Novatae Risk Group
Contact Us
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Novatae Risk Group
Contact Us
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Commercial and Personal Property Insurance Coverage

Program Features:

  • Commercial & Personal Lines Properties
  • Low (or no) Wind Deductibles
  • Wind Deductible Buy-Back Program
  • Monoline Wind Coverage
  • DIC
  • Earthquake

Accepted Risks:

  • Tough Risks
  • Prior Claims History
  • Lapse in Coverage
  • High Profile Personality Owned

Commission:

  • Up To 12.5%

Featured Carrier:

Our Specialties:

  • Condominium Associations
  • Apartment Buildings
  • Hotels & Motels
  • Retail Store
  • Restaurants
  • Vacant Properties
  • Builder's Risk and Course of Construction

Appetite:

  • COVERAGE: Limits = $7,000,000 limit of loss with access to higher limits. (Primary, Excess, and full valued limits)
    1. “ALL RISKS’ excluding flood, and earthquake,
    2. D.I.C. including stand alone flood and earthquake
    3. Stand Alone Windstorm and Hail
    4. All occupancies considered, no restrictions
  • COVERAGE: FLOOD only, Limit = up to $10,000,000 all zones considered (All occupancies considered, no restrictions)

Areas of Success:

  • Older Structures
  • Non-Sprinklered Risks
  • More Hazardous Occupancies
  • Medium - High Brush Exposure
  • Protection Codes 4 - 6 or Higher
  • Risk with Quote Time Constraints
  • Risks With Prior Shock Losses
  • Flood A&V, CBRA & Non-Participating Zones

Submission Requirements:

U.S. States Available

  • U.S. States Available:
  • Provider Type:
    Wholesale Broker
  • Admitted:
    Most Available States
  • Carriers:
  • Carrier Ratings:
    As high As A-XV Rated Carriers
  • Commission:
    12.5%
  • Min Premium:
    $500

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Novatae Risk Group has other insurance programs like “Tough” or Difficult to Place Risks Program.