General Star Management Company is pleased to provide Commercial Package Policies on select properties located in designated catastrophic wind areas through our Property Division. Coverage will be written by General Star Indemnity Company on a non-admitted basis through designated surplus lines brokers.

Coverage Offered

• Commercial Package Policy with a catastrophic wind element exposure
• Two components: Primary Property and Primary General Liability

Risk Appetite

• Residential
  • Apartments and Condominiums (Max 250–300 units per complex. All construction. No senior housing, student housing or HUD.)
• Lessors Risk (LRO)
  • Up to 100,000 square feet Banks, Offices, Mercantile
• Hotels / Motels
  • up to $2,500,000 annual sales
• Shopping Centers
  • Up to 100,000 square feet
• Vacant Properties
  • Up to 100,000 square feet; less than two years vacant
• Warehouses
  • Up to 100,000 square feet

Minimum Annual Premium

• $17,500 Minimum Policy Premium
  • Subject to $5,000 GL and $10,000 Property minimums

Eligible Territories

• Coastal states of: FL, GA, NC, SC, TX, VA

Limits

• Property
  • Up to $7,500,000 net (can gross up with Facultative)
• Liability
  • $1,000,000 Coverage A
  • $1,000,000 Coverage B
  • $2,000,000 General Aggregate
  • $1,000,000 Products / Completed Operations Aggregate
  • $100,000 Damage to Rented Premises
  • $5,000 Medical Payments

Submission Requirements

• Completed accord application (submitted as a package policy)
• GS Supplimental application for each location
• Five year Loss History