Products Available
  • Excess Flood

  • Private Primary Flood

  • NFIP

  • Earthquake & Landslide (When Purchased with Flood)

Coverages Available
  • Buildings
    (Residential, Commercial & Condominiums)

  • Contents
    (Household or Business Contents)

  • Loss of Income
    (Net Business Income or Loss of Rents)

National Flood Insurance Program (NFIP)
  • Available in all 50 States

Buildings

  • Residential: $250,000

  • Commercial: $500,000

  • Other Residential: $500,000

  • Condominiums: $250,000 x No. of Units

Contents

  • Residential: $100,000

  • Commercial: $500,000

Deductibles:

  • Range $1,250 to $25,000

Private Primary Flood

Limits of Liability

  • Building: $500,000
    (Higher Limits Available)

  • Contents: $500,000

    • Business Income: $500,000

    Eligible Properties

    • Primary & Secondary Residential

    • Commercial Properties

      • Apartments, Multi-Family

        • Condominiums

        Minimum Deductible

        • $5,000 per occurrence for Buildings

        • $5,000 per occurrence for Contents

        Waiting Period

        • No waiting period in respect to loan closing

        • 7 day waiting period for coastal (Tier 1 & 2) risks

          • 14 day waiting period for inland risks

          Program Benefits

          • Competitive with NFIP pricing

          • Replacement cost coverage for building & contents

            • No Elevation Certificate (EC) is required but some locations may require EC to bind coverage

              • Ability to schedule multiple locations into one policy

                • Loss of income/loss of rents coverage

                  • Improvements & Betterments additional limits

                    • Policy wording meets lender compliance

                    Excess Flood
                    • Nationwide Program

                    • Limits Available/Per Occurrence:
                      $20 Million over all interest per risk – Additional limits available upon request
                      (Building, Contents, Loss of Income)
                      $20 Million Condo Building
                      $10 Million Earthquake When Purchased with Excess Flood

                    Program Map & Availability

                    US Map - Nationwide

                    Available Nationwide


                    Submission Requirements
                    • Acord Application

                    • NFIP App/ Dec Page

                    • DUAL Application

                    • Elevation certificate (If required)

                    • Loss Runs

                    Contacts
                    Patrick Small

                    Managing Director

                    Chicago Office
                    Specialty Property

                    T: 973-631-7575 Ext: 160
                    F: 239-263-1808

                    Thomas Becker

                    Director of Business Development

                    Chicago Office
                    Specialty Property

                    T: 973-631-7575 Ext: 161
                    F: 239-263-1808

                    Luis Calderon

                    Underwriter

                    Chicago Office
                    Specialty Property

                    T: 973-631-7575 Ext: 163
                    F: 239-263-1808

                    Teri Lawson

                    Senior Underwriter

                    Chicago Office
                    Specialty Property

                    T: 973-631-7575 Ext. 162
                    F: 239-263-1808

                    Michael Culbert CPCU

                    Underwriter

                    Chicago Office
                    Specialty Property

                    T: 973-631-7575 Ext. 608
                    F: 239-263-1808