Vacant Buildings*
Our Vacant Building Product is designed for your residential, commercial, and industrial vacant building risks. The product can be quickly and easily quoted for 3, 6, 9 or 12 month policy terms either monoline or as a package. This product is available for Partially Vacant Buildings as well, including buildings 31% to 99% vacant.
Coverage Features:
- No restriction on length of vacancy
- Property limits up to $3,000,000
- Buildings under renovation are eligible
- Independent Contractors coverage available
- Simple short-term policy extensions by endorsement
- All types of buildings considered
- Vacant Condo Units are eligible
- Package or monoline policies and Special Cause of Loss
Vacant Land
This product is designed for applicants that own parcels of land or lots that are completely vacant, not leased to others for business purposes and where no construction activity will occur during the proposed policy term.
Product Advantages:
- Can entertain vacant land with up to 1,000 acres per location
- Vacant city lots are acceptable
- Risks with up to 25 acres of lakes or ponds per location are eligible
- There is no liability deductible
- Will consider risks with up to 1 loss or claim incurred in the past three years
- Expanded definition of bodily injury to include sickness or disease caused by mental anguish or emotional distress
- Ability to consider land that will be developed as long as development does not begin during the proposed policy period
- Excess general liability limits available up to $5 million
*property coverage not available for individuals or husband and wife risks in CA
Please Note: coverages may vary according to class of risk and market conditions