Vacant Condo (Commercial Forms)

Vacant condo units can be written in USLI's commercial Vacant Building Program for applicants who are owners or tenants. Subject to Underwriting Review: Up to 2 losses per coverage line incurred in the past 3 years. Renovation risks are eligible if the renovation is not structural. 

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Product Advantages

• Risks valued up to $3,000,000 in PC 1-8; $1,000,000 in PC 9-10
• No restriction on the length of vacancy
• Policy terms of 3, 6, 9 and 12 months are available
• Short-term policies can be extended by endorsement
• No liability deductible or self-insured retention
• Inspection costs are paid by the carrier
• Renovation risks are eligible if the renovation is not structural.
• Subject to Underwriting Review: Up to 2 losses per coverage line incurred in the past 3 years.