Wind Deductible Buy Back
Wind Deductible Buy Back
Wind deductible buy back coverage can be written on both commercial property and property in the course of construction. Typical policy terms are 12 months for commercial property and up to 36 months for property in the course of construction.
Wind Buy Back Apps Required
*Acords Available through OPUS
DIRECTIONS FOR SUBMISSION
| DIRECTIONS FOR SUBMISSION | Email: windbuyback@brittpaulk.com Fax: 770.836.8563 |
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Wind Deductible Buy Back
| RATING | Non-Admitted, A.M. Best “A” |
|---|---|
| TERRITORY | AL, CT, DE, FL (excluding Monroe County), GA, HI, LA, MA (excluding Nantucket & Duke Counties), MD, ME, MS, NC, NH, NJ, NY, PA, RI, SC, TX, VA |
| FEATURES | Can be written with or without Annual Aggregate Limit Can be written for "Wind" or "Named Windstorm" |
| ELIGIBLE construction TYPES |
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| terms | Property-12 months Commercial Property in the Course of Construction-36 months |
| DEDUCTIBLEs | TIV less than $2,500,000-1% subject to a minimum of $10,000 TIV less than $2,500,000 to $4,999,999-minimum of $25,000 TIV less than $5,000,000 to $9,999,999-minimum of $50,000 TIV less than $10,000,000 + -minimum of $100,000 FLORIDA-The lesser of $100,000 or 1% subject to a minimum of $50,000 |
| LIMITS | $1,000,000 maximum limit per occurrence Maximum TIV of $50,000,000 |

