Insurance agents working with clients in the real estate sector now have new options in excess liability.
Long Beach, New York-based New Empire Group announced this week that it has expanded its Prime Umbrella/Excess Liability Program portfolio with a new Excess Liability Program for Real Estate. Underwritten by an A.M. Best A8 carrier, the program offers low minimum premiums and competitive rates.
The Excess Liability program provides limits from $5 million to $25 million and delivers individual policies for each insured. Limits of up to $100 million are also available.
Qualifying classes of business include, but are not limited to, condominium associtions, cooperatives, apartments, homeowners associations, commercial buildings (LRO) and office buildings.
The program is admitted in all 50 states.
New Empire Group is a national program manager offering specialty insurance products to the real estate industry.
Other programs administered in addition to their umbrella/excess programs are: “CondPak” for condominiums, “SmartPro” errors and omissions for property managers, “Recover” Site Pollution and “CyberSential.”
Interested agents may call 866-431-8100 or contact Marisa Vutrano, commercial umbrella program supervisor, at firstname.lastname@example.org.