Lessors’ Risk Program
Nuts & Bolts:
Yates & Associates Insurance Services is offering a new lessors’ risk program. New ventures acceptable include buildings up to six stories. Restaurants or deli tenants are also accepted, as well as multiple occupancies and mixed residential.
Dollars:
Policy limits range from $500,000 to $2 million; deductibles are $500; and minimum premiums can be $900 to $1,000.
Carrier:
Rated “A X,” nonadmitted.
State Available:
California.
Contact:
Linda Peters, (800) 660-1125 ext. 214 or www.yates-assoc.com.