Commercial Property · Lower 48
Senior living communities, car washes, hotels and apartment complexes carry exposures most generalist agents price badly or refuse outright. As a specialist commercial property insurance broker, we build the submission the way an underwriter reads it, then take it to markets that still write the class.
Renewal in 60 days or less? Say so on the form and it moves to the front.
Industries
A property submission gets priced on how clearly it answers the questions the underwriter was going to ask anyway. Construction class, protection class, roof age, sprinkler coverage, loss history, and what the building actually does all day. We write four classes constantly, which means the submission arrives complete and the quote comes back faster and lower.
Class 01
Independent living, assisted living, memory care, skilled nursing and hospice. Professional liability and property are underwritten together, and staffing ratios move the price as much as the roof does.
Class 02
Express tunnel and full service operations. The machinery is the business, so equipment breakdown and the income loss behind it matter more than the square footage of the building.
Class 03
Flagged properties, boutique operations and independents. Business income is usually the largest number on the policy, and brand standards affect how the property has to be rebuilt after a loss.
Class 04
Five units per building and up, single asset or portfolio. Habitational is one of the hardest classes in the country right now, and valuation disputes are where most owners get hurt at claim time.
Coverage
Most property accounts need four or five of these working together. A gap between the property form and the umbrella is how a covered loss turns into an uncovered one.
Pays to rebuild the building and its contents.
Injury and damage claims brought by third parties.
Lost income while a damaged building is closed.
Mechanical and electrical failure of boilers and chillers.
Extra liability limits above the primary policies.
Statutory cover for employees injured at work.
By State
Rates, filings, admitted market capacity and surplus lines rules all change at the state line. So does the peril that actually threatens the building. A Colorado apartment portfolio is priced against hail. The same portfolio in Louisiana is priced against wind and carrier appetite that has not fully returned.
Every state page on this site covers the department of insurance that regulates it, the catastrophe exposure carriers underwrite for, current market conditions, and the financing requirements that apply when HUD, Fannie Mae or Freddie Mac is behind the loan.
How It Works
Current declarations page, a property schedule and five years of loss runs. If you only have the dec page, start there and we will chase the rest.
Construction, occupancy, protection and exposure documented the way underwriters want to read it, with valuation checked before it goes out.
Admitted carriers first, surplus lines and program markets where the class calls for it. You see every quote, including the ones we do not recommend.
Coverage compared side by side, certificates issued the same day, and a renewal review that starts 120 days out instead of the week before.
Why Owners Move Their Account
Building values have moved faster than the schedules attached to most policies. Owners find out at claim time, when the replacement cost on the declarations page does not cover what the rebuild actually costs. We check that number before the renewal, not after the loss.
If your current agent handles restaurants, contractors and a few apartment buildings, the apartment buildings are getting the least attention. Specialization is the entire reason this works.
Replacement cost checked against current construction pricing so the limit matches the building.
Including senior living professional liability, where general agents often cannot get a quote at all.
Habitational and coastal property still get placed. It takes more markets and a better submission.
We stay involved through adjustment instead of handing you a claims number and stepping back.
Questions
The current declarations page, a schedule of the buildings with their values, and five years of loss runs. If the declarations page is all you have to hand, send that on its own and we will follow up for the rest once we know the class and the state. The quote request form asks for six fields to begin.
We work in eight property classes: senior living communities, car washes, hotels, apartment buildings, build-to-rent communities, condo and townhouse associations, equipment dealerships and property management firms. Each has its own page explaining what underwriters look at and which coverage lines the policy usually needs. The full list is on the industries we place.
Yes, if the property is in one of the 48 contiguous states, with one step first where Alex Toler is not yet licensed: he obtains a nonresident producer license in that state before any coverage is placed. Filings, admitted market capacity and surplus lines rules differ from one state to the next, so each state has a guide covering its insurance regulator, the catastrophe perils carriers price against and current market conditions. Start from commercial property insurance by state.
Not necessarily. Mark the renewal as due within 60 days on the quote form and the request is handled ahead of the others. For the next renewal, a review that begins about 120 days before the expiration date gives carriers time to read a complete submission rather than a rushed one.
Admitted carriers are approached first. Where the class, the location or the loss history calls for it, the submission also goes to surplus lines and program markets, and we place direct carrier programs as well. We are a broker working the account with underwriters, not a quote aggregator filling in one online form.
Often, yes. Habitational schedules and coastal buildings are among the accounts standard carriers decline, and they still get placed. Getting them placed means approaching more markets with a stronger submission, one that documents construction, occupancy, protection and exposure the way an underwriter reads them.
Yes, including any quote we would not recommend, with the coverage laid out side by side so the differences in forms, limits and deductibles are visible before you choose. If the program you already have turns out to be priced well, we tell you so. The steps are set out on how placing an account works.
Compare the replacement cost on the declarations page with what the building would cost to rebuild at current construction prices. Building costs have risen faster than the values on many schedules, and a limit that is too low shows up at claim time. We check each building's value against current pricing at every renewal. How the limit is set, and what coinsurance does to a claim when it is set too low, is covered on commercial property insurance.
Start a Quote
Six fields to start. We follow up for the schedule and loss runs once we know the class and the state, and we will tell you honestly if your current program is already priced well.
