real Estate, Warehouses

 

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