Overview
Tri-City Binding Authorities has a specialized program for vacant buildings. We offer a portfolio of exclusive products and services specifically designed for their unique needs. Our 10 point Service Promise along with these coverages give you and your insured one of the most comprehensive insurance solutions in the industry.
Program Features
- “A” rated or better carriers
- Available in All states
- Premium Financing offered with every Quote
- Acord Applications accepted, supplemental and loss runs
- $500 Minimum Premium
- Options for 3, 6, 9, & 12 month policy terms
- Can extend short term policies by endorsement
- QUOTEit Online™ - online rating and quoting engine for select risks; fax or email your quotes, instantly!
Lines of Coverage
- Package or Monoline Property and GL
- Inland Marine
- Boiler & Machinery
- Excess/ Umbrella
Property Coverage
- Limits available: $50m TIV/ $25m per location/ $10m per building
- All construction types / all protection classes
- Minimum Deductible $1,000 - higher deductibles available
- ACV, Replacement cost, Functional Replacement
- Wind Not available in FL, Tier 1 gulf coast and Carolina’s
Optional Property Coverages available
- Comprehensive and Flexible Underwriting Appetite
Liability Features
- Primary Limits $1m/ $2m/ $1m with Excess up to $5m
- Expenses outside limit
- Independent contractors coverage available
- No restrictions on the length of vacancy
- Ability to consider locations with renovations taking place
- Expanded definition of bodily injury to include sickness or disease caused by mental anguish or emotional distress
- No Liability Deductible
Download this fact sheet
| Contact Information |
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Ph: 866.373.5607
bindit@tricityins.com
Fax: 312.876.1394
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