![](/packages/slir/w320-h213/assets/program-categories/Deductible_Buy_Back1.png)
We Can Make High Commercial Wind/Hail Deductibles More Predictable & Affordable
Commercial property accounts including apartments, schools, churches and other brick and mortar businesses are being hit with wildly increasing wind/hail deductibles, and it's simply not affordable for many organizations. Concorde offers a Windstorm & Hail Deductible Buy Back product to help make high deductibles more manageable. This product kicks in in the event of a covered Wind/Hail loss on your client's primary policy and pays out the agreed upon portion of the deductible.
Concorde can write Windstorm/Hail Deductible Buy Back for primary policies with ANY carrier.
Product Details:
- Clients can buy deductibles down as low as $5,000 depending on account TIV.
Buy Down Options: Percent to Percent, Percent to Dollar or Dollar to Dollar. - Maximum TIV, any one location - $25,000,000
- Maximum TIV, overall - $100,000,000
- Maximum Recoverable Limits up to $3,000,000 Available
Target Classes:
- Churches / Houses of Worship
- Schools
- Office
- Industrial
- Hotel / Motel
- Condos
- Retail
- Warehousing
- General Commercial
- Construction (Builder's Risk)
If you prefer to email your quote request, please submit the following to newbusiness@cgains.com:
- Requested Retained Deductible (amount you'd like to buy down to)
- Primary Policy Quote or Existing Policy Documents
- Original Application for Primary Policy
- 3 Years Loss Runs
- Excel Location Schedule (if more than 1 location)
- Roof Type (material & when it was last updated)
- Limits Applicable
- A per location deductible
- A per building deductible
- A per occurrence deductible
- A per building, per occurrence deductible
- A per location, per occurrence deductible
For additional details or questions, please reach out to your agency's underwriter or:
Commercial Agency Bill Team
800.726.1611 ext. 8994
Team Directory