5 Borough Multi Family
COVERAGES
Package
CLASS OF BUSINESS/OCCUPANCY
Apartment Buildings
Condominiums and Co-op Buildings
Garden Apartments
Townhomes
Commercial Condominiums
Offices
LIMITS
Liability - first dollar:
$2M – General Aggregate Limit
$1M – Per Occurrence Limit
$1M – Products, Completed Operations Aggregate Limit
$1M – Personal and Advertising Injury Limit
$100,000 – Damages to Premises Rented to You Limit
$5,000 – Medical Expense Limit
Optional Coverage:
Hired and Non-Owned Auto
Employee Benefits
Silent on Lead (NY locations only,
subject to underwriting guidelines)
Silent on Assault & Battery
Property:
$15M – Max TIV per location (JM or better construction)
$5M – Max TIV for 100% sprinklered frame structures
$3.5M – Max TIV for non-sprinklered frame structures
Optional Coverage:
Business Income Coverage Form
Extra Expense Coverage Form
Ordinance or Law Coverage
Additional Property Enhancement
Limited Water Damage Coverage