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Century writes property
lines of insurance at per location limits as high as $15,000,000.
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All fire protection
classes are considered.
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Wind and hail coverages
are typically excluded in coastal areas.
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Flood, earthquake, or
DIC coverage is rarely offered.
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Century agents have the
opportunity to write exclusive target marketed programs. A successful example
is our Indiana low-value dwelling program.
ISO commercial property
forms are the basis for Century's coverage, with the possible addition of
company-specific endorsements. The following is a partial list of available
coverage extension endorsements:
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Refrigeration
interruption
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Ordinance of Law
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Business interruption
coverage
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Property Extension
Endorsement
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Builders risk
Century's property
division also underwrites inland marine coverages including:
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Contractors equipment
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Trip transit
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Cargo
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Warehousemen's legal
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Installation floaters
All property
applications start with a fully completed ACORD applicant information section,
PLUS a property supplement and an inland marine supplement if applicable. On
many classes of business the insured's most recent financial statement and
additional explanatory narratives, or perhaps a class specific application
supplement, may be required as well.
Successful Century
Insurance Group classes of business include:
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Apartments
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Hotels/motels
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Machine shops
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Foundries
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Bowling alleys
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Churches
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Strip centers
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Warehouses
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Contractors
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Restaurants
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Taverns
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