Commercial Property Insurance
Designed to address the unique and challenging needs facing occupancy owners today.
Insurance Overview
Why Commercial Property Insurance?
From vacant buildings to shopping centers, commercial properties face a variety of risks, so having the right property insurance is a must. With over 50 years of underwriting experience, our underwriters are committed to finding practical and creative solutions to address your catastrophic and non-catastrophic property risks.
Who We Insure and Availability
Coaction insures a broad range of occupancies, including:
- Hotels / Motels
- Condominiums / Apartments
- Offices
- Real Estate
- Wholesale / Distribution
- Manufacturing
- Restaurants
- Vacant Properties
- Wildfire Exposures
- Unprotected Properties
Not Within Appetite
Dealer’s Open Lots, Stock Throughput, Monoline BI, Recyclers, Builder’s Risk, Foundries, Pharma, Grain Risks, Growing Crops, Petro Chemical, Ocean/Inland Marine, Power Generation
Commercial Property Coverage Highlights
Coaction’s commercial property insurance is specifically designed to address the catastrophic and non-catastrophic risks facing many occupancies today.
- $25 million in capacity for optimal risks
- $2.5-$5M working line capacity, including critical CAT (Florida wind, California earthquake)
- (Excellent), Financial Size Category X
- TIV’s less than $1B
- Full limits, first loss, quota share, buffer / excess
- ISO and related forms for most offerings
- $20,000 minimum premium
- $25,000 minimum premium California earthquake and Florida wind
- $5,000 minimum AOP deductible
Our property coverage is available in all 50 states and Washington D.C. through selected wholesale brokers.
Claims Management
At Coaction, we strive to provide an exceptional claims-handling experience to our clients. Our average claim adjuster has over 15 years of experience and are strategically aligned with our underwriting verticals to provide our insureds and claimants a specialized claims encounter.
- Expert claims team known for its quality, commitment, and integrity
- Engage with specialized investigative and litigation experts
- Industry-leading loss control services
The Coaction Advantage
Coaction delivers comprehensive insurance solutions through a unique approach that combines three defining attributes for business success.
Underwriting Expertise
based on our collective years in the insurance industry.
Modern Insurance Products
customized for today’s most complex business demands.
Technology Support
through streamlined tools that put our partners and customers in control.
Our Expertise
Headed by Senior Vice Presidents Bill Steinberg and Stephen Nadeau, our commercial property team consists of a seasoned group of underwriting specialists who have extensive experience dealing with the catastrophic and non-catastrophic risks challenging occupancy owners today. With a reputation for superior service, all claims are handled by a dedicated team of in-house property specialists backed by years of industry expertise.
