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© 2020 EQ One. All rights reserved

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EQ One is an Alliant Insurance Services, Inc. company

 
UNDERWRITING GUIDELINES FOR QSIC & PIC
 
Perils:
  • Difference in California (DIC)
  • Earthquake
  • Flood (excluding 100 Year Flood Zones)
  • Building Ordinance
  • Earthquake Sprinkler Leakage
  • Earth Movement
 

Maximum Policy Limit:

 
 
Policy Types:
 
 
 
 
 
Fees:
 
 
Minimum Earned Premiums:
 
Standard Broker Commission:
 
Construction and Age Requirements:
 
Valuation:
 
 
 
 
 
 
 

$10,000,000 - Praetorian Insurance Company

$50,000,000- QBE Specialty Insurance Company

 

Primary

Loss Limits

Gap Layers

Pro Rata Participation

Excess

 

Policy Fee - $150.00

Inspection Fee - $150.00 per location

 

25%

 

15%

 

Per the attached Age and Construction Class Eligibility Guidelines.

 

Per the attached Valuation Guidelines.

 

Accounts submitted with a Marshall Swift (or other valid source of valuation verification) or meet our minimum value per square foot requirement, will be quoted on a Replacement Cost basis.

 

All other accounts will be quoted on an Actual Cash Value basis.

 

When providing valuation verification, the following items must be clearly noted on the form:
  • Location
  • Occupancy
  • Construction Height
  • Square Footage (including parking - this item may be segregated, but must be accounted for in the total valuation)
  • Construction Quality
  • Number of Stories
  • Story Height

AGE AND CONSTRUCTION CLASS ELIGIBILITY GUIDELINES

*Building constructed prior to 1920 subject to manager's approval.

VALUATION HEADING

 

Minimum required value for Replacement Cost (without valid valuation documentation).

 

Earthquake Zones A, B, C, & D:

 

Earthquake Zones E:

 

Earthquake Zones F, G, H, & Non-California:

 

Valuation for parking: 50% of the above required minimum price per square foot.