Orchid's Lessor’s Risk Product protects owners of rental property from lawsuits and damages. Real estate owners are protected from legal action by lessees or clients of a lessee in the event of bodily injury or property damage while in the owner’s space.
• Business Owners Policy and Monoline Property policy types available
• Up to $15 million per location, and $25 million per policy in coverage
• Up to $1 million / $2 million in General Liability Limits
• Includes the Orchid Premier Endorsement to enhance certain coverages such as Spoilage, Ordinance or Law, Outdoor Property, Employee Dishonesty, Water Backup, Outdoor Sign, Debris Removal, etc.
• Year of construction- 1950 and newer; 1900 in the Northeast, Charleston, & New Orleans
• Include Wind coverage without any restriction on distance to coast
• BOP policies offered with TIV limits up to $15 million per building
• Online submission process to increase quick turn-around times
Optional/ Additional Coverages
• Equipment Breakdown
• Ordinance or Law
• Employee Benefits Liability*
• Outdoor Property
• Water Backup
• Employee Dishonesty
• Wind Driven Rain
• Hired and Non Owned Auto
• Assault & Battery*
Submitting your risk to Orchid has never been easier. Simply e-mail your commercial submissions (ACORD'S, SOV's, Supplementals, Loss Runs, etc...) to firstname.lastname@example.org.