Vacant Buildings — Commercial Liability
This preferred product targets risks that own vacant properties including such properties that may be undergoing or scheduled for renovation.

General Liability

Risks that are totally vacant including condominium units for unit owner’s interest
Risks with no renovation work in process or planned during policy term
Risks with an area up to 250,000 square feet
Risks with vacant land up to 500 acres
Risks that are properly secured to prevent public access
No losses or claims (excluding closed without payment) incurred in the past three years

Property

Risks that are totally vacant including vacant condominium units for unit owner’s interest
No renovation work in process or planned during policy term
Risk that are properly secured to prevent public access
No losses or claims (excluding closed without payment) incurred in the past three years

ELIGIBLE RISKS – Includes all of the above characteristics except where amended below
GENERAL LIABLITY
_ Risks undergoing non-structural renovation with contract costs up to $250,000
_ No more than two losses or claims (excluding closed without payment) incurred in the past three years

PROPERTY
_ Risks undergoing non-structural renovation with contract costs up to $250,000 or no more than 50% of the existing building value
_ Vacant condominium units undergoing renovations up to $50,000
_ No more than two losses or claims (excluding closed without payment) incurred in the past three years