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Rental Propery
Market Detail: US Assure‘s rental dwelling product is available for well-maintained one to four family unit dwellings, including their detached structures, occupied by tenants only. Properties can have no more than two losses in the past three years and must have had continuous insurance coverage for the past three years. The rental dwelling product is available with no premium commitment. Coverage features include: rate, quote and issue policies online; standard 12 month policy term, with short-term policies available; and optional coverage including loss of rents, theft, back up of sewer and drains, and tenant relocation and additional living expenses. Property coverage up to $1 million and premises liability up to $1 million each occurrence/aggregate available. Rental dwelling policy can easily be converted to a vacant structure policy. Coverage is offered on an admitted basis in most states.
Available limits: As needed.
Carrier: Unable to disclose, admitted.
States: All states except Alaska, Calif., D.C., Dela., Fla., Hawaii, Idaho, Kan., Maine, Md., Mont., N.D., N.H., N.Y., Okla., Ore., R.I., Utah, Vt., Wash., Wyo., and W.Va.
Contact: Customer service at 800-800-3907.

Builder’s Risk
Market Detail: CorRisk Solutions covers commercial ground-up construction projects including renovations (existing structure on referral). Minimum premium starts at $1,000. Limits: $7.5 million per occurrence, including soft costs; $100,000 Property in Transit per occurrence; $100K property in temporary storage per occurrence; $2.5million flood sublimit per occurrence and aggregate; and $2.5 million earth movement sublimit per occurrence and aggregate.
Available limits: Minimum $100,000, maximum $7.5 million.
Carrier: Allianz.
States: All states.
Contact: Heather Jensen at marketing@corrisksolutions.com.

New Trucking Program
Market Detail: Brookside General Insurance Services Inc. has a new trucking program with an admitted market for local to long-haul trucking. Accepting new ventures and foreign licensed drivers.
Available limits: As needed.
Carrier: Unable to disclose, admitted.
States: Ariz. only.
Contact: Rudy Mendoza at 209-476-8022 or email: rudy@brooksidegeneral.com.

Architects and Engineers E&O Program
Market Detail: U.S. Risk Insurance Group ‘s exclusive national program includes the ability to write primary and excess limit options for an expanded number of classes. The program will be underwritten by certain underwriters at Lloyd’s and allows for flexible underwriting and the ability to consider most classes and project types. Standard architects & engineers also included – architects, interior design, landscape, and engineering disciplines – civil, electrical and mechanical. Minimum premiums based on $1 million/$1 million limits (limits available up to $3 million). Form highlights include worldwide coverage; no mold exclusion; supplementary payments for pre-claims assistance and reimbursement for attendance at mediation/arbitration/regulatory/disciplinary/trial proceedings; no copyright or trademark exclusion; joint ventures included within the definition of insured; coverage for punitive damages where insurable by law; three year bilateral ERP options; waiver of subrogation where a written agreement is in place prior to a claim; and coverage for services performed by others on behalf of the named insured pursuant to a written contract for whom the named insured is to be held vicariously liable.
Available limits: Minimum $1 million, maximum $3 million.
Carrier: Various, admitted and nonadmitted available
States: All states.
Contact: Ed Frey at 800-232-5830 or email: ed.frey@usrisk.com.

California Real Estate Risks
Market Detail: Bentley Wholesale Insurance Solutions Inc. offers real estate coverage for California risks. Comprehensive coverage includes: limits offered up to $1 million/$2 million; minimum retentions starting at $5,000; property management coverage available; and prior acts coverage available. To be eligible, real estate related services must not exceed $1 million in prior year revenue and no prior claims or known circumstances during the past five years. Base form coverage enhancements include full limits for third-party discrimination; owned property coverage; $50,000 sublimit for contingent bodily injury/property damage; $500,000 sublimit for failure to disclose pollutants (including mold); $50,000 sublimit for open-house claims; $10,000 defense of licensing proceedings; $10,000 subpoena assistance; 50/50 hammer clause; independent contractors included in the definition of insured; personal and advertising injury coverage; joint venture coverage; and franchisor coverage as an additional insured.
Available limits: As needed.
Carrier: Lloyd’s and various.
States: California Only.
Contact: Paul Byrne at 949-415-7726 or email: paul.byrne@the-brokers-broker.com.

Topics California