1-4 Family Dwelling Insurance Program from Cochrane & Company
As a trusted Managing General Agency, Cochrane & Company offers a specialized insurance solution for 1-4 family dwellings. This program is designed specifically for properties owned by individuals or corporate investors and used as income-generating rentals. Whether your client owns a duplex, triplex, or fourplex—this program offers the flexibility and protection they need.
Ideal Accounts and Target Risks
This program is well-suited for a wide range of rental property ownership scenarios, including:
- Single-family homes and multi-family dwellings (up to 4 units)
- Properties owned by real estate investors—individuals, LLCs, or corporations
- Owner-occupied 2-4 family properties (credit available)
- Mobile homes used as rental dwellings
- Locations rented seasonally or on a timeshare basis
Examples of ideal placements include a client who owns multiple duplexes across Idaho and Oregon for long-term rentals, or a property investor with seasonal vacation rentals in Nevada. Locations with boat docks or slips can also be considered.
Coverage Highlights and Advantages
This program provides robust liability and property protection specifically tailored to the risks of rental dwellings:
Liability Coverage Features:
- No General Liability Deductible
- Expanded bodily injury definition to include emotional distress and mental anguish
- Hostile Fire Exception to Pollution Exclusion
- Defense costs paid outside the liability limits
- Hired and Non-Owned Auto Liability coverage available in most states
- Medical expense limits up to $25,000
- Limits available up to $1,000,000 per occurrence / $2,000,000 aggregate
- Commercial Umbrella coverage available up to $5,000,000
Property Coverage Features:
- Special and Basic Form options
- Replacement Cost Coverage available
- Business Income and Rental Value coverage
- Owner’s Contents and Equipment Breakdown coverage
- Available in Protection Classes 1–8
- Coverage available in hail and tornado-prone areas (special deductible may apply)
- Renovation coverage available
- Commercial property limits up to $1,000,000; coastal areas up to $500,000 (wind and hail excluded)
Flexible Policy Options
- Monoline Liability
- Monoline Property
- Package policies available
Underwriting Notes and Minimum Premiums
This is a non-admitted program with access to various carriers. Minimum premiums vary based on property characteristics, location, and selected coverages. Cochrane & Company works closely with agents to review submissions and tailor coverage to fit each risk.
Territories and Availability
Available in the following states: AK, AZ, CA, ID, MT, NV, NM, ND, OR, UT, WA, and WY. If you write rental property business in these regions, this program offers a competitive and flexible market solution.
Why Work with Cochrane & Company?
With deep experience in E&S markets and property liability programs, Cochrane & Company stands out as a reliable partner for placing hard-to-place or non-standard dwelling risks. Their ability to consider a wide range of property uses—including seasonal rentals, renovations, and mobile homes—makes them a valuable resource for agents seeking flexible solutions for their investor clients.
Have questions about the 1-4 Family Dwelling Insurance program or want to discuss a specific account? Contact Cochrane & Company today to learn more.