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Program
Highlights-California Only
Target
Risks: Newer structures or
those that have been retrofitted and built on flat or gently sloping
lots with slab or raised concrete foundations.
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SUPERIOR
EQ
POLICY |
STANDARD
EQ POLICY |
CONDO
EQ POLICY |
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DWELLING
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Select Dwelling Limit
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Select Dwelling
Limit |
25,000
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OTHER STRUCTURES
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10% |
N/A
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N/A
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CONTENTS
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50% |
$5000 |
Select Contents limit
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LOSS OF USE
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20% up to
$25,000 |
$1500 |
$2500 |
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LOSS ASSESSMENTS
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10,000 |
N/A |
$5000 |
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DEDUCTIBLE |
10% or 15%
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15%
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10% |
Eligibility
Highlights:
Dwellings:
$75,000
minimum to $5,000,000 (Except LA County; maximum is $1.5 million)
maximum dwelling replacement limit
Condominiums:
$25,000 minimum to $500,000 maximum Contents limit
Any age for dwellings is
acceptable provided older homes have proof of retrofitting; Condo
must be built 1960 and newer
Special
Coverage Endorsement Available
Superior EQ Plus
Endorsement
Increases limits for swimming pools
and other types of property
Increases
Loss of Use up to $100,000
Carrier: AXIS Reinsurance Company, is a member
company of AXIS U.S. Insurance which is rated "A" (Excellent) by A.M
Best and is fully licensed in 50 states. As of December 31, 2002 AXIS had $1.1 billion of gross premiums
written, nearly $3.0 billion in assets and $1.9 billion in
policyholder surplus.
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