Colonial General Insurance Agency, Inc. offers a focused Foreclosure Cleanup Insurance program for contractors and vendors who prepare foreclosed or evicted properties for resale or re-occupancy. This program is designed for businesses that provide debris removal, general cleaning, cosmetic repairs and exterior maintenance for residential and commercial properties following foreclosure or eviction events.
Ideal Accounts and Appetite
This program is intended for specialty cleanup operations that perform non-structural work, including:
- Debris and trash removal
- General interior cleaning
- Cosmetic repairs such as painting and drywall touch-ups
- Carpet removal and installation
- Floor refinishing
- Landscape maintenance
Eligible property types include single-family homes, condominiums, apartment complexes, and commercial buildings. Operations should generally be limited to non-structural improvements and cosmetic maintenance aimed at preparing a property for resale or occupancy.
Coverage Highlights and Advantages
Commercial General Liability Coverage available:
- Primary limits up to $3 million per occurrence and aggregate
- Excess or umbrella limits available up to $25 million
- Included at no additional charge:
- Lost Key Coverage – $25,000 limit
- Medical Payments – $5,000 limit
- Blanket Additional Insureds – when required by contract or permit
- Primary and Noncontributory wording – for CG 20 33 endorsements
- Waiver of Subrogation – blanket coverage per prior written agreement
- Per-project aggregate
Property Coverage available:
- Building and contents
- Business income
- Computer equipment
- Equipment breakdown
- Outside signs
- Accounts receivable
- Valuable papers
- Inland marine
- Basic, broad, or special form
- Replacement cost or actual cash value (ACV)
Crime Coverage available:
- Inside the premises – theft of money and securities
- Inside the premises – robbery or safe burglary of other property
- Outside the premises
Underwriting Notes and Market Access
Colonial General operates as a Managing General Agency and Excess & Surplus Lines Broker with access to a range of admitted and non-admitted carriers, allowing flexibility based on each risk profile. Markets vary by account characteristics and location.
Target accounts are light-to-moderate hazard cleanup operations. Heavy construction, structural renovations, full-scale remodeling, and specialized services such as mold remediation or asbestos abatement are typically outside the program’s appetite.
Territories and Availability
This program is currently available in the following states:
- Arizona
- California
- Colorado
- Idaho
- Nevada
- New Mexico
- Utah
- Wyoming
Why Work With Colonial General?
Colonial General provides experienced underwriting for niche property and liability risks and works with agents to place accounts that can be difficult to insure in standard markets. Their underwriting team understands the exposures specific to foreclosure cleanup operations and can tailor package solutions across general liability, property, and crime coverages.
Whether you represent a small local cleanup contractor or a regional firm handling multiple properties, Colonial General can help place competitive coverage with flexible admitted or E&S options and value-added endorsements that meet contractual requirements.
Frequently Asked Questions
What types of accounts are a good fit for this program?
Accounts that fit best are businesses performing non-structural cleanup and cosmetic maintenance on foreclosed or evicted properties, such as trash removal, cleaning, minor repairs, flooring work, and landscaping.
Are both residential and commercial properties eligible?
Yes. The program accepts operations on residential homes, condos, apartments, and commercial properties, provided the services fall within the approved, non-structural scope.
What states is this program available in?
This program is available in Arizona, California, Colorado, Idaho, Nevada, New Mexico, Utah, and Wyoming.
Is this an admitted or non-admitted program?
Colonial General can access both admitted and non-admitted markets depending on the risk profile and location, offering flexibility for placement.
Does the program include any value-added coverages?
Yes. Several value-added coverages are included at no additional charge, such as Lost Key Coverage, Medical Payments, Blanket Additional Insureds, Primary and Noncontributory wording, and Waiver of Subrogation.
Need help placing an account? Connect with a market specialist.