Vacants (Buildings and Land; General Liability, Property and Package)
Overview
Quickly secure coverage for vacant buildings and land for your clients with a single submission for your small commercial accounts. Available coverage types for vacant buildings encompass general liability and package options, while general liability alone is available for vacant land.
Available Classes
Pathpoint markets have appetite for the following classes:
ISO CODE | DESCRIPTION | NAICS MAPPING |
|---|---|---|
49451 | Vacant Land – Other Than Not-For-Profit | 531190 |
49452 | Vacant Land – Not-For-Profit Only | 531190 |
68604 | Vacant Buildings – Factories | 531190 |
68606 | Vacant Buildings – Not Factories – Other than Not-For-Profit | 531190 |
68607 | Vacant Buildings – Not Factories – Not-For-Profit Only | 531190 |
Appetite Information
Up to $2.5M TIV for commercial property
Properties that are less than 30% occupied (anything more is considered Lessor's Risk)
No restrictions on square footage or locations
No strict limitations on the number of stories
Building over three stories should be fully sprinklered
Buildings built as early as 1850
Individuals, LLCs, trusts, estates, and other ownerships considered
Theft and vandalism coverage available
Additional Insured coverage is available
Coverage B & C
Premises Liability Limits up to $1,000,000/$2,000,000
Forms Basic & Special (depending on age of building or updates)
Up to 24 months
Considered risks include:
Coastal property accepted
Light or cosmetic renovations
Term length of 3, 6, 9, or 12 months
Markets:
Buildings:
Crum & Forster
Westchester
Vave
AU Gold
Land:
Crum & Forster
Westchester
Markel
Nautilus
AU Gold
Watch a Demonstration
Additional Resources
E&S Solutions for Habitational
Why to Come to Pathpoint for Vacants
Vacant Coverage Postcard for Agents
Download and utilize as provided or personalize it with your agency details and logo using any graphic design software, PDF editor, or Word document. Just fill in your information in the designated blue boxes
FAQs
What classes are accepted under vacant building coverage?
Available classes include dwellings, apartments, condos, mixed-use properties, and commercial buildings.
Are renovations eligible?
Cosmetic renovations up to 50% of the building value are generally accepted.
Do you include theft and vandalism coverage?
Yes, theft and vandalism coverage are offered.