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Florida Commercial Property Program


A.M. Best - A+ XV Rated Carrier



Special form property coverage (includes wind)

Eligible Classes:

  • Apartments
  • Condominiums - Residential & commercial
  • Health Care Facilities
  • Hotel / Motel
  • Lessors Risk
  • Light Manufacturing
  • Offices
  • Retail

    • Eligible Coverages:

  • Building
  • Business Personal Property
  • Business Interruption
  • Extra Expense
  • Ordinance or Law (buildings < 20 years old)

    • Deductibles:

    Wind

  • 5% per location within 2 miles of ocean or gulf
  • 5% in Dade, Broward, Palm Beach, Lee & Collier counties (minimum of $50,000 per occurrence) - Currently these counties are closed
  • 2% - 5% Remainder of state (minimum of $25,000 per occurrence)

    • AOP

  • $2,500 for TIV up to $1,000,000
  • $5,000 for TIV over $1,000,000

    • Maximum Total Insured Values:

  • No limitation

    • Underwriting Restrictions:

  • No wind coverage on barrier islands
  • No wind coverage within 2 miles of ocean, gulf or body of saltwater for non-combustible or frame construction
  • No wind coverage on non-combustible construction over 5 years old
  • No builders risk
  • No EFIS (exterior insulating finishing system) or DRIVIT
  • No aluminum wiring
  • No fuses
  • No risks with sinkhole claims or evidence of potential sinkhole problems
  • No mansard roofs

    • Maximum Roof Age:

  • Fire resistive & Masonry non-combustible - 20 years
  • Joisted masonry - 15 years
  • Frame - 10 years

    • Minimum Earned Premium:

  • 35% for policies with original effective date not during hurricane season
  • 50% for policies with original effective date during hurricane season

    • Minimum Policy Premium:

  • $25,000 in Dade, Broward and Palm Beach
  • $20,000 within 2 miles of saltwater (excluding Dade, Broward and Palm Beach) currently these counties are closed.
  • $10,000 all other locations

    • Payment plan - Annual(Premium financing is acceptable)


    What constitutes a complete submission?

  • Acord 125
  • Acord 140
  • Tenant list for lessors risk accounts
  • Provide square footage for each building
  • Provide targeted premium
  • Provide photos if possible
  • Current Loss runs - 4 years plus current year
  • Update information on roofing, wiring, plumbing and HVAC systems on all pre - 1997 risks

    • Targeted Risks:

  • 1997 or newer construction
  • TIV between $5 and $15 million
  • Not located in a closed county
  • No non-combustible construction
  • No mansard roofs
  • No EFIS
  • Inland counties are obviously preferred
  • Good areas: Hillsborough, Pinellas, Duval, Orange and surrounding areas
  • Include photos with your submission
    • How to Obtain a Quote

    Fax, mail or e-mail completed, signed standard Acord applications together with 4 year hard copy loss runs or written loss statement of insured to:

    Toll Free Telephone: 888-335-6616
    Toll Free Fax: 888-335-6615
    E-mail: info@braishfield.com

    • Suggested minimum lead-time on submissions is 14 days prior to effective date
    • Quotation turnaround time is 48 hours after receipt of complete submissions.
    • Quotations are transmitted to agents via email. Proposals will include all coverage components, limits, premium and cost summaries.
    • Quotations will also include instructions allowing for binding upon receipt of the request at Braishfield.
    • Policies are processed immediately after receipt of binder request.