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Brokerage
Vacant Properties
We’re here to be of help to protect diverse vacant properties
Breckenridge Insurance has significant access and underwriting authority with several top-rated carriers to quickly quote competitive vacant property risks. We’re here to be of help to protect diverse properties at a time that we may see an uptick in these types of needs.
For property landlords, it’s important to adjust any current policies if tenants are communicating more permanent lease changes to avoid greater claims exposure. We can offer you a variety of coverage options and terms to best support diverse vacant needs.
- Low minimum premiums
- Liability coverages for owners, GC’s or developers of buildings
- Property and Liability coverage
- Access to markets with significant coastal capacity
- Flexibility in term lengths
- Can entertain risks in all protection classes (PC1-10)
- REO/property schedules for lending institutions or investors
- Flat/no co/agreed options available
- Eligible Operations: Vacant Land or Buildings
- Vacant buildings
- Buildings under renovation
- Ground-up builder’s risks (including work started prior to inception)
- Vacant land
- Real estate development land
- Warehouses
- Light industrial
- Mill buildings
- Strip malls
- Retail outlets
- Office buildings
- Apartment buildings
- Restaurants/nightclubs
- Spec houses
- Vacant home schedules
- Mill buildings
- And many more…!
- Property
- General Liability (including owners-interest options and comprehensive project specific options)
- OCP
- Inland Marine
- Commercial Packages
- Excess/Umbrella
- Pollution/environmental liability options
- Available Options:
- Varied deductibles
- Commercial or residential properties
- Risk Dependent Special Form & Replacement Cost Valuation
- Flexible 3, 6, 12 month terms – and project policies of greater than annual terms
- Flat/no coinsurance
Highlights
- Low minimum premiums
- Liability coverages for owners, GC’s or developers of buildings
- Property and Liability coverage
- Access to markets with significant coastal capacity
- Flexibility in term lengths
- Can entertain risks in all protection classes (PC1-10)
- REO/property schedules for lending institutions or investors
- Flat/no co/agreed options available
Target Classes
- Eligible Operations: Vacant Land or Buildings
- Vacant buildings
- Buildings under renovation
- Ground-up builder’s risks (including work started prior to inception)
- Vacant land
- Real estate development land
- Warehouses
- Light industrial
- Mill buildings
- Strip malls
- Retail outlets
- Office buildings
- Apartment buildings
- Restaurants/nightclubs
- Spec houses
- Vacant home schedules
- Mill buildings
- And many more…!
Lines of Business
- Property
- General Liability (including owners-interest options and comprehensive project specific options)
- OCP
- Inland Marine
- Commercial Packages
- Excess/Umbrella
- Pollution/environmental liability options
- Available Options:
- Varied deductibles
- Commercial or residential properties
- Risk Dependent Special Form & Replacement Cost Valuation
- Flexible 3, 6, 12 month terms – and project policies of greater than annual terms
- Flat/no coinsurance
Contacts
For coverage, click on the button below to locate and contact one of our expert Breckenridge Insurance team members or email us at solved@breckis.com for assistance.
“Again, I want to thank you for all your help! I really do appreciate it. I don’t think there are many companies out there who would be willing to work with us as much as you did!!”
Insurance Agency Office Manager
Vacant Property was last modified: November 9th, 2023 by