| The small commercial program on Big “I" Markets is expanding into the non-admitted market to bring you access to vacant commercial buildings coverage. This is available as a package or monoline, and multiple locations can be considered. - Basic and special commercial forms—ACV and RCV options
- Property building limits up to $2 million, or $2.5 million on referral
- Premises liability limits up to $1 million/$2 million
- Coverage B or other structures coverage available for up to 20% of building value
- Policy term options of three, six, nine and 12 months
- Property qualifies up to 36 months of vacancy
- Standard ISO policy forms with deductibles as low as $1,000
- Cosmetic renovations approved up to 50% of building value (maximum $400,000)
- Theft and vandalism & malicious mischief coverage on special form
- Additional insureds at no cost
- Competitive low minimum premiums
- $150 policy fee in all states where allowed
- Inspection fee may apply
Each risk will be considered individually. Ineligible risks include schools, golf clubs, warehouses or other large buildings with unsupported roof structures, buildings with pre-existing damage, and historical buildings. Partially occupied risks will be referred to the carrier for consideration and a supplemental application will be required. Photos or physical inspections are required for new business and renewals based on the value of the building. If a physical inspection is required, the cost will be included in the quote. Due to current coronavirus conditions, your insured may be asked to provide exterior and interior photos. To request a quote, log in to Big “I" Markets and select Small Commercial. When in the Request a Quote process you will be prompted to download the required applications. The Small Commercial program is currently accepting applications for vacant commercial buildings from members in AR, AZ, CO, CT, DE, GA, IA, IL, IN, KS, MA, MD, MI, MN, MO, MT, NC, ND, NE, NH, NJ, NM, OH, PA, SC, SD, TN, TX, VA, VT, WA, WI and WY. More states will be available in the near future. Big “I" Markets is a licensed surplus lines broker in all 50 states and Washington, D.C., and will complete all filings on behalf of your agency. There is no requirement for your agency to be licensed in surplus lines. All members in South Carolina must have at least one broker in the agency to quote admitted or non-admitted products with Big “I" Markets.
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