Commercial Property

Coverage for any size business

When it comes to property coverage, Novum knows the top markets and coverage terms to secure for your clients. Our underwriting expertise allows us to work closely with our carrier partners to not only offer competitive rates, but more importantly, broad and adequate coverage for your unique property insured. We are committed to the highest professional and service standards to meet the needs of our retail agent partners.

Target Classes

Search any class with our

Eligibility Guide

Habitation

Restaurants

Wood Manufacturing

Light Manufacturing

Lessor's Risk Only

Janitorial Services

Financial Institutions

Nursing Homes

Lumberyards

Hotels / Motels

Grocery Stores

Schools

Assisted Living

Auto Service

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Program Highlights

Building, BPP and BI limits available up to $100 million per location

Replacement cost, agreed amount and actual cash value available

All construction types eligible

Blanket coverage with no coinsurance available

Flood - up to $10 million

Earthquake - up to $10 million

EQSL - up to $10 million in any earthquake zone

Ordinance of Law - Coverage B&C - 10% of building value

Replacement cost over-limit protection - California only

Equipment Breakdown

Extended business income - 60 days

Tenants' Improvements and Betterments

Limited Water Damage