https://completemarkets.com/company/riscinc/vacant-property-insurance/
RISC's Vacant Property Insurance program (Vacant Select) is a Commercial and Residenti...
Call RISC today for all of your Vacant Property Insurance needs!
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...rmanent foundation
-Individual condominiums or townhouse units ...
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... premises liability insurance for vacant buildings, ground up construction or ...ble in conjunction with V&MM
· Vacant properties for sales are eligible
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...dings with renovations, partially vacant buildings, vacant condominium units, and vacant leased space)
• Policy terms of 3, 6... on what we can do for your client's Vacant Buildings Liability Insurance need...
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...Buildings that are not completely vacant
Vacant condo units for unit owners interest
Vacant condo units undergoing renovations up... Tube, Aluminum Wiring or Fuses
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Buildings i...
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Expertise. Solution. Service.
Available Limits:
• Coverage A up to $500,000
• Coverage C up to $200,000
• Coverage D up to $50,000
• Loss assessment up to $50,000
• Personal liability up to $1 million
• Medical payments included at $5,000
Preferred Business:
• Applicant is the owner of condominium unit or cooperative unit
• Named insured can be individual(s), trust, estate, limited partnership, family partnership, or LLC
• Coastal exposures are acceptable (excluding wind and hail coverage)
• Short-term rentals are acceptable
• Applicants with one prior loss in the last three years
• Protection class 1-9 acceptable
Deductibles:
• $500 base deductible for non-coastal unit occupied annually (by renter or owner)
• $1,000 base deductible for unit occupied seasonally
Ineligible Classes:
• Applicant is an entity who purchased the unit for use by employees
• Unit has woodstoves or space heaters
• Unit has a business exposure, child care, or farm exposures
• Unit is undergoing renovation
• Unit is rented to college students or has roomers or boarders
• Unit is located in a protection class 10
• Risk is located in AK, AL, CA, FL, HI, KY, LA, MS, or WV
Product Advantages:
• Personal injury included
• Personal lines forms for entities other than individuals
• Ability to include loss assessment up to $50,000
• Can include condo association as additional insured
• Ability to quote and bind online
• Access to Business Solution Vendors, including:
• Human Resources services
• Pre-employment and tenant screenings
• Identity Theft protection
• Marketing resources
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 Condominium Unit Owners Liability needs.
Please reach out to us today by phone or email with any questions and to discuss how we can assist in this process.