Coastal Condominium Program
Jencap’s Exclusive Coastal Condominium Program
(Condo ProTekt)
This program focuses on smaller coastal risks in NY and NJ only. Target risks include coastal frame, smaller condo associations, under $10M in TIV, and owner occupied. This program is underwritten in-house through a top rated Non-Admitted carrier with rapid response and service from the Jencap team based in New Jersey.
Targeting:
- Coastal Frame
- Smaller Condo Associations
- Owner Occupied
- Under $10M in TIV
Program Features:
- Top Rated Non-Admitted Carrier
- Industry Expertise
- Package Policy
- In-House Underwriting & Service
- Rapid Response
Program Coverages:
- Property (Wind Damage Included)
- Property Coverage Enhancement Endorsement
- General Liability
- Business Income
- Equipment Breakdown
- Hired and Non-Owned Auto
Submission Requirements:
- Acord Applications
- Condo Supplemental Application
- Three Years Currently Valued Loss Runs
Coverages / Sublimits:
- Outdoor Landscaping $5,000
- Outdoor Signs $10,000
- Inflation Guard Protection 5% for Named Storm
- Ordinance or Law $25,000
- Back-Up of Sewer or Drains $10,000
- Fire Department Service Charge $5,000
- Pollutant Clean Up and Removal $10,000*
- BPP of Others $10,000
- Accounts Receivable $10,000
- Debris Removal $25,000
- Valuable Papers $5,000
*Limited to the Annual Aggregate