Real Estate Developers Professional Liability

Coverage Highlights:

• Contingent bodily injury, property damage, and pollution coverage
• Waiver of subrogation rights when insured agrees to prospectively waive via written contract
• Rectification Costs coverage
• Deductible credit for voluntary mediation
• Failure to maintain insurance coverage for property management
• Insured vs. Insured exclusion does not apply to investors
• Copyright-Trademark Coverage
• Risk Management Services available to insured (contract review)
• No exclusion for claims involving financing activities
• Crisis management, disciplinary proceedings, subpoena assistance

Appetite:

Please contact your underwriter about any risk not listed.

• Firms involved in residential construction
• Firms that acquire, renovate, and/or maintain buildings
• Land developers
• Residential, commercial, mixed/use, retail
• Solar project developers
• Wind farm developers

Capacity:

• Maximum capacity: $5,000,000
• Minimum deductible: $10,000
• Minimum premium: $10,000
• Wholesale-only Distribution