GregCW -- I believe you are correct that the CA DOI decided everyone was getting Guaranteed Replacement cost...even those that had always had only Basic Form coverage. I love how everyone wants Nordstrom coverage for the K-Mart price, and then complains about the quaiity of their insurance at time o...

I don't think the word Guaranteed is used anymore, not since the Oakland fires. You can get Extended Replacement Cost, though, from everyone.

I would be very surprised if the tenant is not required to hire a licenced contractor to do the work...maybe not a GC, if it's just paint and cosmetic work, but the work has to be done by a licenced and insured contractor.

What you want to do is have your carrier insure it as a property undergoing renovations, presumably being done by a licensed contractor who will name your client as Additional Insured on the Contractor's policy for claims arising from the actual renovations. You then place a policy picking up the Re...

Would agree with Jeff, the markets he indicated can consider the tougher products. I would suspect, though, that given the nature of the product, you may find no takers. Do they have coverage now?

If the pricing on the BOP is too high, you can access a wholesaler who can tap the Lloyds market for you. As well, the Lloyds marketplace doesn't define Terrorism as narrowly as the Federal govt., and sometimes the banks require that broader definition. If you'd like to chat more, PM me. And have a ...

If you have already been out to 3 or 4 MGA"s, what is the hold-up? Are they not able to quote because there is no VeederRoot service in place, or there is prior leakage, or the client just doesn't like the pricing? For storage tank coverage, it's fairly cheap. We can help you more if you can gi...

Also keep in mind the CGL policy is not a Product Warranty...which is why the insured's own product is excluded for simply being defective.

I write this line of coverage all day long...for a larger schedule, you really want a specialist to place the coverage for you, as you may need more than one market to layer the account. Contact me if you'd like me to review this account, or your other DIC/CalQuake business. Lisa A. Foley, ASLI Brok...

Hi there. I have a client who is seeking to buy stand-alone Terrorism coverage for a property he is buying. Reasons for standalone policy are numerous, but valid, and ultimately unimportant to this question. So here's my deal: The bank is requiring the terrorism to extend to both the Property and Li...

Trotter, did you have any luck placing this yet? If not, IM me...we have markets who write this class.

Respond it what way? I write more CAT coverage than straight all -risk, and just can't think of a scenario where the Building Ordinance would come into play for an EPOI loss?

You may want to consider affiliating with someone like Networked Insurance Agents, who have some of those appointments you seek.

As a wholesale broker myself, I don't know of any wholesaler who writes with any of these companies, as they are all Direct Retail appointments.

Good luck.

While you are correct that the CG0001 form does not contain an exclusion for professional services, there is also no trigger for Professional Services, there has to be Property Damage or Bodily Injury to trigger coverage, and Maliscious Prosecution would only be Financial Damages. Plus, your CGL car...

Hello again, Most MGA's will not offer you coveage on Admitted paper; we typically are the Non Admitted markets. I think what the other poster meant to say was to be sure the carrier is on the LESLI list -- meaning they are licensed to transact business in California, but not Admitted. It's a subtle...