Description

The Program writes commercial historic properties exclusively on Zurich paper, at Agreed Value with Historic Replacement Cost valuation.

 

Eligibility includes:

  • Properties individually listed on the National Register of Historic Places or a state or local register
  • Contributing buildings in a historic district
  • Built before 1950 and meeting the National Parks criteria for registry evaluation as follows:
    • Is associated with events that have made a significant contribution to the broad patterns of our history; or
    • Are associated with the lives or persons significant in our past; or
    • Embody distinctive characteristics of type, period or method of construction or represent the work of master craftsman, or that possess the high artistic values, or that represent a significant and distinguishable entity whose component may lack individual distinction; or
    • Have yielded, or may be likely to yield, information important in prehistory or history

 

We can consider Package coverage for most commercial non-manufacturing exposures that are occupied.

 

Target Classes of Business:

  • Hotels or inns
  • Museums
  • Preservation organizations
  • Real Estate and retail property (residential and commercial)
  • Restaurants
  • Theatres

 

Guidelines for habitational exposures are:

  • Construction: MNC or better
  • Protection:
    • Fully Sprinklered
    • CSA including Fire/Smoke and preferably Sprinkler Leakage
  • Designation: building must be on a registry or a contributing building within a Historic District
  • Water Damage Deductible: $100,000 minimum
  • Loss Ratio </= 25% on the current term and 3 years plus current combined

 

We require:

  • Acord application with update information for all operating systems
  • Our supplemental application for targeted classes of business which we will provide
  • An SOV for multi premises risks
  • 5-year hard copy loss runs

Coverages Offered

Workers Compensation

Umbrella Liability

Directors And Officers Liability

General Liability

Liquor Liability

Fine Arts

Business Personal Property

Historic Building Valuation

Binding Authority

Availability

Applications and Informational PDFs

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