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Build-to-Rent Insurance Program
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Vital Coverage for Unique Properties
Build-to-Rent properties, where 100% of the units are rental-occupied and owned by a real
estate investment firm, require an approach that goes beyond basic coverages and protects the
community association and its board of directors from new and emerging risks. The
Build-to-Rent Insurance Program from Community Association Underwriters (CAU) was custom
designed to provide vital coverage for these unique properties.
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Available Coverages
Property
Homeowners associations without residential building coverage
Minimum deductible $10,000
Crime
Maximum limit $150,000
Equipment Breakdown
Maximum limit $100,000,000 (Subject to referral)
Casualty
General liability maximum limit of $1,000,000 with general aggregate of $2,000,000
Environmental liability
Ineligible Coverages
Umbrella
Directors and officers
Cyber liability
Carrier
The Princeton Excess and Surplus Lines Insurance Company
Miscellaneous
Named Insured on policies – homeowners association
Coverage will only be offered exclusively to BTR communities. The program will not entertain mixed communities where renders and owner-occupied homes share the same community.
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