Philadelphia Insurance Companies is broadening the eligible classes for its condominium product to include office park condominium complexes.
Available coverages include Property, General Liability, Automobile, Garagekeepers and Umbrella. General Limits up to $1.0 million/$3.0 million are available. Umbrella Liability Limits of up to $1.0 million are available. Large in house property capacity exists allowing the company to write virtually any condominium property exposure that meets its underwriting standards.
Acceptable classes include office condominiums with an occupancy rate of at least 80 percent, and area used as office space of at least 75 percent. Other underwriting criteria and restrictions apply.
For applications, visit phly.com and click on “Products and Services, Forms and Applications” and follow the menu to “Office Buildings”.
Was this article valuable?
Here are more articles you may enjoy.
FTC, States Allege Toast Software Burns Restaurants and Consumers 
New Florida Property-Tax Cut May Bring an Unwanted Side Effect 
Learjet May Have Broken Up Before Fatal Florida Crash, NTSB Says 
Two Dead at Tampa Office After Man Drove Car into Building and Started Shooting 
