Real Estate / Habitational

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Real Estate / Habitational

Tokio Marine Specialty will selectively entertain real estate and habitational exposures that require a unique approach toward the business. Accounts selected will encompass superior characteristics including fire/life safety standards, loss control/mitigation standards, and those willing to partner with Tokio Marine Specialty in controlling both the frequency and severity of liability claims.


Target Classes

  • Condo Associations
  • Single family Dwelling Portfolios
  • Real Estate Investment Trusts (REIT)

Unacceptable Classes

  • Apartment Building Owners and Managers
  • Cooperative Apartments
  • Condominiums (may be eligible for monoline property)
  • Property coverage on Frame or Joisted Masonry apartments
  • Timeshares
  • Group homes
  • Co-housing
  • Rooming & Boarding houses
  • Homeless shelters
  • Assisted living (may be eligible for monoline property)
  • Hope IV programs
  • Independent living (may be eligible for monoline property)

Vacant Property

Target Classes

  • New construction that is not yet occupied
  • New property acquisitions
  • Real estate development property not yet under construction
  • Foreclosed vacant properties
  • Properties available for lease, not yet occupied
  • Buildings awaiting renovation

Unacceptable Classes

  • Sites or buildings with known pollution exposures
  • Parks
  • Urban vacant lots
  • Lots used for local RV recreational activities
  • Lakes or ponds
  • Condemned buildings (unless there is an acceptable plan for demolition to occur within a short period of time. Property coverage is not available on condemned buildings)

Commercial Office Building

Target Classes

  • Parking lots / garages
  • Combined office / retail / Mixed use

Unacceptable Exposures

  • Non-sprinklered over 5 stories
  • Existing mold & asbestos issues

Owners Interest / Project Specific Placements

Target Classes

  • Apartment Construction

Unacceptable Classes

  • Condominium Buildings
  • Residential Developments

Coverages / Capacity

General Liability

  • Commercial General Liability or Products only.
    $1M each occurrence
  • Per Location Aggregate
  • Host Liquor coverage
  • Additional Insured by written contract


  • Commercial property coverage up to $10M per risk
  • Ability to write coastal risks including wind & hail coverage (depending on state and distance to coast)
  • Equipment breakdown including spoilage coverage available as optional coverage
  • Property Enhancement Endorsement available including Money & Securities, Backup of Sewers and Drains, and other additional coverages

Environmental – Up to $25M in limits

Excess Casualty – Up to $25M in limits (Supported and Unsupported)

Financial Security

  • A.M. Best rated A++
  • Standard & Poor’s Assigned A+