This program is all about customization. Commercial real estate firms offer a vast array of services and CNA/Schinnerer responds with flexible, tailored coverages to satisfy this diversity. Our resources and experience provide you with the most comprehensive, finely tuned coverage possible.

Specifications

Contact:
Linda Realo

(301) 961-9847
Linda.C.Realo@schinnerer.com

Availability: On a non-admitted basis in all states and the District of Columbia, except WY

Target Risks: Real estate brokerages, leasing and property management firms, real estate consulting firms, real estate appraising firms, mortgage brokerages and auctioneering firms.

Company: Columbia Casualty, a CNA Company with an AM Best rating of A XV. In Illinois, the company is CNA Insurance Company of California.

Minimum premium: $5,000

Minimum deductible: $5,000

Limits: Up to $5 million per claim and in the aggregate

Program Features

• Claims-made and reported
• Duty to defend
• Ownership, personal injury and subsidiary coverage
• Supplementary payments for loss of earnings and licensing board complaints
• Extended reporting period offered, twelve months at 100% of the total annual premium
• Claims handling by local claims specialists who only service real estate claims
• Special coverages include renovation services, lockbox, 90 day cancellation, incidental third party discrimination development services and worldwide coverage
• Innocent insured protection for those in a firm who do not commit fraud and are unaware of fraud that causes coverage to be declined
• Risk management and loss prevention services available; 50% deductible credit for use of mediation (up to $25,000 credit)
• Toll-free helpline for advice before an issue becomes a claim

Policy Highlights in a printer-friendly format.