Monoline Property

COVERAGES AVAILABLE:

• Capacity up to $20M per risk (amount subject). Note, capacity varies by construction type, $5M max for frame construction ($3M if non-sprinklered)
• Wind & Hail Coverage available (depending on state and distance to coast).
• No distance to coast restrictions from Maryland to Maine
• Property Enhancement Coverage available including backup of sewers and drains, crime, and other additional coverages
• Equipment Breakdown Coverage available

SUBMISSION REQUIREMENTS

• ACORD Applications
• Supplemental applications for Hospitality & Vacant Buildings
• Statement of values if more than 5 locations
• Currently valued insurance company loss runs, minimum 3 years
• Expiring premium
• Desired terms & conditions

TARGET CLASSES

Hospitality

• Bars & Taverns
• Restaurants
• Catering Halls
• Hotels & Motels
• Bowling Alleys

Retail

• Vacant buildings
• Lessor’s Risk (depending on occupancy)
• Department Stores & Retail Stores
• Grocery Stores
• Offices

Manufacturing

• Machine Shops
• Metal Fabricators

INELIGIBLE RISKS

• 100% Habitational (can consider mercantile with incidental apartment units)
• Recycling
• Warehouses
• Risks in Bankruptcy