Industrial Building

HIGH VALUE

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:

$30M total insured value

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

Backup of Sewer/Drains automatically included

Equipment Breakdown available

Excess liability available

Prior insurance not required

ACV or RC

Requirements:

5 years hard loss runs (new purchase for  buildings is acceptable)

Fully Updated

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

Businesses require prior experience

INELIGIBLE RISKS

■ Lack of pride in ownership

■ Claim history - Email the underwriter for acceptability

■ If apartments, no section 8, elderly or student housing

■ No updates

Questions about Acceptability?

 
Industrial Building

POLICY

MAINTENANCE

Endorsements

Please fax all endorsement requests to 630.541.5865

 

OR

Binding Info

Payment Plan Info

■ Payment plan available on Agency and Direct Bill Policies

■ Easy way to handle your account current / commission statements

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

■ No credit check

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

     for non-payment

■ Payment plan ranges from 1 - 10 monthly payments

 

"A Service Designed with the Independent Insurance Producer in Mind" ℠

© 2020 by Insurance Agents' Co-Operative, Inc.