Eligibility Criteria For Prime Realty Guard Policies

Properties that qualify for the Prime Realty Guard policy are subject to the following eligibility criteria:

You must be a member of the “Real Estate Investment Network”
Building must be built after 1965, or must be fully updated (heating, electrical & plumbing in the last 20 years)
All buildings must have had the roof updated within the last 20 years
Adequate physical protection with all exterior doors equipped with double cylinder deadlocks
Building must be at least 75% occupied
Building must be 10 stories or less
Building must be valued at $15 million or less
No industrial, manufacturing or processing operations in the building
Premises must be well maintained and in good condition
Inspection of premises must be carried out on a regular basis by owner or property manager
Good housekeeping practices
Claims history must be satisfactory to the underwriter