Wind and Hail Deductible Buy Down Insurance Program

Description

To help manage costs of high wind deductibles, Program Brokerage Corporation has access to a “Wind & Hail Deductible Buy Down” insurance program unwritten by an A rated carrier.

Coverages Offered:

  • Follow Form Wind/Hail & Named Storm
  • Up to $50M TIV per Location
  • TIV up to $100M per policy
  • Accounts exceeding limits above are available on a referral basis

Target Business:

  • Co-Ops/Condos
  • Multifamily
  • Office and Administrative
  • Industrial
  • Hotel / Motel / Short-Term Rental
  • Education
  • Retail/Warehousing/Hospitality
  • General Commercial
  • Construction
  • Other

Buy Down Options Available:

  • Percentage to Percentage
  • Percentage to Dollar
  • Dollar to Dollar

Required Documents:

  • PBC Wind/Hail Application
  • Underlying quote or policy
  • 5 Years Loss History
  • Schedule of Values

Turn Around:

  • 24 hours
  • 48 hours for referral business

Minimum Premium:

  • None

Territory:

  • Nationwide

For more information, please contact:

Tom Henderson
Office: 212-338-2946
thenderson@programbrokerage.com

Gary Shapiro
Office: 516-496-1346
gshapiro@programbrokerage.com

Nick Biondo
Office: 516-496-1349
nbiondo@programbrokerage.com

Stefanie Silvio
Office: 401-468-3449
ssilvio@programbrokerage.com

Coverages Offered

Wind & Hail

Binding Authority

Availability

Applications and Informational PDFs

Request A Quote

Contact Program Brokerage Corporation