Dedicated Commercial Real Estate Specialists with Comprehensive, Bundled Offerings
Zurich is committed to understanding the risks of the commercial real estate industry and responding with insurance coverage and services to help you run your business. Whether you manage an office building, retail outlet, industrial warehouse, or condo association, we offer a coverage solution. We make it easy for you to get comprehensive coverage: 14 property, casualty and specialty commercial real estate insurance coverages with customizable options and capacity to write large property portfolios. Although our reach is global, we intimately understand the issues and needs of the U.S. real estate industry. That’s why we’re the only carrier with a dedicated, experienced real estate team geographically spread across nine locations across the U.S. who understands the real estate issues and risks in your area.
Zurich’s bundled suite of coverages helps you match coverage to your exposure, gain administrative efficiencies and minimize gaps and overlaps in coverage. Zurich’s proprietary property policy, Property Portfolio Protection (P3), goes beyond the traditional property coverage, such as real, personal property and time element coverages to include crime, newly acquired premises, earth movement and water damage inclusions. In addition, we offer no vacancy clause, no margin clause, no coinsurance condition, automatic replacement cost coverage and more. We offer several specialty coverages, including D&O and E&O, as well as Environmental liability.
With the recent addition of eight new coverages, including contingent real property coverage, down zoning, down zoning coverage replacement cost, tenant relocation coverage, tenant replacement expense, crisis event management, real estate tax assessment and unintentional errors and omissions, Zurich has made coverage options more flexible and customizable.