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. |
|
 |
 |