Vacant properties
Zurich’s E&S vacant property coverage has a broad appetite for all types of vacant buildings. Available nationwide with coverage limits up to $25 million. Higher limits may be available depending on risk characteristics.
Appetite:
- All types of vacant buildings
- Limited critical flood or earthquake
Ineligible risks:
- No windstorm coverage in tier 1 or 2 counties
Geography:
- Nationwide
Submission requirements:
- N/A
Coverages offered:
- Property and equipment breakdown
- Named perils to all risk
- ACV and RCV valuation
- No coinsurance with proper insurance to value ratio
Coverage limits:
- Program limits up to $25 million for primary and excess. Higher limits may be available depending on the risk characteristics
- Minimum premium: $10,000
- Minimum deductible: $5,000
Admitted or non-admitted paper:
- Non-admitted