Description
Masterpiece Condominium Preference and Masterpiece Cooperative Preference provide high limits of property and liability insurance coverage. They include $100,000 in coverage for assessments to all unit owners for incidents that may not be adequately addressed by a building association or its master insurance policy. Separate $10,000 limits apply for assessments resulting from deductibles under the association's policy.
Admitted in New York
Deductibles range from $500 to $50,000. The minimum limit is $300,000 for alterations and additions, $400,000 for contents.
Carrier Information
Several Chubb Companies including Federal andVigilant
Admitted
Rating A++
Rating By A.M. Best
Offered By
Availability 2 states
Covered
Not Covered