| Big "I" Markets partners with MiddleOak to bring you access to habitational markets. MiddleOak's target market accounts are well managed, well maintained and controlled by experienced owners and management personnel. This program is designed for the successful professional property owner who demonstrates the management skills necessary to secure responsible tenants and maintain the properties in good condition. Good property maintenance is important for controlling losses and not only includes regular property visitations and upkeep, but also updating roofs and electrical, plumbing and heating systems. Pricing of the overall risk reflects the landlord's management skills, experience and proactive maintenance measures. MiddleOak offers two programs: Worlds Apart®, a property and liability program for apartment classes where the insured owns and insures a minimum of 11 rental units on the policy. Occupancy types include apartments; student, senior and affordable housing; well-maintained dwelling schedules; and high-value buildings. Capsure®, a property and liability program for condominium, homeowner and cooperative associations with a minimum of 11 units. Occupancies include primary, secondary and non-owner occupied. Key program features include: - 11-unit minimum
- Business owners policy
- Direct billing
- No year-built requirement, as long as properties have been updated in the last 30 years
- Guaranteed replacement cost
- Equipment breakdown included in special perils
- Actual loss sustained business income: 18 months
- Comprehensive liability limits, including aggregate per location
- No general liability deductible
- Employee dishonesty coverage
- Earthquake and flood coverage in some areas
- Water backup and sump overflow coverage
- Hired and non-owned automobile liability
- Available all-in coverage for condominium associations
- Available wind-driven rain coverage
- Available credits for smoke-free properties
- Additional credits available for installing and using stovetop fire suppression devices
- Available umbrella, directors & officers and other complementary products through MiddleOak's brokerage operation, Dauntless Specialty Brokerage
Review this target market sell sheet, and log in to Big "I" Markets for information about availability. |