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TERRITORY - All states except AK, AZ, HI, KS, MA, ME and WV
AGE - Updates
to roof, wiring, plumbing and heating systems must have been completed within the last 10 years for properties built prior
to 1992
SIZE - Up to $15,000,000 in property values
FIRE PROTECTION - Protection
classes 1-8 are acceptable
- Hardwired smoke detectors are required
- Buildings that are greater than 3 stories
in height must be 100% sprinklered
ELECTRICAL SYSTEMS - Buildings with fuses are
not acceptable
- Aluminum wiring is not acceptable
OCCUPANCY RATE - The occupancy
rate must be at least 50%
MINIMUM COST PER SQUARE FOOT - Frame or JM ($65)
- MNC or
better ($85)
MINIMUM PREMIUM - Package ($5,000)
- Monoline Property or GL
($3,000)
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