Monoline Property

Description

Managing General Agency and Surplus Lines Broker Snyder Specialty, LLC offers an exclusive Monoline Property program for small commercial accounts with high-risk exposures across a broad spectrum of industries. As a Lloyd’s coverholder, we hold the pen for the program, providing complete underwriting capability and the ability to offer quick quote and binding turnaround time.

  • Includes coverage on building (if owned) and building personal property
  • Up to $3.5MM maximum per risk
  • Includes Business Interruption coverage
  • Wind deductible 2% within 1,000 feet of the coast
  • All Other Perils (AOP) deductible: $1,000 Minimum
  • $1,000 minimum premium
  • Competitive rates

Will write:

  • Hard-to-place property risks
  • Risks with catastrophe exposures
  • Coastal frame properties
  • Property with older construction
  • Rental properties
  • Unique risks typically not considered by admitted market

Some of the markets we target include but are not limited to:

  • Small commercial entities
  • Hotels and motels
  • Restaurant and bars
  • Multi-family homes (2-, 3-, 4-family homes)
  • Condominiums and apartments
  • Brownstones
  • Vacant properties
  • LRO (retail, office, warehouse)
  • Light manufacturing
  • Mercantile

 

We can also provide Builder’s Risk insurance for projects under construction.

Availability

Applications and Informational PDFs

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