Commercial DIC Special Form Coverage
New One-of-a-Kind Commercial Additional Perils Wrap
Available in CA Wildfire Zones!
Available in CA Wildfire Zones!
Additional Perils Wrap + California Fair Plan Basic Perils = Special Form Coverage
Guidelines:
- Properties must be on the California Fair Plan solely due to their location in a wildfire zone
- Insureds must purchase all Basic Cause of Loss perils from the California Fair Plan
- Building/BPP limits must match the Basic Coverage Policy. Coinsurance is not required to match.
Property Requirements:
-
Property older than 25 years will require the following:
- Roofing must have been updated in the past 25 years
- Plumbing must be copper or PVC
- Plumbing older than 40 years must be referred
- No Polybutylene plumbing
- Any risks that do not meet guidelines must be referred to your underwriter
- Central Station Alarm is required when offering theft coverage on non-habitational occupancies
California Fair Plan Required Basic Peril Coverages:
- Fire
- Lightning
- Explosion
-
Extended Coverage
- Windstorm or Hail
- Smoke
- Aircraft or Vehicles
- Riot or Civil Commotion
- Sinkhole Collapse
- Volcanic Action
- Vandalism
- Sprinkler Leakage for Qualifying Buildings
The Following Are Not Available within this Program:
- Business Income coverage
- Coverage for Vacant Buildings and Builder’s Risks
Contact Your Commercial
Underwriter for More Information
Underwriter for More Information
- $500 Minimum Premium