Real Estate Developers Professional Liability
Axon Pro’s Real Estate Developers Professional Liability policy provides protection to professionals and their staff, allowing them to focus on their business.
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
Axon Pro Submission Inbox
Axon Pro Management Liability Submission Inbox
Dan Gmelin – 914.471.7609 – dgmelin@axonprous.com