Apartment Package

Nuts & Bolts: Lemac & Associates is writing property, general liability and non- owned auto for habitation risks through a new apartment package program. Eligible risks include apartment buildings (risks with mercantile exposures are okay) and garden apartments. Unacceptable risks include senior housing, student housing, HUD or low income housing in excess of 20 percent and single family dwellings. Buildings built prior to 1975 will require updates to the roof, wiring and plumbing. Requirements for quotation: fully completed Acord form with a minimum of three years of currently valued loss runs.

Dollars: Minimum premium is $10,000 and property limits up to $50,000,000 will be considered.

Carrier: Rated

States Available: Size of risk varies according to state. 5+ units in California and 4+ in Arizona, Colorado, Illinois, Indiana, Minnesota, Nevada, Ohio, Oregon, Utah and Washington.