Pentium Property
At Balance Partners, we specialize in small to mid-sized standard and non-standard commercial and habitational real estate risks. Our expert team is here to focus on your clients individual needs and will provide you with an unparalleled customer service experience coupled with best in class insurance know how.
COMMERCIAL PROPERTY: EX-CALIFORNIA
PRODUCT OFFERING
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Offered in the following select states:
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NY, NJ, CT, MD, PA, DE
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Ex-CAT States*: FL, AL, MS, & SC*
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A- IX Insurance Capacity
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Admitted (NY FTZ) and Non-Admitted Paper
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Policy Limits up to $50MM (higher limits available for select risks
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TIV's up to $200MM (Can refer on higher TIV's)
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$5,000 Minimum Premiums
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$10,000 Minimum Deductible
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All construction types
TARGET CLASSES
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Apartments (incl. Garden Style) with or without Mercantile
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Condominiums & Town Homes
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Co-ops
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Building Owners - Lessor's Risk exposures only
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Office Buildings
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Retail Properties
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Membership Organizations
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Educational Services
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Health Services
PRODUCT OFFERING
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Offered in the following state: CA
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Minimum Deductible: $5,000
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A- IX Insurance Capacity
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Non-Admitted Paper
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Capacity: Up to $10,000,000 (Wood Frame)
Up to $50,000,000 (JM or better)
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Policy TIV Maximum: Up to $100,000,000
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Minimum Premium: $7,500
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CAT Perils: Wildfire RM score 25 or lower
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MEP: 25%
TARGET HIGHLIGHTS
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Upscale Apartments (Including High-rise, Podium, Garden style, and/or mixed-use retail/restaurant ground floor tenants)
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Condominium & Townhomes HOA’s (Walls out only)
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Co-ops
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High valued rental dwelling schedules (Up to $2.5m per location)
Benefits:
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No limitations on number of stories
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No age restrictions
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All types considered
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Property Enhancement Endorsement available