Risks that are hard to place due to physical hazard, claims experience, location or occupancy and are usually unacceptable to the standard markets.
Examples Include
Vacant properties
Older rented dwellings
Rooming houses
Woodworkers
Unlicensed Restaurants, hotels
Unprotected risks
Claims history
Mortgagee’s interest
Risks with a moral hazard cannot be underwritten
Coverage & Limits
Minimum deductible - $1,000
Named Perils or Broad Form
Property binding limit - $2,000,000 (in house)
Replacement Cost or Actual Cash Value available
Restrictive endorsements may apply
Subject to fully completed application
Photos on all properties
