Affordable Housing
Philadelphia Insurance Companies offers a comprehensive property and liability policy that addresses the unique coverage requirements of Affordable Housing. Our product includes insurance coverage for not-for-profit housing, subsidized housing, independent living senior housing and for profit/private sector-housing.
Benefits of the Program
- Ability to design/enhance coverage on an E & S basis
- Special causes of loss on building, contents, loss of income and extra expense
- Back Up of Sewers and Drains available
- Building Ordinance coverage available
Supplemental Applications
Documents Required for Proposal
- Completed signed / dated PHLY Affordable Housing Application
- Completed ACORD application(s)
- Color photograph(s) of representative buildings and auxiliary buildings
- Currently valued insurance company loss runs for the current policy period and three prior years for accounts with premium of $100,000 or less. Currently valued loss runs for the current policy period and four prior years for accounts with premium over $100,000
- Plot Plan
- Latest Budget or Financial Statement
