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Send submissions to [email protected] nsminc.com/habpro
Joe MossbrookDirector of E&[email protected](610) 808-9499
The Best Home for Your Habitational Business
rev 0222A
HabPro Insurance is a best-in-class Commercial Real Estate (CRE) insurance provider specializing in package and mono-line property for apartments and condominiums. Built by NSM Insurance Group, the nation’s leading provider of specialty insurance programs, HabPro is available on a non-admitted basis and is focused on providing competitive coverage to the small to middle market arena.
ELIGIBLE CLASSES y Apartments
y Condominiums
y Multi-Family Homes
y Subsidized Housing (up to 15%)
y Mixed-Use Buildings (up to 30% mercantile)
y Student Housing (up to 100%; not owned or operated by a college/university)
y 55+ Independent Living Communities
y PC 1-8
KEY COVERAGES y Robust Property Enhancement Endorsement, which includes various sub-limit coverages
y Business Income
y Equipment Breakdown
y Ordinance & Law (up to 10% for B & C individually or combined)
y Hired & Non-Owned Auto
*We do not currently offer Umbrella, Earthquake, Flood or D&O coverage.
WHY US? y A+ Rated National Carrier
y Competitive Coverages & Policy Forms
y Creative Solutions for Traditional & Non-Traditional Accounts
y Dedicated Underwriting Expertise
y In-House Claims Service
y Superior Service
POLICY LIMITS & PREMIUMS
y Property Amount Subject: $15MM max.
y Policy Premium: $100,000 max.
y Average Policy Premium: $25,000
HABPRO INSURANCE
Send submissions to [email protected] nsminc.com/habpro
Joe MossbrookDirector of E&[email protected](610) 808-9499
The Best Home for Your Habitational Business
rev 0222A
HABPRO INSURANCE
INELIGIBLE RISKS y Non-sprinklered frame buildings with 4+ stories
y PC 9 or 10
y Vacant buildings
y Boarding, rooming and/or halfway houses
y Skilled nursing and assisted living facilities
y Timeshares or condo/hotel mix
y Hotels/motels
y Owner-occupied dwellings
y Mercantile buildings (more than 30%)
y Buildings 35+ years old without updates (roofs within 25 years)
QUOTE REQUIREMENTS y Accord Application
y Statement of Values (SOV) for Each Building
y 3-5 Year Loss History
y Expiring Premium & Target Premium
y Supplemental Application
y If there is coverage you want quoted that is not on the Application, or coverage on the Application that you don’t want quoted, please specify in your cover email.
OUR TERRITORYWe serve all states:
y Excluding AK, FL & HI
y Excluding the five boroughs of NYC
