Vacant Building
Don't abandon your profits. Instead, use this program that covers vacant or unoccupied buildings with incidental renovation work.
About Our Agency
Founded in 1984, CIU is comprised of an experienced team of insurance professionals to produce, underwrite and broker Excess and Surplus Lines Property and Casualty, Personal Lines, Professional Lines and Garage/Auto Insurance.
Underwriting Rules
All Lines:
- Property must be adequately secured, i.e., fully locked, boarded or guarded
Property:
- Sprinklered buildings - verify the sprinkler system is maintained or shut off and drained. For buildings with active wet-pipe systems, the heating system must be maintained and warranted on the policy
Applications:
Vacant Bldg Pro Sup App_WORD GLX-APP-30g
Vacant Bldg Pro Sup App_pdf_ GLX-APP-30g
ACORD 106 Vacant Bldg Sup App_PDF
ACORD 125 Comm'l Gen'l Liab. App_PDF
Prohibited Business
Property:
- Buildings condemned or scheduled for demolition
Liability:
- Condominium or townhouse conversions
- Unsecured buildings
- Ground-up construction
Effective Date: 09/01/2010