Commercial Scheduled Rental Dwelling Program from Continental Risk / Continental Marine Insurance Services
Continental Risk / Continental Marine Insurance Services offers a robust Commercial Scheduled Rental Dwelling Program designed specifically for agents and brokers seeking comprehensive property and liability solutions for portfolios of rental dwellings. This program simplifies coverage with a single policy, payment, and renewal date—ideal for managing multiple properties under one streamlined solution.
Ideal Accounts and Program Appetite
This program targets clients who own or manage portfolios of residential rental properties, including:
- Single-family homes
- Multi-family dwellings (up to 6 units)
- Incidental condominiums and manufactured homes
- Properties with mixed-use occupancy (e.g., retail or office space at street level with rental units above)
- Vacant dwellings and vacant land (liability only)
The program accommodates portfolios starting at a minimum of 10 properties, with no upper limit, making it well-suited for investors, property managers, and real estate holding companies.
Coverage Highlights
Agents can offer their clients a broad range of coverage options, including both property and liability protection:
Property Coverage:
- Building coverage
- Business personal property
- Business income/rental value (including extra expenses)
- Scheduled equipment
- Crime coverage
- Inland marine
Liability Coverage:
- Premises liability limits up to $1M
- Excess liability available up to $5M
- Medical payments coverage of $5,000
Optional Enhancements:
- Co-insurance options from 80% to 100%
- Wind/hail deductibles of 2%, 3%, or 5%
- Personal injury (e.g., invasion of privacy)
- Advertising injury (e.g., libel or slander)
- Equipment breakdown
- Buried utility line coverage
- Identity recovery
Underwriting Parameters and Premiums
Each individual dwelling can be valued up to $1 million, with property valuation available on either an actual cash value or replacement cost basis. A two-story height limit applies. Deductibles range from $500 to $25,000, offering flexibility to match risk tolerance and pricing expectations. Minimum premiums vary by account.
States Available
This program is available in most U.S. markets, including but not limited to: CA, TX, FL, NY, IL, GA, and over 40 other states. Check with us for specific eligibility in your state.
Why Work With Continental Risk / Continental Marine Insurance Services
As an experienced Excess & Surplus Lines Broker, Continental Risk / Continental Marine Insurance Services provides access to a range of carriers and customized solutions for hard-to-place or large-schedule rental dwelling risks. Whether you're placing a portfolio of vacant homes or a set of mixed-use rental properties, our underwriting expertise and flexible coverage options help you deliver value to your clients.
For more information or to submit a risk, please contact our office at 866-699-2747.