Commercial Property Insurance Solutions

Basic, Broad, or Special? We know it’s never that simple. We have endless capabilities when it comes to customizing property solutions. An analysis of underwriting information, loss history, and target premiums will point us in the right direction for finding a market for your risk. Much of what we do is with in-house MGA binding authority, but we have access to many of the major property brokerage markets for large schedules.

Writing coastal, wind exposed risks is getting tougher every year. But we have solutions! We can write a “Wind Only” policy (i.e. Wind as stand-alone) – ideal for risks placed with the admitted markets that exclude the peril of wind. Just buy a separate wind policy!

We can write a Wind Deductible Buydown policy – ideal for risks whose property policies do cover the peril of wind, but have a high wind deductible. Buy it down!

Don’t like your flood insurance premium? We can write primary and excess coverage. Our primary flood coverage is London-based paper, competes with NFIP, and has no limits restriction like the NFIP. Our excess flood coverage is available from domestic and London-based carriers, sits over NFIP/other carrier flood policy, and provides a balance of TIV limit not covered by the primary flood policy.

Your Auto Dealer risks can rejoice! Open Lot coverage is available for dealers and non-dealer organizations.

A Dealer’s Open Lot (DOL) policy provides physical damage coverage to a dealer’s covered vehicles and equipment. DOL will provide coverage for loss or damage to your autos in inventory and this insurance protects against collision, comprehensive, and specified causes of loss coverage. Covered vehicles include autos, pickups, minivans, and SUV’s under the dealer’s care, custody and control and can be classified in the inventory as used, new, demonstrators, or service vehicles.

A Garage Keepers Legal Liability (GKLL) policy can provide comprehensive coverage for a customer’s vehicle for which the insured is legally liable. Repair garages, service shops, and valet operations are responsible for vehicles in the care, custody, and control and a GKLL policy can help mitigate this exposure. Other risks with valet exposures such as restaurants, private clubs, and entertainment venues can also benefit from a GKLL policy if there are gaps in their current insurance solution.

Storage facilities have certain obligations when customers’ belongings are under their care, custody, and control. Warehouse owners and operators can be held liable if the goods being stored are destroyed, damaged, or stolen. Make sure your clients protect their businesses with a WHLL policy offered by DeCotis.