Property Coverage
At CIBA, we specialize in providing coverage for commercial real estate property owners and pride ourselves on the strength of our coverages and the ability to quickly shift to cater to the needs of the market and our clients. Our team of experienced professionals is always available to answer any questions and provide the right insurance solutions for your business.
We have two options for CRE Property Insurance: CIBA Tower & CIBA NexEdge.
CIBA Property Products:
CIBA Tower
CIBA’s Classic program has withstood the test of time with over 30 successful years of providing adaptive risk solutions across the U.S.
Limits: Shared Limit Program $1 Billion Occurrence Limit with Dedicated $50M limit in excess of the tower
Supporting Carrier(s): Leading Carrier: Falls Lake, AM Best A- | Supporting Carriers: Various
Features:
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Access to General Liability for package Accounts
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Access to Add-On Coverages (not all accounts may qualify for all add-on coverages. Available coverages are subject to change)
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Claims handling through Claims Adjusting Group and CP Law Group
Availability: Most U.S. States (see below).
Highlights
No Co-Insurance
180 days Extended Period of Indemnity
Building Ordinance or Law included
Included in Real Property:
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Outdoor Fences, Signs
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Roadways, Walks, Patios, Paved Surfaces
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Retaining Walls that are not part of the building
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Foundations of Buildings & Structures below Basement
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Underground Pipes, Flues or Drains
$100,000 Tenant Relocation Expense included
A Step Above
Our vision of bringing tailored solutions to property owners and managers continues to live on today as we strive to be adaptive and responsive to the needs of the market and our clients.
Exclusive Appointments
30 Years in Business