Specialty Property Coverages: Flood, REO Rentals and Coastal Wind/Hail

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Protect your properties with tailored coverages.

Blue River Underwriters has the Excess and Surplus Specialty Property market covered with primary and excess flood, tailored REO rental property and focused coastal wind/hail coverages across most of the nation.

Primary Flood

Target Risks

  • Post Firm A & V zone policies preferred
  • Pre Firm policies considered
  • U.S. excluding IL, KY, and U.S. Virgin Islands

Limits

  • $500,000 per occurrence each building
  • $200,000 per occurrence contents per building
  • Maximum TIV of $5MM

Rating

  • Maximum Credit of 25% to NFIP rate
  • $500 minimum premium
  • AM Best A Rated Carrier
  • Experienced Property Underwriting Team
  • Available in most of the U.S.
  • Completed Acord application and/or the Blue River SOV
  • The expiring and/or target premium
  • Elevation Certificate
  • NFIP Dec Page

Excess Flood

Target Risks

  • A, B, C, X zone properties
  • V zones can be considered
  • Pre and Post FIRM (Flood Insurance Rate Map) risks
  • U.S. EXCLUDING – CBRA Zones, Fire Island, NY, Suffolk/Nassau County, NY, Block Island, RI, Padre Island/Galveston Island, TX, Monroe County, Florida, King County, WA, Red River, ND and SD, Sacramento, CA and New Orleans Parishes, LA

Limits

  • Excess of National Flood Insurance Program limits of $250,000 residential building up to $2.5MM in TIV
  • Excess of National Flood Insurance Program limits of $500,000 commercial building up to $20MM in TIV
  • Available Business Interruption and Contents coverage

Rating

  • Max rate credit of 15% for positive elevations
  • $500 minimum premium
  • AM Best A Rated Carrier
  • Experienced Property Underwriting Team
  • Available in most of the U.S.
  • Completed Acord application and/or the Blue River SOV(I have attached)
  • The expiring and/or target premium
  • Elevation Certificate
  • NFIP Dec Page

REO Rentals

  • Property management companies and mid- to large-size real estate investors. Property schedules of 10 or more.
  • Risks – Single Family Residential, 2-4 Units, Condominiums and Apartments
  • $1MM per location limit; Limits in excess of $1MM can be considered on a prior submit basis
  • Coverages include All Risks, including Wind/Hail, Earthquake and Liability. Flood is also available
  • No Section 8, HUD, Subsidized or Student Housing, Detroit, Michigan and Monroe County, Florida
  • Not available in Detroit, MI or Monroe County, Florida
  • AM Best A Rated Carrier
  • Experienced Property Underwriting Team
  • Available in most of the U.S.
  • Completed Acord application and/or the Blue River SOV
  • The expiring and/or target premium
  • Loss Runs

Coastal Wind/Hail

  • Issuing Company: AM Best A+ Rated Carrier
  • Coverages: All Risks Cover
  • Limits: Up To $5MM+
  • Completed Acord application and/or the Blue River SOV
  • The expiring and/or target premium
  • Loss Runs

Program Available: Varies by coverage. See details to the left or contact us for more information.

Contacts:

jared

Jared Mathis
SVP/Sr. Underwriter
Office (678) 322-3538
Cell (404) 444-2466
jmathis@blueriveruw.com

michael

Michael Marks
VP/Underwriter
Office (678) 322-3537
Cell (770) 315-5213
mmarks@blueriveruw.com

ed

Edward Marcinkevich ARe, ASLI
VP/Underwriter
Cell: (856) 242-4487
emarcinkevich@blueriveruw.com

BRU-jblumeheadshots

Joi R. Blume, PRIS
Associate Underwriter
Office: (678) 322-3532
Cell: (770) 712-7666
jblume@blueriveruw.com

 

Main Office Mailing Address:
Blue River Underwriters
Specialty Property Program
245 TownPark Dr., Suite 400
Kennesaw, GA 30144

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