Commercial Vacant Property

Offered by Griffin Underwriting Services

Vacant Property Vacant Building Commercial Property Commercial General Liability Commercial Excess Commercial Building Owners Foreclosure Theft Security

Description

Product Features
• 3, 6 and 12 month terms available
• 25% minimum earned 12 mos. terms
• Monoline or package policies available
• Special Form can be available if building is newer or updated

Property
• Building coverage
• Business personal property coverage
• Basic, Broad, or Special Form available
• Replacement cost or actual cash value
• TIV in-house limits up to $4,000,000, higher limits available with our brokerage department

General Liability
• Primary limits up to $2,000,000
• Medical payments up to $5,000
• Additional Insureds available
• Coverage limited to designated premises
• Excess/Umbrella limits up to $25,000,000
• A no deductible option is available

Why Vacant Property Insurance?
• Buildings that are vacant for extended periods of time are susceptible to vandalism, theft, and arson, often due to a reduction in maintenance and security oversight.
• Many standard markets choose to exclude insurance on vacant property for various reasons, and many property owners are surprised to learn that after sitting empty for a designated span of time their previous coverage becomes void.
• Griffin has a number of markets and coverages to ensure that all types of vacant property receive the broadest form possible with the least expensive premium!

Eligible Risks
• Foreclosed properties, if owner has moved
• In house authority if vacant for 2yrs or less, can write long term vacancies with carrier referral
• Vacancies with remodeling exposure
• No bankruptcies

*This is just a coverage overview. Actual policy wording applies.

Details

Appointment Required

Carrier Information

Multiple Available

Listing Contact

Karlee Rahm Marketing

Offered By

Griffin Underwriting Services

26 listings in 50 states + DC

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Downloadable Files

Availability 50 states + DC

Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming

Covered

Not Covered

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