Search found 5 matches

by applous6
Tue Nov 13, 2018 8:01 pm
Forum: Hard-to-Place Accounts
Topic: Markets In Louisiana, Restaurants(Chinese Buffet and Habachi)
Replies: 0
Views: 27697

Markets In Louisiana, Restaurants(Chinese Buffet and Habachi)

Good evening guys, I have a few clients in Louisiana and they want to insure their restaurants (Chinese Buffet and Habachi) I tried Guard and Travelers. Guard accept Buffet but not Habachi (Table Side Cooking) Traveler doesn't accept neither of them. I want to find a MGA that can write those risks, ...
by applous6
Tue Nov 13, 2018 7:57 pm
Forum: Hard-to-Place Accounts
Topic: HO-6 or DP1 DP2 for a rental condo
Replies: 7
Views: 29999

Re: HO-6 or DP1 DP2 for a rental condo

HO-6 only applies for an owner occupied residences. Need a DP3. Need to review the CCR's on the Condo Assn. As that will help determine how much dwelling coverage is needed. Interior structures, etc. stairs, fixtures and even interior walls and ceilings are rarely covered in the Assn. Policy. Need ...
by applous6
Tue Nov 13, 2018 7:54 pm
Forum: Hard-to-Place Accounts
Topic: HO-6 or DP1 DP2 for a rental condo
Replies: 7
Views: 29999

Re: HO-6 or DP1 DP2 for a rental condo

I've seen 2 ways carriers insuring a tenant occupied condo. Some carriers developed separate products for such situation, and called it HO9/DP9 (at least informally). Others simply use the regular HO6 form, but a "Unit occupied by tenant" endorsement needs to be added. The latter is probably more p...
by applous6
Tue Nov 13, 2018 1:23 pm
Forum: Hard-to-Place Accounts
Topic: HO-6 or DP1 DP2 for a rental condo
Replies: 7
Views: 29999

Re: HO-6 or DP1 DP2 for a rental condo

sankykid wrote:
Tue Nov 13, 2018 11:17 am
I believe you would want a tenant occupied HO6. I know such a policy is offered by at least some carriers.
I found a few as well, Thank you very much for your help :)_
by applous6
Mon Nov 12, 2018 11:23 am
Forum: Hard-to-Place Accounts
Topic: HO-6 or DP1 DP2 for a rental condo
Replies: 7
Views: 29999

HO-6 or DP1 DP2 for a rental condo

Good afternoon guys, I have a client she owns a condo and she rent it out. what policy should I get for her? HO-6 or DP? She doesn't have any personal property in the condo. There is an HOA for the condo. If I go with DP should I still have the dwelling coverage? some of my friends said the dwelling...