Excess & Surplus Property

• $25m per location and amount subject – best risk 
• $100m policy TIV 
• Flood and earthquake – non-critical $2.5m maximum limit 
• Equipment breakdown – $25m 
• Limitations apply for catastrophe exposed business 
• Florida-beyond 5 miles from the intercoastal Waterway and Gulf Coast – $5m max line/$5m max policy TIV 
• Louisiana, Mississippi, and Alabama – beyond 50 miles from the coast including Baton Rouge 
• Virginia, North Carolina, South Carolina and Georgia – beyond 15 miles from the coast 
• No coastal Texas 

• Mercantile 
• Light manufacturing and industrial 
• Restaurants and taverns 
• Religious institutions 
• Hospitality risks 
• Nursing homes 
• Assisted living 

Can consider

• Undervalued properties 
• New purchases 
• Accounts with prior losses 
• Stab lok panels 
• Aluminum wiring 
• Fuses 

• Type 
  • Conventional 
  • Senior 
  • Student 
• Target Territories 
  • East Coast 
  • West Coast 
  • North Central and Southeast (excluding tier 1 and tier 2 counties) 
• Due to program constraints, we have the following frame or brick veneer limitations 
  • Virginia, North Carolina, South Carolina and Georgia – beyond 30 miles from the coast - $15m max line/$15m max policy TIV 
  • Louisiana, Mississippi and Alabama – beyond 50 miles to the coast including Baton Rouge - $5m max line/$5m max policy TIV 
  • Colorado - $10m max line/$10m max policy TIV 
  • Texas, Oklahoma, Kansas, Nebraska, Arkansas, Missouri, Iowa and Kentucky are prohibited 

• Buildings in transition (i.e. from vacant to renovation to occupied) can be re-underwritten and endorsed in lieu of writing a new policy 
• Buildings coming off COC, waiting for certifcate of occupancy and have punch list items to complete 
• Renovation must be cosmetic only, can include existing structure 
• Broader coverage and replacement cost on qualifying risks 
• New purchase 
• Undervalued 
• Partially occupied 
• Incomplete COCs 
• No restrictions on the length of vacancy 
• Flexible policy terms, maximum 12 months 

Ineligible 

• Buildings scheduled or planned to be demolished 
• Renovations undergoing structural modification or contemplating structural modifications