At Preferred Property Program, we are committed members of our Insured’s communities. Over the years, we have made many alliances with organizations that focus on the particular needs of the cities, towns and neighborhoods where our clients live and work, which helps us to better serve your needs. A few of the organizations where we are proud members, friends and/or affiliates include:
AXA XL company is our carrier for our high limit Umbrella, offering coverage limits ranging from $5 million up to $25 million on our first Umbrella layer. They are also our carrier for our Environmental Impairment program. AXA XL is rated A(XV) from A.M. Best as well as A+ with Standard and Poor’s and Fitch.
Chubb Insurance Group
Chubb Insurance Group is our carrier for our $25 million excess $25 million umbrella layer. They are rated A++ (XV) from A.M. Best as well as AA with Standard and Poor’s and Fitch.
AmTrust is our carrier for our Workers Compensation program for with payroll or without ( “If Any Payroll") for Property Managers; Condominium Associations and Building Operations by Owners (both available in most states).
CNA is our Equipment Breakdown carrier for Residential and Commercial (including LRO types). Coverage is written on “A” rated paper. Coverage extends to Elevators, Security Systems, Pumps, Telephones, Computer Equipment, Heating and Cooling Systems; Common Area Lighting and Electrical Equipment, just to name a few.
Largest MGA in the United States, serving only community associations, residential and office condominiums, cooperative apartments, and homeowners associations.
National non-profit organization for community associations
Our Cyber policy offers 1st Party coverage for Cyber Incident Response, Cyber Crime, System Damage & Business Interruption. It also provides 3rd Party coverage for Network Security & Privacy Liability, Media Liability, Technology E&O and Court Attendance.