Southern Insurance Underwriters, Inc. (SIU) offers a flexible and competitive Dwelling Schedules Insurance program designed for both personal and commercial property risks. Whether you're placing business for vacant dwellings, rental properties, or renovation projects, SIU provides options that help you meet your clients' evolving needs. With the ability to combine vacant and dwelling fire policies into monthly schedules, this program is ideal for agents seeking simplified placement and broad market access.
Ideal Accounts and Appetite
This program is well-suited for agents working with:
- 1–4 family residential dwellings, including rentals and seasonal homes
- Vacant properties, including those awaiting sale or under renovation
- Bank-owned properties or those titled under a business or trust
- Commercial property portfolios needing flexible coverage terms
Whether your client has a single vacant home or a schedule of income-producing properties, SIU’s Dwelling Schedules Insurance program can provide tailored solutions.
Coverage Highlights and Advantages
Personal Property Benefits
- Monthly earned premiums for better cash flow management
- Vacant property terms available in 3 or 6 months (annual upon request)
- Up to $500,000 in premises liability coverage
- Ability to name banks or businesses on the policy
- All protection classes and schedule types are eligible
- Submission via Acord Dwelling Fire app or SIU form #3-01
- Homes built within the last 10 years may qualify for DP3 form
Commercial Property Benefits
- Flexible 3, 6, or 12-month policy terms
- Unlimited renewals available
- Option to convert to builder's risk coverage with renovation forms
- General Liability available up to $3M/$3M limits
- Umbrella coverage available up to $10M
- Highly competitive rates and "A" rated carriers
Underwriting Notes and Minimum Premiums
Minimum premium varies based on property type, location, and coverage needs. SIU underwrites through a variety of carriers, ensuring access to the most competitive solutions for your clients. Submission requirements are straightforward, and SIU offers support throughout the quoting and binding process.
Territories and Availability
This program is currently available in Alabama, Florida, Georgia, and South Carolina. SIU’s regional expertise ensures that risks are evaluated with attention to local market conditions and underwriting preferences.
Why Work With Southern Insurance Underwriters, Inc.?
As a Managing General Agency with decades of experience, SIU is committed to offering agents innovative property solutions with flexible coverage structures and strong carrier partnerships. Their Dwelling Schedules Insurance program is backed by responsive underwriting, customizable options, and a broad market appetite—helping you write more business with fewer obstacles.
You might have a client with a small portfolio of vacant homes or a property investor renovating multiple dwellings—both are strong fits for this program. SIU helps you deliver tailored coverage while keeping the process efficient and competitive.
Frequently Asked Questions
What types of accounts are a good fit for this program?
This program works well for 1–4 family dwellings, vacant properties, seasonal homes, and commercial property schedules needing flexible policy terms.
Can I write both personal and commercial properties under this program?
Yes, SIU offers coverage for both personal and commercial property risks, with the ability to combine policies for streamlined scheduling and billing.
Are vacant dwellings eligible for coverage?
Yes, vacant dwellings can be written for 3- or 6-month terms, with annual options available upon request. Renovation coverage can also be added if needed.
What forms can I use to submit business to SIU?
You can submit using the Acord Dwelling Fire application or SIU’s own form #3-01, depending on your preference and the nature of the risk.
Is this program available in my state?
This program is currently available in Alabama, Florida, Georgia, and South Carolina. SIU may expand availability based on market demand.
Need help placing an account? Connect with a market specialist.