Coastal Habitational Property Program: Apartments & Condominiums
Eligible Classes of Business:
Ineligible Classes of Business:
- Assisted Living
- Bed & Breakfast
Coverage Highlights! Building and Personal Property and Replacement Cost - No-Coinsurance, 110% Margin Clause Permits Loss Payments to Exceed Blanket Scheduled Limits for Each Location, Building Ordinance or Law Coverage A, Extended Period of Indemnity for Loss of Rents and 365 Days, Demolition and Increased Cost of Construction and $5M, General Liability Limits and $1M/$2M, Non-Owned and Hired Auto Liability and $1M, Excess Liability Options $5M, $10M & $15M, Boiler and Machinery and $10M, Real Property Including Fences, Carports, Signs, Storage & Pools
Attractive Deductibles! All Risk of Direct Physical Damage and $10K Per Location Per Occurrence, Non-Named Windstorm & Hail and $50K Per Location Per Occurrence, Equipment Breakdown and $10K Per Location Per Occurrence, Terrorism and $10K Per Location Per Occurrence, $0 General Liability Deductible
We prefer that locations not have less than $1M total insurable value; however, exceptions are made for small locations that are part of a larger multi-location schedule.