Nuts & Bolts:
New Age Brokerage LLC, based in Morristown, N.J., made available a comprehensive apartment building insurance product, now available to insurance agents and brokers in New York, New Jersey, Pennsylvania, Maryland, West Virginia, Virginia, North Carolina, Tennessee, South Carolina and Georgia. New Age Brokerage offers comprehensive property/casualty programs specifically designed to meet the needs of owners and managers involved in the commercial apartment building market. The program can be written on either a multi-peril commercial package policy, including property and general liability coverages, or on a monoline property basis.
Dollars:
The program offers property limits up to $5 million and general liability limits of $1 million per occurrence/$2 million general aggregate. Minimum premium for the package is $2,500 with deductibles ranging from $2,500 to $25,000.
Carrier:
Aspen Specialty Ins. Co., rated “A-” (excellent) VIII by A.M Best.
States Available:
Georgia, Maryland, New York, New Jersey, North Carolina, Pennsylvania, South Carolina, Tennessee, Virginia and West Virginia.
Contact:
LauraAcquadroorRichardTrezza,(800)834-2109orwww.primary-group.com.
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