Nuts & Bolts: Appleby & Sterling has a new apartment package market available. No maximum number of unit constraints, five or more units per building. Built prior to 1960, updates required for all buildings over 25 years. Ninety percent occupancy or better, no loss history over 35 percent. Special supplements needed.
Dollars: General liability – $1,000,000 per OCC./$2,000,000 General AGG. Pools fenced. Minimum premium – $2,500 per package (GL, PROP.).
Carrier: Non-Admitted A-X.
States Available: California, Arizona, Nevada
Contact: Mike Maurer, (818) 707-3488
Was this article valuable?
Here are more articles you may enjoy.
US P/C Rebounds to Post Q1 Underwriting Gain; Net Income Doubles 
‘Ghost Broker’ Who Procured 1,120 Policies Through Fraud Arrested 
Virginia’s New Gun Laws Challenged by Some Local Prosecutors and Lawsuits 
Flood Insurance Gap Will Squeeze Local Governments and Homeowners, Moody’s Says From This Issue
