The Smart Insurance Program
Insurance for Cooperatives, Condominiums and Superior Apartment Buildings
The “Smart Program” was designed to address the insurance needs of cooperatives, condominiums and superior apartment buildings by the QBE Insurance Group of Companies (AM Best A IX) and is underwritten through their Praetorian Insurance Company. QBE underwrites a number of successful real estate insurance programs nationally, and Mackoul & Associates designed and is the exclusive administrator of “The Smart Program” for quality real estate in the New York, New Jersey, and Connecticut Tri-State area. The “Smart Program” offers outstanding coverages and unparalleled claim service at significant premium savings to those real estate risks that qualify.
Your Cooperative, Condominum Or Superior Apartment Building May Qualify If:
- Your Building Is Brick Or Fire Resistive Construction
- Is Managed Either Through A Professional Property Management Firm Or Active Board Of Directors
- Building Maintenance Of Systems, Loss Prevention, And Upkeep Is Superior
- Good Loss History For Previous Five Years
Here Are Some Of The Elements That Make The “Smart Program” So Unique:
- Praetorian’s “Smart Insurance Program” comprehensive building wide’ property and liability coverages form
- Crime Fidelity coverages included in policy
- Systems Breakdown/ Boiler & Machinery included in policy
- Directors & Officers Liability coverage underwritten by Chubb Group at discounted premiums
- Commercial Umbrella Liability underwritten by multiple carriers at significantly reduced premiums
- Environmental coverages through ACE Group of Insurance Companies for fuel spills from both above and below ground tanks with optional coverage for Lead Paint and Asbestos Liability
The information outlined herein is a guideline only; refer to the actual proposal and policies for full terms, conditions, exclusions, and limitations.
For a quote for “The Smart Insurance Program”:
