Habitational - Apartment Program
Offered by Greenwood General Insurance Agency
Habitational Apartments Property Apartment Building Owners Apartment Owners Habitational Buildings Condo Association Package Property & Casualty Property Apartment Building Apartments PackageDescription
Standard Market: Habitational insurance for apartments and condo associations up to $1.5M TIV, no age limitation up to 10 Locations. Turnaround time: Same Day.
Middle Market: Habitational insurance for apartments only, up to $5M TIV per location. This program has an age limitation of 40 years in consideration of frame construction - Turn around time: 1-2 weeks.
High TIV Market: Provides habitational insurance for apartments up to $20M TIV per location. Turnaround time: up to 1 week.
Hard-to-Place Market: Specialized habitational insurance for apartments ranging from $7M–$60M TIV per location. Turnaround time: up to 1-2 week. There are no age limitations in Western States and no restrictions on high-risk electrical panels.
Additional coverages available include HNOA, Equipment Breakdown, Business Income, Sewer Backup, and Building Ordinance.
Coverage available in CA, AZ, NV, OR, TX, WA, UT, ID, KS, OK, WI, SD, OH, IL, IA, MI, and MO.
- $5,000 Minimum Premium – Admitted
- $2,500 Minimum Premium – Non-Admitted
- Additional Insureds can be added at no charge
- Vacancy rate up to 50%
- Loss History Acceptable (No open claims or habitability claims)
Details
Carrier Information
Admitted
Non-Admitted
Listing Contact
Greenwood Marketing
Offered By
Availability 44 states
Covered
Not Covered
