About This Coverage

Commercial Property coverage protects businesses and other organizations against damage to their buildings and contents due to a covered cause of loss, such as a fire. The policy may also cover loss of income or increase in expenses that results from the property.

State Eligibility


Eligible State

State Not Available

Industries Available


  • Construction

  • Manufacturing

  • Wholesale Trade

  • Retail Trade

  • Information

  • Finance and Insurance

  • Real Estate Rental and Leasing

  • Professional, Scientific, and Technical Services

  • Management of Companies and Enterprises

  • Educational Services

  • Health Care and Social Assistance

  • Arts, Entertainment, and Recreation

  • Accommodation and Food Services

  • Other Services except Public Administration

Coverage Limits


Up To

$1B

Minimums


  • $10,000 premium

Key Features


  • Building, contents and time-element
  • Named or Special forms
  • Earthquake
  • Coastal Wind
  • Equipment Breakdown
  • Wind Deductible Buy-Backs
  • Flood Excluding Zones A & V

Preferred Classes


  • Aircraft Parts/Components Manufacturing
  • Airplane Hangars
  • Chemicals
  • Day-Care Centers
  • Educational Institutions
  • Event Centers
  • Food Processing
  • Healthcare Facilities
  • Hospitality (including Casino, Hotels/Motels and Restaurants)
  • Laboratories
  • Light Manufacturing,
  • Manufacturing
  • Oil & Petrochemicals, Off-Shore Exploration & Production,
  • Pharmaceuticals
  • Plastics
  • Power/General Utilities,
  • Public Entities
  • Real Estate Schedules, including Habitational Risk and Shopping Centers
  • Religious Organizations
  • Retail
  • Theaters
  • Vacant
  • Warehousing/Distribution/Logistics
  • Wood Workers

Restricted Classes


  • Fireworks/Explosives Manufacturing
  • High-Hazard Chemical Manufacturing

Eligible Vehicle Types


Trucks

Trailers

Vans & PPVs

Liability Coverages


Underwriting Guidelines


Additional Coverage Options


Submission Requirements


  • ACORD Application, fully completed and signed
  • Supplemental Application
  • Excel SOV
  • 3-5 Years of Loss Runs
  • Send submissions to quotes@ospreyuw.com