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Industrial Building

SENECA 
COMMERCIAL
POLICIES

PRODUCT

FEATURES

Admitted, A Rated carrier - Very competitive rates!

Coverage for Building Owner or Condo Association - not individual unit owner

Fire and Liability available. Monoline or Package policies available.

Agency and Direct Bill policies are available.

Vacant acceptable with rehab on premises (no structural). Can convert to a "regular" policy once 31% occupied. No cancel/rewrite needed!!!

No Contractors through this program - see Contractors Program

Program Highlights:

$15M total insured value-higher limits available upon request

$1M / $2M maximum occ/agg liability

Backup of Sewer/Drains available

Equipment Breakdown available

Excess liability available

ACV or RC available

Additional coverages available, just ask

Requirements:

5 years loss runs or as long as the building has been owned. 

New purchase is acceptable. 

Fully Updated, in excellent condition

Building owners must get certificates of insurance from commerical tenants and be named as additional insured 

INELIGIBLE RISKS

â–  Lack of pride in ownership

â–  Claim history - Email the underwriter for acceptability

â–  If apartments, no section 8, elderly or student housing

â–  No updates

Questions about Acceptability?

HIGH VAUE INELIGIBLE RISKS
Industrial Building

POLICY

MAINTENANCE

Endorsements

​

Please fax all endorsement requests to 630.541.5865

 

OR

Binding Info

Binding Instructions

Broker of Record Procedure

Payment Plan Info

â–  Payment plan available on Agency and Direct Bill Policies

â–  Easy way to handle your account current / commission statements

â–  Competitive, discounted rate on most quotes (subject to prior payment history)

â–  No credit check

â–  Agent is notified when payment is late and before policy will be cancelled

     for non-payment

â–  Payment plan ranges from 1 - 10 monthly payments

HIGH VALUE POLICY MAINT
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