Coverage Features:
Liability:
- Comprehensive General Liability – Limits to $3,000,000 Aggregate
- Condominium unit owners as additional insureds
- Liability for common areas including swimming pools, tennis courts,
lakes, playground equipment, etc.
- Employee Benefits Liability
- Umbrella - Limits up to $10,000,000
Property:
- Blanket limits with large in house capacity
- All Risk on Building, Contents, Loss of Income, and Extra Expense
- Coverage for Loss of Condo fees due to a direct physical loss - $100,000
- Guaranteed Replacement Cost available with an appraisal
- Ordinance or Law Coverage
- Definition of Building to include pools, walkways, and fences
- EDP included
- Reward Reimbursement – we will pay for information leading
to criminal convictions in connection with losses to covered property,
up to $5,000
- Employee Dishonesty limit of $50,000 included
- Sewer and water back-up for $25,000 included in our form
Documents Required for Proposal:
- Completed and signed Philadelphia Insurance Companies application
- Completed ACORD applications
- Company Loss Runs for the previous three years
Service:
Clients are serviced by our Home Office staff as well as our many regional
offices located strategically throughout the country.
Carrier:
These coverages are underwritten by Philadelphia Insurance Companies,
rated A+ (Superior) by A. M. Best. Forbes Magazine has recognized the
Companies as one of the 200 best small companies in America. This summary
is provided for the convenience of our customers and is not intended to
supersede or amend any of the terms, conditions, or provisions contained
in the actual insurance policies.
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