AVRECO - Your Specialty Risk Professionals

AVRECO Property Underwriting

**DID YOU KNOW? AVRECO has an in-house underwriting facility that can write mono-line property, mono-line GL, and packages including crime & inland marine. We offer SAME DAY TURNAROUND for rush submissions, so CLICK HERE to see if your risk fits our program.**

AVRECO’s in-house property underwriting facility operates for small- to medium-size commercial property business and does business in all 50 states on a non-admitted basis with the exception of Illinois and Kentucky, where it is admitted.

The property underwriting department deals only with wholesale brokers that have surplus lines licenses, and has a capacity of $6 million on non-catastrophe-exposed business, with the exception of $1.5 million on frame construction.

There is a minimum premium of $1,500 and a minimum deductible of $1,000 with a capacity of up to $5,000,000 on primaries and/or excess. Minimum premium is $5,000 on primaries and $800 - $1,000 per million on excess, with a max TIV of $25,000,000.

ISO forms are used along with Lloyd’s endorsements, and the paper is A-XV with certain underwriters at Lloyd’s of London.

The following is a list of some of the classes of business written by AVRECO’s in-house property underwriting facility:

• Banquet Halls
• Bars
• Billiard Halls
• Boat Repair
• Bowling Centers
• Campgrounds
• Convenience Stores
• Country Clubs/Golf Clubs
• Fiberglass Manufacturing
• Flea Markets
• Foundries
• Grocery Stores
• Habitational (Excluded in Texas)
• Hotels
• Light Manufacturing
• Lodges
• Machine Shops
• Mattress Manufacturing
• Metal Working
• Motels
• Nightclubs
• Offices
• Pallet Manufacturing ($500,000 limitation)
• Plastic Workers
• Recreational Parks
• Recycling Facilities
• Restaurants
• Retail

**SAME DAY TURNAROUND IS AVAILABLE FOR RUSH SUBMISSIONS**

Interested in learning more? Contact John Clark at (312) 294-5471 or .