Why have my renewal limits increased?

Edited

As of May 2024, Vave has raised their property limits across all classes. Consequently, all existing policies with Vave will automatically be updated to reflect the following increased policy limits:

  • The renewal policy limit has been increased to a $6.2M Total Insured Value (TIV).

  • The associated location limit has also been increased to a $3.7M TIV.

  • Effective immediately, new business quotes will be offered at $3.3M TIV and $5.6M per policy


Related Articles

How does Pathpoint handle renewals?

What is the renewal process for policies quoted with Mix & Match?

Monoline Property

Restaurants, Bars and Taverns (General Liability, Property and Package)

Retail & Services

Lessor's Risk