• Perils = DIC including EQ, Flood, and EQSL; or named perils only
• California locations only
• Total insurable values (TIV) from $250,000 to $10 million for commercial occupancies, and up to $20 million for habitational occupancies (HOA, apartments, multi-unit condos)
• Limits available from $250,000 to $10 million for commercial occupancies, and up to $20 million for habitational occupancies (HOA, apartments, and multi-unit condos)
• TIV under $5 million must purchase full limits
• TIV of $5 million+ must purchase a minimum loss limit of $2,500,000
• Per Unit deductible 5%—25%. Five deductible options provided on each quote
• Minimum EQ deductible = $50,000
• Minimum Flood deductible = $50,000
• Valuation = Replacement cost, BI = Actual loss sustained
• $300 policy fee / $300 inspection fee*

*An inspection fee is billed on all new business and every third year on renewals.

Restrictions:

• Risks with tuck-under parking, poorer construction types or older construction will immediately be declined
• Location address used to search soils database to determine adequacy of soils
• Soft soil situations or very high liquefaction will be declined
• Renewals – property age requirements:
  • Wood Frame: 1960 or newer
  • Reinforced Joisted Masonry (concrete block): 1965 or newer
  • Concrete Tilt-up: 1976 or newer
  • Reinforced Concrete/Steel Frame/Metal: 1970 or newer
• New Business – property age requirements:
  • Wood frame: 1970 or newer
  • All other construction classes: 1980 or newer
• All property locations will be inspected to verify submitted information is accurate
• 25% minimum earned premium
• No single family dwellings
• HOA, apartments and multi-unit condos are accepted (4 unit minimum)
• No HOAs that consist of only common area values
• Business income (not to exceed 40% of account TIV)