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CONTRACT COMMERCIAL PROPERTY

Page 1 Revised 2-23 CONTRACT COMMERCIAL PROPERTY UNDERWRITING GUIDEE&S/SpecialtyContract COMMERCIAL PROPERTY OVERVIEW .. 3 APPLICATION REQUIREMENTS .. 3 List of Applications and Questionnaires .. 3 AUTHORITY .. 3 Submission Requirements .. 3 New Business Submission Requirements .. 4 Renewal Submission Requirements .. 4 Prohibited .. 5 BLANKET .. 5 BOUND BUSINESS NOTIFICATION .. 6 CAUSES OF LOSS .. 6 Basic Causes of 6 Broad Causes of Loss .. 6 Special Causes of 6 CONSTRUCTION CODES AND DEFINITIONS .. 6 Frame (Code #1).. 6 Joisted Masonry (Code #2) .. 6 Non-Combustible (Code #3) .. 7 Masonry Non-Combustible (Code #4).. 7 Modified Fire Resistive (Code #5) .. 7 Fire Resistive (Code #6) .. 7 COVERAGE AND VALUATION RATING GUIDELINES .. 7 Agreed Value .. 7 Building Ordinance or Law Building Owner .. 7 Building Ordinance or Law Building Owner (A, B, C Combined Sublimit) .. 8 Building Ordinance or Law Tenant s Improvements and 8 Building PROPERTY Coverage for Tenant s Policy.

CONTRACT COMMERCIAL PROPERTY. Some options or coverages noted in this guide may not be available in all automated systems. E&S/Specialty . 480-365-4000 1-800-423-7675 Revised 8-21 Page 2

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