The

Group

Continental/Marmorstein and Malone
 

Building
Renovation Product
This product is specifically designed for residential and commercial buildings undergoing renovation construction. The policy covers both the exsting building structure and the new construction work being added to the structure.

Product Features:
  • Property limits of insurance available up to $10,000,000 subject to the following maximum limits:
CONSTRUCTION TYPE

Frame

Joisted Masonry
Non-Combustible

Masonry
Non-Combustible
 

Fire Resistive

SPRINKLERED

$1,000,000

$4,000,000

 

$7,000,000


$10,000,000

NON-SPRINKLERED

$500,000

$3,000,000

 

$5,000,000


$6,000,000

  • Policy is written for the full duration of the construction project

  • All types of buildings are considered

  • Replacement cost valuation is standard on the new construction work

Binding Authority:
  • $500,000 limit in Protection Class 1-6.
  • $200,000 limit in Protection Class 7-10.

Additional Advantages:
  • Underwriting expertise
  • Low minimum premiums
  • Quick quote turn around
  • Superior service and policy issuance
  • Protection of an A.M. Best rated A++ company
 
This document does not amend, extend or alter the coverage afforded by the Policy. For a complete understanding of any insurance you purchase, you must first read your Policy, Declaration Page and any Endorsements and discuss them with your Broker. A specimen policy is available from an Agent of the Company. Your actual Policy Conditions may be amended by Endorsements or affected by State Laws.

 


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