Abram Interstate Insurance Services, Inc., CMGA

Helping Independent Insurance Agents Since 1996

Where To Place Those Tricky Home Risks | Homeowners Insurance Product Highlight

Published on October 22, 2018

wholesale homeowners insurance dwelling fire hard to place CA CMGA Abram Interstate

Did you know…?

  • By the end of August, 307,300 new and resale home transactions closed escrow in California so far this year (source).
  • The Median house price on CA Resales is projected to be $525,000

Even though the Millenial generation is buying homes at an older age and slower pace than previous generations, we’re still seeing growth in our housing market in California, which means, there’s still all of those existing homes that are falling into new hands and needing new Homeowners Insurance Policies issued. Of these homes, some will be regular, Main St. type risks, but many are older, have prior losses, have a lapse in coverage, or are hard-to-place risks for any other reasons. We can help with you find a market for these “Specialty Homes.”

Abram Interstate often has the opportunity to write a policy to fit the risk rather than the risk fitting the policy guidelines. That means that you can get a tailored policy that makes sure your customers are truly getting the coverage they need. No more trying-to-fit-a-square-peg-into-a-round-whole nonsense.

We are experts in providing the appropriate coverage for these sometimes unique housing risks.


Homeowners Product Highlights for Specialty Homes:

Coverages:
Homeowners & Dwelling Fire 


Available Forms & Endorsements:

  • HO-3, HO-8, DP1, & DP3
  • Extended Replacement Cost – Contents Replacement Cost Available
  • Water Backup Available
  • Personal Injury Available
  • Scheduled Personal Property
  • Minor Renovation Work
  • Seasonal/Secondary/Vacation Rentals
  • Older or Lower Value Homes (Must Be Well Maintained)
  • Brush Areas w/ 200 ft. Clearance
  • Protection Classes 1-10
  • Log Homes
  • Hobby Farms
  • Slope Issues 
  • Post & Pier 
  • Multiple Losses 
  • Wood Stoves 
  • Wood & Flat Roofs 
  • Lapse In Coverage 
  • LLC, Trust, Corporation 
  • Private Lenders

QUOTE ONLINE NOW!

P.U.R.E. RATER (Our dedicated Lloyd’s Rater)

Click a product to begin quoting or to self register:

P.U.R.E USER GUIDE – SELF REGISTER AND QUOTE – CLICK HERE.
                        — OR —
P.U.R.E USER GUIDE – HOW TO QUOTE (SELF REGISTRATION COMPLETE) CLICK HERE

RATES AVAILABLE ON FSC ALSO!

Abram Interstate — Lloyds – DP3 #678 // HO3 #52

 

 

 

 

 

 

 
 
 

Abram Interstate Insurance Services, Inc. is a California wholesale insurance broker (CMGA) that has licensing and expertise to place business in both admitted and non-admitted markets for personal lines insurance and commercial lines insurance in California and surrounding areas.

Quote Online Today!