1-4 Family Dwellings - Package

We can consider 1 to 4 Family Dwellings owned by individual or corporate investors for rental purposes.  The owner may live in one of the units if multi-family.

Hit Zone:

h	Up to five locations
h	Up to three stories in height
h	Locations that are leased on an annual basis
h	Dwellings that are not adjacent to each other and not subject to one fire loss
h	No losses or claims (excluding closed without payment) incurred in the past five years (Liability), three years (Property)

Eligible Risks:

Includes all of the above characteristics except where amended below:

h	Up to four stories in height
h	Larger schedules
h	No more than two losses or claims per coverage part (excluding closed without payment) incurred in the past Five years (Liability), three years (Property)
h	Risks undergoing renovations

Ineligible Risks:

h	Any exposure to student or government subsidized residents
h	Any building with aluminum or knob and tube wiring
h	Any building that does not have 100% of the wiring on circuit breakers and minimum 100 amp service
h	Any building without functioning and operational smoke detectors in all units and/or occupancies
h	Any account offering Professional Services
h	Risks with wood stoves or space heaters including kerosene heaters & salamanders
h	Risks with tax liens
h	Owner occupied one family dwellings
h	Risks located in: Alabama, Alaska, Hawaii, Kentucky, Louisiana, Mississippi, Tennessee, West Virginia
h	Rooming or Boarding Houses (shared facilities, other than a laundry)
h	Properties on a Historical Register
h	Building roofs older than 25 years, without updates (up to 40 years metal, 50 years for tile & 100 years for slate eligible)
h	Risks located in Protection Class 9 or 10
h	Risks with swimming pools (except Personal lines for owner occupied multi-family units)
h	Mobile homes
h	California risks in the name of an individual or husband or wife

Product Advantages:

h	A.M. Best rated A++ carrier
h	Loss of Rental Income available
h	No General Liability deductible
h	Ability to consider risks in hail and tornado prone areas (special deductible will apply)
h	Ability to offer Special Form and Replacement Cost
h	Inspection costs paid by the United States Liability Insurance Group

Available Limits:

h	Property limits up to $750,000 per location in Protection class 1-8 In Protection class 9-10 ineligible
h	Coastal Zone up to $250,000 per location in Protection class 1-8 (wind exclusion applies)
h	Liability limits up to $1,000,000/2,000,000

Required Application:

h	Our 1-4 Family Dwelling Application
h	Representation of incurred loss history for the past three years

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