Mixed Use Commercial Building Policy

The Mixed Use Commercial Building Owner’s Policy provides property and liability coverage for buildings with commercial and residential occupancies. This product is designed for newer urban infill developments modeled on the classic Main Street structure utilizing retail occupancies on the ground floor, with apartments above.

Structures up to four stories in height and up to 10 apartment units are eligible, provided they are less than 25 years old and no more than 50% of the rentable area is occupied by residences.

Some of the standard coverage features are:

Structures Limit	120% of the declared or rating value
Rents/accrued rents limit	20% of the structures limit
Your Employees' Personal Property	$	15,000
Your Tenants' Personal Property	$	25,000
Newly Acquired Structures	$	1,000,000
Rents for Newly Acquired Structures	$	200,000
Course of Construction	$	1,000,000
Ordinance/Law (Increased Cost and Rents)	$	100,000
Debris Removal	$	250,000
Trees, Shrubs and other Plants	$	5,000
Fire Department Service Charges	$	5,000
Business Personal Property and BPP of Others	$	25,000
Money, Money Orders, Checks, Travelers Checks and Stamps	$	5,000
Extraction of Pollutants	$	25,000
Consequenial rents	$	100,000

Optional coverages may include mechanical breakdown, blanket limits, personal injury, and non-owned & hired auto.

This is a summary only. Please refer to policy for complete details, conditions and limitations.