Commercial Property Coverage

Coverage provided: CP 0082 coverage form

Coverage May Include:

Underwriting Criteria

1. Manufacturing must not be done on the property.
2. Property must be at least 50% occupied. If property is undergoing active rehabilitation, see Rehabilitation Coverage.
3. Property must be substantially occupied and used.
4. Property must be free of specific characteristics of ownership, condition, occupancy and maintenance that violate law or public policy and/or may result in increased exposure to loss
5. Property may not be owned by any individual(s) who has been convicted of arson or who has misrepresented the property by false information on the application(s)
6. Property may not have unrepaired damage or unsettled losses from any perils which would be insurable under the CP 0082 coverage form. If property is undergoing repair of loss from any such peril, see Rehabilitation Coverage.
7. Property must be secured from trespass
8. Property may not be in danger of collapse
9. Property may not have sustained loss which was caused by the gross negligence or carelessness of the insured/applicant
10. Property must have been denied the coverage sought by at least two insurance companies
11. Property may not have delinquent taxes, assessments, penalties or other such charges due
12. Property may not be in violation of any building, housing, air pollution, sanitation, health, fire or safety code, ordinance or rule
13. Property may not be insured for an amount in excess of actual cash value (replacement cost less depreciation and uninsurable items)
14. Applications submitted for coverage must be fully and correctly completed
15. Risks with commercial cooking are required to have at least two hand fire extinguishers in the cooking area if coverage being sought is less than $50,000 (total coverage for building and/or contents). If insurance sought is over $50,000, the property must have properly installed automatic extinguishing systems over all cooking surfaces. A current maintenance certificate for the automatic extinguishing system must be submitted.
16. Risks with spray painting on premises are required to have a spray paint booth. All paint spraying must be done in a smooth, non-combustible, non-porous finish booth with non- combustible door. Exhaust fan blades must be of non-metal material and all wiring must be explosion and vapor-proof.
17. Risks that have storage of flammable liquids must have those liquids stored in their original unopened containers or in UL approved containers.
18. Bowling Alleys must have any pin refinishing accomplished off-premises and the business must be closed during lane refinishing. A professional refinishing firm must perform the lane refinishing.
19. Risks with a boiler must have a current Certificate of Operation from the State of Ohio. A copy of the certificate must be submitted.

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