Coastal Condominium Program
Jencap’s Exclusive Coastal Condominium Program
(Condo ProTekt)
This program focuses on smaller coastal risks in NY and NJ only. Targeting 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
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