Commercial Property

Richmond National provides specialized coverage for a broad array of commercial property
risks in the E&S marketplace throughout the United States. 
We offer All Risk, DIC and Single Peril coverage on a primary or excess basis.

Coverages

  • “All Risk” including or excluding Earthquake and/or Flood
  • Difference in Conditions – Earthquake and/or Flood
  • Single Perils – Earthquake, Flood and/or Wind
  • No wind coverage offered in the following states: Florida, Louisiana

North of Maryland:

  • Primary and Excess Capacity in Tier 1 and Tier 2
  • No Frame/JM on a Primary Basis

South of Maryland:

  • Tier 2 Excess Capacity Only

Capacity

  • Capacity of up to $5,000,000 for Primary and Excess Coverages
  • Primary limits: Target risks with $25,000,000 or less TIV with 1-5 locations
  • Excess limits: Target risks with $100,000,000 – $300,000,000 or less TIV with no limitation on number of locations

Target Classes

  • Entertainment / Recreation
  • Education
  • Hotels, Motels & Resorts / Condominiums
  • Light to Moderate Distributors and Manufacturers
  • LRO Commercial / Industrial
  • Personal Repair Services
  • Professional / Office Buildings
  • Real Estate Schedules
  • Retail / Shopping Centers
  • Vacant Buildings

North of Maryland:

  • Tier 1 $2,500,000 for both Primary and Excess
  • Minimum attachment point on Excess – $2,500,000
  • Tier 2 Max Capacity – $5,000,000

Restricted Classes

  • Food Manufacturing / Agricultural Risks (Poultry, Meat Packing / Processing)
  • Foundries
  • Growing Crops
  • Highly Flammable or Reactive Chemical Distributors and Manufacturers
  • Oil / Gas / Petrochemical
  • Recycling, Tire Retreading
  • Woodworkers

South of Maryland:

  • Max Excess Capacity – $5,000,000

Send Submissions to

cp@richmondnational.com

Contact

Jamey Schoenhard

jamey.schoenhard@richmondnational.com
(804) 256-0603

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Contact marketing@richmondnational.com for more info.

3951 Westerre Pkwy, Suite 200
Richmond, VA 23233

info@richmondnational.com

+1 (804) 256-0525
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