Commercial 1–4 Family Dwellings Insurance Program from MAXIMUM
MAXIMUM offers a robust Commercial Lines program designed specifically for 1–4 Family Dwellings used for rental or investment purposes. As a trusted wholesale broker, MAXIMUM delivers flexible underwriting, strong carrier access, and a deep understanding of the habitational market. Whether your client owns a single rental home or manages a large schedule of properties, this program helps you provide comprehensive coverage solutions with competitive terms and value-added services.
Ideal Accounts and Appetite
This program is built for agents and brokers placing business for clients who own or invest in 1–4 family residential dwellings. Preferred risks include:
Example: You might have a client who recently purchased a duplex to rent out both units or a small LLC managing a portfolio of ten single-family homes—this program can accommodate both scenarios with tailored coverage solutions.
Coverage Highlights and Advantages
MAXIMUM’s program is designed to address the unique exposures in small residential rental properties. Key coverage features include:
Additional advantages:
- Defense coverage outside the limit
- Expanded bodily injury definition to include mental anguish or emotional stress
- Optional assault & battery coverage in most states
- Loss of income and rental income protection
- Per-location aggregate option for a minimal fee
- Medical payments limit enhancement
- Equipment breakdown coverage
- Coverage available while the property is under renovation
- Replacement cost available for buildings up to 60 years old
- No standard animal exclusion
- GL coverage available for seasonal rentals
- Eligibility for dwellings used to house corporate employees or customers, if owned by an LLC or corporation
- No inspection fees
- Consideration for risks with boat docks or slips
- Special Cause of Loss form available
- Access to Business Solution Vendors (HR services, background checks, tenant screening, ID theft protection)
Underwriting Notes and Ineligible Risks
While this program has broad eligibility, certain risks are excluded:
Territories and Availability
MAXIMUM offers this program on a non-admitted basis in most available states. Coverage is currently available in the majority of U.S. states, including but not limited to CA, FL, TX, IL, NY, and GA. Please note that some coverages have state-specific restrictions.
Why Work With MAXIMUM?
MAXIMUM is a wholesale broker known for delivering underwriting expertise, responsive service, and creative solutions. With no inspection fees and access to a variety of value-added services, MAXIMUM helps agents and brokers place challenging habitational accounts with confidence. Whether you have a new investor client or a seasoned property owner with a large schedule, MAXIMUM is ready to help you find the right fit.
We settle for nothing less than the best choices for our clients, and we put no limit on what we can do for your client's Commercial 1–4 Family Dwellings Insurance needs.
Please reach out to us today by phone or email with any questions and to discuss how we can assist in this process.
Frequently Asked Questions
What types of accounts are a good fit for this program?
This program is ideal for residential dwellings with 1 to 4 units that are owned for rental or investment purposes, including portfolios of up to 50 locations.
Can seasonal rental properties be covered?
Yes, general liability coverage is available for seasonal rental properties under this program.
Is prior insurance required for new property purchases?
No, this program accepts properties with no prior insurance, which makes it a great option for first-time investors.
Are there geographic limitations for property coverage?
Yes, property coverage is not available in certain states and cities including AK, AL, HI, KY, LA, MS, TN, WV, and Detroit, MI.
Does the program offer coverage during property renovations?
Yes, coverage is available while the property is under renovation, providing flexibility for investors improving their properties.
Need help placing an account? Connect with a market specialist.