Great Lakes Apartment Product
Concorde created this product to provide an option for some of the most hard-to-place accounts. There are certain exposures many companies won't consider, including older buildings, lower occupancy, and student or subsidized housing, so we created a specialty product to write just that!
How to Quote: Complete an online indication at the link below to get started. If you wish to proceed with a qualified quote, the system will allow you to download the indication and supplemental application along with submission instructions. This online tool provides premium indications only. Underwriter review & approval is needed to obtain a qualified quote.
Product Guide Online Indications Concorde Habitational Supplement
Ategrity Apartment Product
This new market is specially Competitive in ND & SD, and available in Additional States (Not Available in IA). We can write property at Replacement Cost as long as they are updated, offer no % deductibles for Wind/Hail (except for a 1% in MN), and apply no wildfire scoring.
Target Accounts:
- Package Accounts with GL + $1,500,000 - $5,000,000 TIV
- Premium Tends to be $7,500+
- Most Accounts We Write are $10,000 - $25,000 in Premium
- Most Occupancies Accepted (NOT Eligible - Student, Senior or Subsidized)
- Converted Buildings / Buildings on Historic Registry Eligible
- PC 9 & 10 Eligible
- Property Enhancement - $500 - Includes additional coverages for Sewer Back Up, Equipment Breakdown, Outdoor Signs and more.
- 3 Year Loss Experience - No One Claim Over $100,000, No More Than $250,000 in Total Losses
Quoting: Submit Acords to commdirectbill@cgains.com
For additional details or questions, please reach out to:
Commercial Direct Bill Team
800.726.1611 ext. 8975
commdirectbill@cgains.com