FROM VANTAGE RISK
Here's a requirement we keep hearing from brokers placing Freddie Mac and Fannie Mae financed properties: full coverage for vandalism and theft, with no restrictive exclusions or sublimits. Our new Mixed Use product was built to solve exactly that. What it means for your next submission: • Full limits on both vandalism and theft — no carve-outs to explain to your lender • A cleaner fit for Freddie Mac/Fannie Mae requirements, without working around coverage gaps • One less reason for a deal to stall in underwriting If you've got a mixed-use risk tied to Freddie Mac or Fannie Mae financing sitting on your desk right now, this is worth five minutes of your time. → Submit your mixed-use risk for a quote Prefer to review the coverage first? Check out the Mixed Use brochure for full product and coverage details. Not sure if it fits? Send it our way anyway — we'll tell you within one business day. → Submit for Quotation (drag and drop) www.NeitClem.com Appetite Highlights Have a small commercial risk in a higher-crime area? We want to see it. Built specifically for small businesses that are hard to place because of location or crime exposure. Key Coverage & Capacity Advantages • No theft, vandalism, or riot exclusions or sublimits • Assault & Battery exclusions used only on a limited basis — mainly C-stores, liquor stores, and 24-hour operations • Monoline Property now available • Multiple locations accepted • Up to $10M TIV outside Florida, Tier 1, Tier 2, and other coastal areas • CAT capacity up to $5M • Risks within one mile of the coast considered when construction quality is superior • No audits for our targeted classes Our Sweet Spots • LROs: Offices, medical offices, personal services, and light retail. No habitational, warehouses, or restaurants. A&B exclusions used only in rare cases. • Light Retail: Smaller square footage preferred • Outpatient Healthcare: Doctors, dentists, physical therapy offices, and similar risks • Professional Services: Accounting firms, law offices, real estate offices, and similar • Personal Services: Nail salons, spas, barber shops, and similar • Restaurants: Under 50% liquor sales; more attractive with lower TIVs or inland locations • C-Stores: No gas, under 4,000 sq. ft.; inland locations preferred • Grocery Stores: Under 4,000 sq. ft.; inland locations preferred • Liquor Stores: Under 4,000 sq. ft.; inland locations preferred • Laundromats: Smaller square footage, $300K TIV or less; inland locations preferred • Artisan Contractors: No GCs; available in NC, AZ, IN, MI, MN, OH, and TX Have an account that fits — or one you're struggling to place because of crime score or location? Send it our way and we'll take a look.
