Overview of the Program From Vintage Underwriters
Vintage Underwriters offers a flexible, competitive Lessor's Risk Insurance (Landlord Policy) program built for agents who need market access for tenant-occupied commercial property risks. Whether your client owns a single building or manages multiple leased spaces, this program combines property and liability solutions and focuses on placement options for harder-to-place occupancies through access to multiple non-admitted carriers and tailored underwriting.
Ideal Accounts and Appetite
This program is a strong fit for commercial landlord risks in Texas with tenant occupancy between 31% and 100%. We routinely consider retail, office, food service, service contractors, light manufacturing, and similar occupancies. The program is designed to handle accounts other markets may decline, but there are clear tenant exclusions:
- Fireworks dealers
- Grain silos
- Military or defense-related operations
- Aerospace facilities (office use only is acceptable)
- Pharmaceutical manufacturing or distribution
If you have a borderline or unusual tenant, submit the risk — many are entertained with underwriting review and carrier placement options.
Coverage Highlights and Advantages
Vintage Underwriters can package property and liability under one policy or offer monoline options to suit the insured's needs. Key program features include:
General Liability
- Limits available up to $5M / $5M / $5M (primary)
- Assault & Battery coverage offered where appropriate
- Hired and Non-Owned Auto Liability available
- Aggregate Per Location endorsement available
Property Coverage
- In-house binding authority up to $3M per location
- Brokerage access to placement capacity up to $10M per location
- Business Income and Rental Value offered up to 12 months
- Equipment Breakdown and Sign Coverage available
Umbrella Liability
- Standalone umbrella policy options
- Limits up to $10M written in $1M layers
- $500M per layer; tenant restrictions may apply
Underwriting Notes and Minimum Premiums
We provide practical minimum premiums to help you place accounts that might otherwise be declined:
- Package Policy: Starting at $750 minimum premium
- Monoline Policy: Starting at $500 minimum premium
Our underwriters work directly with agents to evaluate exposures and structure submissions for the best carrier match. We handle both routine and challenged accounts with a solutions-first approach.
Territories and Availability
This Lessor's Risk program is available in Texas and is offered on a non-admitted basis through multiple carrier relationships. Our non-admitted access helps secure coverage for occupancies and risk characteristics that are difficult to place on admitted paper.
Why Work With Vintage Underwriters on Lessor’s Risk Accounts?
Vintage Underwriters brings focused underwriting, market access, and responsiveness to landlord accounts. We specialize in placing tenant-occupied commercial properties — including mixed-use and partially occupied buildings — where flexibility and carrier placement are critical to getting business bound.
Example scenarios that fit well:
- You have a client who owns a 40% occupied retail strip center with a vape shop, hair salon, and small café seeking combined property and liability limits on a non-admitted program.
- Your insured manages a commercial building with office and light manufacturing tenants where one tenant has an uncommon operation — submit for review and we’ll evaluate placement options.
Our underwriting team is available to review submissions and provide guidance on documentation and risk improvements that increase placement potential.
Frequently Asked Questions
What types of accounts are a good fit for this program?
Commercial properties with active tenants — retail, office, light industrial, and similar occupancies. Occupancy between 31% and 100% is eligible; the program is designed to handle many harder-to-place tenant mixes.
Are there any tenant restrictions?
Yes. We typically exclude fireworks dealers, grain silos, military/defense operations, aerospace facilities (except general office use), and pharmaceutical manufacturing or distribution.
Is this program available outside of Texas?
No — this Lessor’s Risk program is currently offered only in Texas.
What are the minimum premiums?
Minimum premiums start at $750 for package policies and $500 for monoline policies.
Can this program cover vacant or partially occupied properties?
Properties with at least 31% occupancy are eligible. Fully vacant properties are excluded.
Need help placing an account? Connect with a market specialist.