The real estate industry is one of Program Brokerage Corporation's strongest specialties. Our experience in real estate insurance is reflected in Programs that respond to the particular, and sometimes differing, exposures in various geographical regions.
We were the first to offer Purchasing Group Programs for residential co-ops, condominiums and retail buildings. We place coverage for over 1000 commercial office buildings and shopping centers with in excess of 200 million square feet of space.
Coverages Offered:
All Risk Property
• Any one location $25,000,000 except $10,000,000 Frame Construction
• Maximum Schedule $75,000,000 except $30,000,000 Frame Construction
Territory:
NY / NJ / PA / CT
Target Business:
LRO type exposures for:
- Office Buildings
- Shopping centers / enclosed malls / strip malls / taxpayers
- Garden Apartment complexes
- Hotel / Motel
- Mercantile Risks / wholesale & retail
- Auto Repair
- Gas Stations
- Convenience Stores
- Nursing Homes / Assisted Living
- Schools
- Light manufacturing
- Clothing and Textile Products Manufacturers (no warehousing)
- Electrical Products and Component Manufacturers (no warehousing)
- Fabricated Metal Product Manufacturers
- Food Processors (no cold storage)
- Furniture and Fixture Manufacturers (no warehousing)
- Industrial Machinery and Parts Manufacturers
- Machine Shops
- Plastics and Rubber Products Manufacturers (no warehousing)
- Stone, Clay and Glass Products Manufacturers
Minimum Premium:
• $1,000
Not Eligible:
• Buildings less than 80% occupied
• Buildings in course of renovation, gut-rehab
Required Documents:
• Acord Application
• 3-5 Years Loss History
For more information contact:
Jonah Aaron Lipin
Phone: 212-338-2983
Email: jlipin@programbrokerage.comn
Tom Henderson
Phone: 212-338-2946
Email: thenderson@programbrokerage