All Other Perils coverage is offered to commercial property owners and tenants in the Gulf, Florida, Eastern Seaboard, and Hawaii on behalf of a diverse line up of strong carrier partners and Lloyd’s of London Syndicates. Coverage is written on a non-admitted basis using a Special Causes of Loss form and includes Wind/Hail coverage. Full-limit quotes for accounts with smaller total insured values can be obtained instantly through ICAT Online; quotes for full limits, primary, buffer, and excess layers on larger accounts are available through an ICAT middle market account underwriter. Commercial General Liability package policies are available for habitational risks with TIVs less than $5,000,000 in all Wind states. CGL policies are written on a Commercial Package Policy form set.
The Commercial Multi-Peril product in the Gulf states (Texas, Louisiana, Mississippi, Alabama), Florida and in the Eastern Seaboard (Georgia, South Carolina, North Carolina, Virginia, Maryland, Delaware, New Jersey, New York, Connecticut, Rhode Island, Massachusetts, New Hampshire and Maine) is underwritten using a Special Causes of Loss form. All Other Perils coverage is provided on Buildings, Business Personal Property, Tenant Improvements or Betterments, Business Income/Rental Value and/or Additional Property Coverage (signs, pools, fences, etc.).
Target Accounts for the Commercial All Other Perils program are commercial habitational (condominiums and apartments), offices, retail and hotels/motels, with many other occupancies eligible. Accounts are typically less than $50,000,000 in total insured value.
ICAT’s website offers full limits quotes for accounts with smaller TIVs; our Middle Market Business Unit offers full limits or primary, buffer or excess layers. Specific guidelines and per-risk capacity vary by territory and are based upon account risk characteristics.